GE Vernova, Lizard form JV to deliver over 1 GW of renewables in Italy
Sep 16, 2024 11:29 CESTNhoa Energy, the energy storage unit of Nhoa Group (EPA:NHOA), has kicked off the installation of a 50-MWh battery energy storage system (BESS) in Italy on behalf of independent power producer ERG SpA (BIT:ERG).
The facility will be co-located with ERG’s Vicari wind park in the southern province of Palermo, Nhoa Energy said on Thursday. The latter is acting as the project’s construction contractor and will also operate and maintain the BESS under a five-year contract.
To be installed in the commune of Vicari, on the Mediterranean island of Sicily, the battery will support the existing wind farm and help increase the efficiency of the site. The system will be equipped with Nhoa Energy’s technology and will meet Italian transmission system operator Terna's grid regulation for storage systems.
As part of the Fit-for-55 EU framework, Italy aims to have 71 GWh of new grid-scale battery storage by 2030. Last October, Nhoa Energy was selected in the country’s 2024 Capacity Market auction to install a 39-MWh battery at an existing combined cycle gas plant in central Italy.
GE Vernova, Lizard form JV to deliver over 1 GW of renewables in Italy
Sep 16, 2024 11:29 CESTAsahi Kaisei, De Nora form partnership for small-scale electrolysers
Sep 16, 2024 11:11 CESTItaly's Eni seeking to sell more of Plenitude's shares - report
Sep 16, 2024 10:10 CESTTrina Solar's intl biz gets EUR 150m to transition to European IPP
Sep 11, 2024 16:03 CESTEnapter boasts its largest 4-MW AEM electrolyser order in Europe
Sep 05, 2024 13:41 CESTSonnedix buys 80-MW solar farm in Italy, more purchases to follow
Sep 19, 2024 14:32 CEST