Royal Vopak has reached an agreement in principle with Green Energy Storage (GES) for the acquisition of a majority stake in GES. The transaction marks a strategic step to accelerate the development of large-scale battery energy storage systems (BESS) in the Netherlands.
The Saudi Power Procurement Company (Principal Buyer) has commenced the qualification process for the second group of Battery Energy Storage System (BESS) projects, consisting of a total of six projects.
Abu Dhabi renewable energy group Masdar, said along with consortium partners - Al Khadra Partners, Korea Midland Power Company (Komipo) and OQ Alternative Energy - it has achieved the financial close for Ibri III, the first utility-scale solar and battery storage project in Oman.
