SHARED ENERGY STORAGE PROJECTS

Energy storage projects in Syria
The Ministry of Energy of the Syrian Arab Republic and ACWA Power, the world’s largest private water desalination company and a global leader in energy transition and green hydrogen, have signed a Joint Development Agreement (JDA) to explore the development of approximately 2.5 GW of solar and wind projects, alongside energy storage solutions and a proposed national technical training centre. [pdf]

Stockholm Advanced Energy Storage Project
Stockholm, Sweden – 11th of November 2024 — Powerworks, a dedicated EPC and TCMA provider specialized in battery energy storage, and Capalo AI, a sustainable growth company specializing in AI-based trading and optimization for energy storage, announce a strategic partnership to operate an advanced 8MW Battery Energy Storage System (BESS) at a 130kV industrial plant in Sweden’s SE3 price area. [pdf]

Peru energy storage investment 2 billion project
Lima, Peru – 5 July 2024 – Irish family company, Phelan Green Energy, led by Chairman Mr. Paschal Phelan, has announced a landmark US$2.4 billion investment to develop a large-scale green ammonia production facility in Peru. Mr. Phelan and his team, agreed the detail of the Project at a special, two hour meeting, with Peruvian Prime Minister, Mr. Gustavo Adrianzén and his Cabinet at the Presidencia del Consejo de Ministros del Peru in Lima this week. [pdf]
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