Browsing: NEWS

Intersect Power has secured $837 million to develop 1 GWh of battery energy storage systems (BESS) in Texas—an award-winning transaction that signals how utility-scale storage is evolving to serve not only grid stability but also the growing energy demands of artificial intelligence infrastructure.

BP has exited its joint development of the 250MW H2-Fifty project in the Port of Rotterdam—a decision that signals both strategic recalibration and the financial headwinds confronting early-stage electrolytic hydrogen ventures. HyCC, BP’s former partner, will instead pursue a similarly sized standalone project, H2Next, shifting timelines and partnerships but retaining ambition in Europe’s largest port.

As cities worldwide grapple with energy security and sustainability challenges, innovative solutions such as off-grid smart city designs incorporating renewable energy have gained traction. A recent study published in the International Journal of Hydrogen Energy sheds light on an integrated energy system for a pilot region of 8,500 households, combining solar tower technology with dual storage solutions.