Have you ever wondered how a small South American nation like Suriname could become a renewable energy leader? Well, the $120 million Paramaribo Battery Energy Storage System (BESS) project might just hold the answer.
[pdf] The first phase of the projects, which have a total capacity of 1.6 GWh, is already underway, with substation infrastructure under construction. The two storage facilities, located in Turosn Koscielna and Nowa Wies Elcka, are expected to be operational in 2028.
[pdf] Portugal’s Ministry of Energy has announced that it has allocated €100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025. A total of 79 applications were vying for grant support secured under the country’s Recovery and Resilience Plan (RRP).
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