As America’s power grid strains under the dual challenge of integrating intermittent renewables and serving surging demand from data centers, operators are confronting a volatile new reality. The system’s increasing complexity is testing both technical resilience and market design, with implications rippling across the energy storage sector.
India’s green hydrogen ambitions received another international vote of confidence this week as Haryana-based Hygenco secured a GBP 22 million (USD 27 million) investment from the UK-backed Neev II Fund, managed by SBICAP Ventures.
Utility, a U.S.-based industrial decarbonization company, has signed a project agreement with the Seongnam Municipal Government in South Korea to build and operate an H2Gen® hydrogen demonstration and certification plant.
Drax Group has moved to strengthen its position in the UK’s energy storage market with a £157.2 million deal to acquire three battery energy storage system (BESS) projects from Apatura.
Samsung E&A has re-entered the U.S. market with a $475 million Engineering, Procurement, and Fabrication (EPF) contract for the Wabash Low-Carbon Ammonia Project in West Terre Haute, Indiana.
A $142 million financing package from the European Bank for Reconstruction and Development (EBRD) is set to catalyze Uzbekistan’s largest renewable energy and storage development to date — a 1 GW solar photovoltaic (PV) complex paired with 1,336 MWh of battery energy storage.
Spain’s hydrogen mobility landscape is gaining momentum with the Official Credit Institute (ICO) approving €7 million in financing to Hidrógeno Verde Renovable SL (HVR) for the deployment of 20 renewable hydrogen (RH2) refueling stations across the Trans-European Transport Network (TEN-T).
OMC Power (OMC) and Honda Motor are joining forces to develop a business model that integrates repurposed EV batteries into distributed renewable energy (DRE) systems, a concept that could redefine energy access and storage economics across rural India.
