GCube launches specialized consortium to offer insurance for BESS worldwide

Image: Shutterstock

GCube Insurance, a leading insurance company for renewable energy projects, announced the launch of a new consortium to provide cover for battery energy storage systems (BESS) worl...

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Grenergy closes funding for Phase 1 and 2 of world's largest energy storage project in Chile

Image: Grenergy

Spanish company Grenergy announced it had achieved financial closure for Phase 1 and 2 of Oasis de Atacama, the world's largest energy storage project, located in Chile. Grenergy s...

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Stellantis JV to launch Leapmotor EVs in nine European countries from September

Stellantis announced a joint venture with the Chinese electric vehicle startup Leapmotor to retail EVs outside China. The venture, dubbed Leapmotor International, will be headquart...

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DEPCOM Power launches Puerto Rico's largest solar + BESS project at Salinas

Image: Lord Construction Group

DEPCOM Power, an integrated engineering, procurement, and construction (EPC) company that also provides operations and maintenance (O&M) services for utility-scale solar and en...

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The largest solar battery energy storage project in Latin America begins operations

In a historic milestone, AES Andes began commercial operations of Andes Solar llb, a 180MW solar/112MW battery storage system – the largest in Latin America -- earlier th...

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Daily Shorts: Indonesia rolls out red carpet for EV makers, Brazil's Eletrobras to buy 15 RE companies

Indonesia, which blends palm oil in diesel, has started blending bioethanol in petrol. Image: Pexels

Indonesia is in talks with Tesla and BYD and preparing a fresh set of incentives to attract the EV manufacturers, a government minister said. The incentives will be benchmarked aga...

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BYD to spend $620 mn for three-plant complex in Brazil

BYD says one of the three plants will be dedicated to electric trucks. Image: BYD

China's BYD will spend $620 million to set up a new, three-complex in the Camacari industrial park in northeastern Brazil, the company announced. BYD's announcement comes on the ba...

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Indian PSU scouts lithium blocks in Latin America, in advanced talks with Argentina: report

The talks in Argentina are being held through KABIL, a joint sector PSU that is also scouting for opportunities in Chile and Brazil. Image: Pexels

The Government of India is in advanced talks with Argentina to acquire "multiple lithium blocks" in the country, as part of its strategy to secure critical minerals, according to a...

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Chile passes major legislation incentivizing energy storage, e-mobility

Chile's congress has unanimously approved a bill promoting investments in energy storage and electric mobility in the country. The legislation is aimed at addressing powe...

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Global Progress in 'Green' transition: Brazil and Latin America

Energy storage solutions, whether applied to the power grid or EVs, make systems more flexible and are suitable for meeting low cost, low carbon electricity demands. Following is a...

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