Finance and EPC contractors agreed for Namibia''s largest PV plant
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector.
Investor Gresham House raises US$160m for six new
London Stock Exchange-listed investor Gresham House Energy Storage Fund has raised £120 million (US$159.86 million) to finance six new energy storage projects. These new near-term acquisitions – totalling 245MW – are part of its c.485MW new pipeline, although small amounts of the funds will go towards existing energy storage projects.
Namibia''s first battery storage project ''signifies
A joint venture (JV) between the two Chinese companies will deliver the 54MW/54MWh Ombuu battery energy storage system (BESS) project in Namibia''s Erongo Region, at the existing Omburu Substation. Construction
Namibia set for first battery storage system – New Era
Namibia is set to expand its power storage capacity in the energy sector with the introduction of the first-ever Omburu battery energy storage system (BESS). "The BESS project will help government accomplish
Namibia to build first utility scale battery energy storage system
Namibia''s green energy goal Namibia has a small population of 2.4 million people and a low electrification rate of 56%. It can generate only 40% of its own electricity and relies on imports, mainly from South Africa. The government wants to boost its power capacity to 1,677 MW by 2035, with 60% coming from renewables.
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(EPC) for solar energy with battery storage solutions, water supply and bulk water storage solutions as well as operations & maintenance solutions. The two operating subsidiaries of NEC are NEC Energy (Pty) Ltd & NEC Water & Pumps (Pty) Ltd. Reg. No. 2010/0639 (Energy) Reg. No. 2015/0889 (Water & Pumps) P O Box 5052 Windhoek
Namibia set for first battery storage system – New Era
Namibia is set to expand its power storage capacity in the energy sector with the introduction of the first-ever Omburu battery energy storage system (BESS). "The BESS project will help government accomplish its goals by ensuring electricity supply security, cost efficiency and self-sufficiency," said NamPower managing director Kahenge
Namibia: EPC contract signed for first-ever grid-scale BESS
Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country''s dedication to modernising its energy infrastructure, according to a top local official.
Namibia
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Gresham House and NextEra California battery storage projects
UK energy storage investor Gresham House and the clean energy arm of utility NextEra have moved forward with battery storage projects in California, US. The two announcements come shortly after the internal revenue service (IRS) clarified the requirements for the domestic content adder to the standalone energy storage investment tax credit (ITC).
Namibia''s first battery storage project ''signifies
A joint venture (JV) between the two Chinese companies will deliver the 54MW/54MWh Ombuu battery energy storage system (BESS) project in Namibia''s Erongo Region, at the existing Omburu Substation. Construction is expected to take around 18 months for the project to come online in the latter part of 2025.
Namibia signs for its first grid-scale battery storage
Namibia Power Corporation (NamPower) has recently signed key EPC contracts with Shandong Electrical, Engineering & Equipment Group (SDEE) and Narada Power for the first-ever grid-scale battery energy storage
Gresham House secures PPA for 568MW battery projects in UK
Gresham House Energy Storage Fund has entered a power purchase agreement (PPA) with a subsidiary of Octopus Energy for 14 of its battery projects, totalling 568MW/920 megawatt hours (MWh), in the UK. The two-year fixed-price contracts, in place from 1 July 2024, cover approximately half of the company''s 1.07GW target portfolio.
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This is the first power storage project in Namibia. Located in Omaburu, Erongo Province, northern Namibia, the project aims to address the demand for power shortages, reduce the impact of unstable photovoltaic power generation on the power grid, and improve the quality of electricity used by residents in the region.
Battery energy storage system set to revolutionize energy sector
The collaborative effort is aimed at spearheading the development of the country''s inaugural 54 MW/54 MWH utility-scale Battery Energy Storage System (BESS). The BESS represents a monumental advancement enabling the storage and timely distribution of electricity as per demand, an essential innovation in the country''s energy infrastructure.
€20m grant funding for Namibia''s first grid
A grant of €20 million (US$22.66 million) has been made to Namibia''s government-owned electric utility company for the development of the African country''s first grid-scale battery storage project. Namibia Power Corporation (NamPower) told Energy-Storage.news that through a bilateral cooperation agreement between the federal German
Namibia: EPC contract signed for first-ever grid-scale
JV member Narada Power will supply lithium iron phosphate (LFP) battery storage for the project. Image: Narada Power. Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia,
NAMIBIA: China''s Shandong and Zhejiang to store solar energy
Namibia is moving into large-scale electricity storage. State-owned Namibia Power Corporation (NamPower) recently signed an engineering, procurement and construction (EPC) contract for a 54 MW/54 MWh storage system with Chinese companies Shandong Electrical, Engineering & Equipment Group and Zhejiang Narada Power Source.
Gresham House ''positive'' on UK BESS market despite revenue hit
Battery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value. In 2022, the company''s earnings before tax (EBITDA) was £48.8 million (US$61.80 million), "a like-for-like increase of 23.2%", while the share value increased from 116.86p to 155.51p
Namibia to build first utility scale battery energy storage system
Namibia''s planned new battery storage system brings it closer to reaching its green-energy goal. Its Renewable Energy Policy aims to modernise the energy sector, make it more self-reliant and turn it into a net exporter of power.
Home Battery Storage System
Home battery storage systems, combined with renewable energy generation (including solar), can make a house energy-independent and help better manage energy flow. Excess electricity and energy stored in the battery during the day will help feed the house during peak consumption and energy cost periods.
Solarcentury Africa
Since BB Energy acquired Solarcentury Africa in March 2021 it has become a key part of BB Energy''s renewable ambition. Solarcentury Africa''s integrated business model means it builds, owns and operates solar projects as well as managing the financial and commercial stages such as equity, debt, power purchase agreements and energy management.
Namibia signs for its first grid-scale battery storage project
Namibia Power Corporation (NamPower) has recently signed key EPC contracts with Shandong Electrical, Engineering & Equipment Group (SDEE) and Narada Power for the first-ever grid-scale battery energy storage project in the Southern African country.
NAMIBIA: China''s Shandong and Zhejiang to store
Namibia is moving into large-scale electricity storage. State-owned Namibia Power Corporation (NamPower) recently signed an engineering, procurement and construction (EPC) contract for a 54 MW/54 MWh storage
Namibia: EPC contract signed for first-ever grid-scale
Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country''s dedication to modernising its energy infrastructure, according to a top local official.
Gresham House turns 50MW/50MWh UK BESS project online
UK battery energy storage system (BESS) owner-operator Gresham House Energy Storage Fund has put a 50MW/50MWh project into commercial operation in Lancashire. Situated in Penwortham, south-west of the county capital Preston, the 1-hour duration BESS is set to be expanded to 2-hours in the summer, meaning its capacity would be 50MW/100MWh.
Namibia takes top spot in energy storage in sub-Saharan Africa
Omburu is the country''s first large-scale grid-side battery energy storage project and is set to become the largest energy storage project in sub-Saharan Africa. This will enable Namibia to release stored photovoltaic power when necessary, support grid stability and reduce Namibia''s reliance on peak-load fossil fuel power generation capacity
Namibia to build first utility scale battery energy
Namibia''s planned new battery storage system brings it closer to reaching its green-energy goal. Its Renewable Energy Policy aims to modernise the energy sector, make it more self-reliant and turn it into a net