Danish renewables developer European Energy has obtained EUR 37. 8m) in long-term project financing for a solar-plus-storage project in Latvia, which is co-owned together with Danish pension company Sampension.
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Lithium extraction can cause water depletion and soil and air pollution. The manufacturing process is energy-intensive and contributes to greenhouse gas emissions.
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Tuvalu, an island nation midway between Hawaii and Australia, has commissioned a new solar-plus-storage project with the ADB, featuring a 500 kW, on-grid solar rooftop array and a 2 MWh BESS in the capital, Funafuti.
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Located near the town of Dekemhare, approximately 40km southeast of the capital, Asmara, the ambitious project encompasses a 30MW solar photovoltaic power station coupled with a 15MW/30MWh energy storage system.
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