Penso Power Limited’s Post

Mr. Janos Hettyey of World Kinect has shed light on the important Power Purchase Agreement PPA clauses 🔍 Essential PPA Clauses: Key Insights and Trends 🔍 Signing a Power Purchase Agreement (PPA) requires meticulous attention to critical clauses that can significantly impact the outcome of the deal. 📝 Our carousel sheds light on the most crucial contractual clauses essential for navigating the complexities of a PPA. 📜 Explore the key clauses that underpin a fair and efficient agreement, alongside the latest trends shaping the dynamic landscape of PPAs. 📈 Swipe through to equip yourself with invaluable knowledge and stay at the forefront of developments in the energy industry! ⚡ #greenhydrogen #greenammonia #renewables #powerpurchaseagreement #ppa #renewableenergy #cleanenergy #renewablehydrogen #h2lligence #hydrogenintelligence Osama Fawzy Georgy HENEIN, MBA

Sungrow signs a 1.4 GWh agreement with Penso Power and BW ESS to enhance UK grid stability through advanced #energystorage solutions. L’article The UK bets on 1.4 GWh of #energystorage with Sungrow and BW ESS est apparu en premier sur energynews.

News: Corre Energy forms JV to deliver one of Europe’s largest battery projects Today we’ve announced a milestone transaction to deliver a major new battery project in the Netherlands and act as the first ‘millisecond to multiday’ energy storage hub in our portfolio. Key takeaways include: ⚡ Large-scale 320MW/640MWhr battery storage facility with a financial close target of late-2025 🤝 Deal agreed with SemperPower, a leading Dutch battery developer and operator 👍 50/50 JV will initially invest €7m, with Corre Energy’s share represented by capital already invested in the project to date 📈 c€300m capex investment expected in the Groningen area of the Netherlands, with commercial operations expected to begin in 2026 🌲 Project to have large positive societal and environmental impact, including 70,000 tonnes of CO2 savings annually 🔋 Battery development monetises excess grid capacity, complements Corre Energy's CAES plans and represents first millisecond to multiday storage solution repeatable across Corre Energy portfolio Read the full announcement here: https://lnkd.in/edNMwTNX #Energy #Battery #Storage #Renewables #BESS #EnergyTransition

Eaton, an intelligent power management company, celebrated the launch of a new clean energy microgrid in Puerto Rico April 2. Located at the company’s manufacturing facility in Arecibo, the microgrid is the largest of its kind in Puerto Rico, according to a statement from the company. The microgrid was developed in partnership with Enel North America, which built, owns and operates the system for Eaton under an energy-as-a-service agreement. It includes 5 MW of solar and approximately 1.1 MW of battery storage. It will also utilize existing on-site generators. Eaton manufactures residential, commercial and industrial circuit breakers at the Arecibo plant. The system is expected to generate nearly 10 GWh of renewable energy each year, more than half the facility’s energy needs. As a result, the Arecibo plant’s emissions will be cut by 7,100 metric tons. Eaton is targeting a 50% reduction of its companywide carbon emissions by 2030. Along with energy efficiency measures implemented by Eaton and the integration of the company’s own intelligent power management technologies, it is expected that the microgrid will reduce the plant’s energy consumption by nearly 45% and its costs by nearly 20%. Designed to withstand Category 5 wind speeds in excess of 157 miles per hour, the microgrid can deliver renewable energy to the grid, increasing its resilience. To further reduce the company’s emissions and bolster the resilience of Puerto Rico’s grid, Eaton and Enel North America are in the early stages of construction on a similar microgrid at Eaton’s Las Piedras manufacturing facility. To save energy & cost for your business, contact me at https://buff.ly/2EjAMbu. #Reliability #EnergyStorage #EnergyEfficiency #Renewables #EnergyAudit #Procurement #Resilience https://buff.ly/3J6YJTO

