FLYWHEEL ENERGY STORAGE PROJECT

Tunisia energy storage project deployment accelerates

This five-year program of US$430 million — including US$30 million in concessional financing from the Climate Investment Funds — aims to support the Government of Tunisia to deliver a sustainable, reliable, and affordable electricity supply by accelerating renewable energy deployment, strengthening the performance of the national electricity utility (STEG), and enhancing overall sector governance. [pdf]

South American project with energy storage

Sunny Power signed a 650MW PV project in Brazil in 2022, and also signed a 500MW distribution agreement with Brazil's SOL+Distribuidora last year.On January 12, BYD and Spain's Grenergy reached a procurement agreement for a 1.1GWh energy storage system for the world's largest energy storage project, the 4.1GWh energy storage project in Chile's Atacama Oasis, supplying it with 2,136 Magic Cubes. [pdf]

Athens Energy Storage Base Project

ELSEWEDY ELECTRIC secures Greece’s first large-scale battery energy storage project ● First standalone large-scale battery energy storage project in Greece to reach financial close, with a capacity of 50MW/100MWh. ● Omar Foda: This project represents a significant step forward for ELSEWEDY ELECTRIC as we grow our renewable energy portfolio and assist Greece in its pursuit of a sustainable energy future. [pdf]

Flywheel composite energy storage

Flywheel energy storage is a mechanical energy storage technology with high power, fast response, high frequency and long life, which is suitable for transportation (rail transit [5–7], ship [8,9], automobile [10–13], aviation [14,15]), power grid quality management [16–19], wind power generation [20–22], and potential energy recovery of drilling rig [23]. [pdf]

Wickles SolarTech