HUNGARY EU APPROVES €1.1 BILLION STATE AID FOR ENERGY

Hungary industrial-grade photovoltaic energy storage power station

Hungary industrial-grade photovoltaic energy storage power station

Swiss energy company MET Group has inaugurated the largest stand-alone electricity storage system in Hungary’s history. The new installation, located at the Dunamenti power plant in Százhalombatta near Budapest, has a rated power output of 40 MW and an energy storage capacity of 80 MWh. [pdf]

Poland s 2 billion energy storage project under construction

Poland s 2 billion energy storage project under construction

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]

Nicaragua s $2 4 billion energy storage project

Nicaragua s $2 4 billion energy storage project

The has reported that 14,438 MW of geothermal power was online worldwide at the end of 2020, generating 94,949 of electricity. In theory, the world's geothermal resources are sufficient to supply humans with energy. However, only a tiny fraction of the world's geothermal resources can at present be explored on a basis. [pdf]

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