The UK's BESS growth highlights the appeal of longer-lasting, high-performance battery systems! Shell Energy has signed the UK’s first long-term tolling agreement for a Battery Energy Storage System (BESS) asset with BW ESS and Penso Power Limited. 🔋This seven-year deal involves the Bramley BESS, a cutting-edge project in Hampshire with a 100MW capacity and 330MWh storage, utilizing Sungrow’s innovative technology. As the longest-duration BESS in the UK, Bramley sets a new benchmark for the shift towards longer-term load shifting and paves the way for future energy storage projects. #BESS #RenewableEnergy

🛠️🔋⚡Ever wondered what goes into the construction of a utility-scale battery system? Here's a project update from the Kwinana Battery Energy Storage System Stage 2 (KBESS2) - which when complete will be WA's largest grid-connected battery; providing 200 megawatts of power with 800MW hours of energy storage. It will be capable of powering 370,000 average WA homes for approximately four hours. In a major milestone announced by our client Synergy (Electricity Generation and Retail Corporation) last month, the battery systems are now in place; leading to the installation of 72 inverters, as construction continues. This facility will be four times the size of KBESS1, itself a landmark project which Genus was pleased to deliver under an EPC contract; and which was commissioned in mid-2023. We're proud to be playing a key part in Australia's continuing energy transition. Connecting the future. Together. #energystorage #energytransition #connectingthefuture

Industry experts from ASME (The American Society of Mechanical Engineers) detail the vital role of gas turbines in a sustainable energy landscape: "There is a trend toward fewer operating hours for gas turbines—from 8,000 hours per year to around 1,000–and moving from 2/3 shutdowns per year to per day. This comes with the requirement from customers for more flexible operations such as part-load conditions and faster ramp rates. This increased operational stress can affect engine life and maintenance schedules, which must be considered in the design phase and throughout the equipment's lifetime" More starts means a faster rate of wear on igniter tips; with Chentronics predictive tip wear diagnostic features, operators and maintenance planners can make data based decisions on maintenance, reducing the risk of missed starts. We understand the industry's shift towards fuel flexibility and offer solutions compatible with a shift towards more gas turbine starts. Our technology ensures the safe and reliable operation of these critical systems. https://lnkd.in/eQQmm7nV

Amanda Niklaus, the Head of Renewables PPA Origination at BKW AG, recently shared valuable insights during the ongoing Power Price Forecasting Summit, focusing on the topic of "Types of PPAs across Europe." Let's delve into the key highlights from her enlightening presentation: Main Discussion Points: - Diversity in European PPAs: Amanda provided a comprehensive overview of the intricate landscape of Power Purchase Agreements (PPAs) across Europe. Her insights shed light on the various structures at play within the region, offering a nuanced understanding of the PPA landscape. - Navigating Negotiation Challenges: Attendees gained valuable insights into the challenges and hurdles commonly faced during the negotiation phase of PPAs. Amanda's presentation offered a realistic perspective on effectively navigating these obstacles, providing practical guidance for industry professionals. - BKW's PPA Success Story: Amanda presented a compelling case study showcasing BKW's active involvement in PPAs. The case study included tangible examples of successful PPA origination, offering a practical illustration of the company's approach and achievements in the renewable energy sector. As the summit progresses, anticipate more engaging discussions and case studies that will play a pivotal role in shaping the future landscape of power price forecasting! #RenewablesPPA #PowerPurchaseAgreements #BKW #PowerForecasting #PowerSummit

🎙️ We are excited that Ross Irvine, Senior Manager of PPA Origination & Structuring, will be joining the next episode of Zeigo's Demystifying PPAs Webinar Series; have we made #renewables too complicated? on 16th April at 10am 📅   The webinar will explore the nuances of Power Purchase Agreements (#PPAs) and cover the challenges faced in PPA sourcing, and how to overcome them.   You can sign up here 👉 https://ow.ly/IggT50R87Fw

Has your VPP team explored the possibility of aggregating electric vehicle batteries via the Calready app and enhancing discharge/charging strategies using AI?