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South Africa renewables to surpass thermal capacity by 2035, forecasts GlobalData

South Africa renewables to surpass thermal capacity by 2035, forecasts GlobalData

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South Africa’s power market is shifting from a coal-dominated, state-led system toward a more competitive model in which private developers build renewable projects for corporate buyers, municipalities, and to supply the grid, alongside growing bilateral trading and electricity wheeling. Against this backdrop, renewable technologies are expected to overtake thermal generation in the country’s capacity mix by 2035, as solar PV and wind replace retiring coal capacity, according to

Swiss-based PowerEdge selects Elisa Industriq’s Gridle for 37 MWh long-duration battery project in Finland

Swiss-based PowerEdge selects Elisa Industriq’s Gridle for 37 MWh long-duration battery project in Finland

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The 10 MW / 37 MWh Pelkosenniemi project marks PowerEdge’s entry into utility-scale battery energy storage market in Finland, with Gridle selected as its long-term optimization and trading partner.

Swiss-based PowerEdge AG has selected Elisa Industriq’s Gridle as the long-term optimization, trading and route-to-market partner for a 10 MW / 37 MWh battery energy storage system (BESS) in Pelkosenniemi, northern Finland. 

Gridle will take responsibility for bringing the battery to the

MOL Group inaugurated its first biomethane plant in Szarvas

MOL Group inaugurated its first biomethane plant in Szarvas

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MOL Group has inaugurated its first biomethane plant in Szarvas. As a result of the investment of more than HUF 2.7 billion, the facility can now produce biomethane from biogas of a purity suitable for injection into the national natural gas network. This way, more than 7 million cubic meters of natural gas will be replaced with renewable energy annually. The investment marks an important milestone in MOL Group's long-term SHAPE TOMORROW strategy by further expanding the company's green energy