Energy Storage & Hydrogen News - November 10th, 2023

This week's TOP 5+1 features news about Belgium's latest capacity market auction, plan for a new BESS projects in China, a framework agreement for a storage solution, secured financial support for a storage project in the UK, and a new storage capacity target in Georgia. Additionally, there's news about newly awarded funding for a green hydrogen project in Germany.

 

Top 5 Energy Storage news

 

1. 357MW of storage have been awarded in Belgium’s latest capacity market auction.

2. Energy Vault Holdings announced a 1.16 GWh projects plan in China.

3. Quinbrook Infrastructure Partners has signed a global framework agreement with CAT for over 10 GWh of energy storage solutions.

4. Pacific Green has secured a £123.5 million (US$153 million) facility to support its 1.5-hour, 249MW/373.5MWh battery energy storage system (BESS) in Kent, UK.

5. Georgia Power has announced through its integrated resource plan (IRP) an additional 4GW of renewables and up to 1GW of battery storage resources target.

 

+1 Hydrogen news

1. RWE will receive EUR 4.7 million (USD 5m) in funding from the state of North Rhine-Westphalia to install a 5-MW electrolyser.