March 4, 2025BESS and Hydrogen as allies: Key takeaways from SolaX at the Storage and Renewable Leadership Forum

Europe
BESS and Hydrogen as allies: Key takeaways from SolaX at the Storage and Renewable Leadership Forum

At the virtual event organised by Strategic Energy Corp, Rodrigo Ruiz, PV & BESS Sales Director (Iberia) at SolaX, analysed the role of energy storage in Europe’s transition, the need for public policies, and the regulatory challenges that must be addressed. Industry leaders emphasised that BESS and hydrogen are not competing technologies but complementary solutions for a more resilient and efficient energy market.

March 4, 2025Galp signs a €430 million funding agreement with the EIB for its renewable hydrogen and biofuels projects in Portugal

Portugal
Galp signs a €430 million funding agreement with the EIB for its renewable hydrogen and biofuels projects in Portugal

The two projects, now under construction at the Sines refinery, represent a total investment of €650 million. The biofuels unit, financed with €250 million, will produce low-carbon fuels that are essential for decarbonising transport. The renewable hydrogen production unit, supported by €180 million in funding, is set to become one of the largest in Europe.

March 3, 2025MACSE and the future of energy storage in Italy: Prices, returns, and sector expectations

Italy
MACSE and the future of energy storage in Italy: Prices, returns, and sector expectations

Héctor Andrés Rodríguez Garnica, PV & BESS Product Manager and Technical Specialist, states that the scheme will boost energy storage and improve the flexibility of the electricity system. Prices are expected to range between €100 and €150 per MWh, with returns between 8% and 12% for investors. Terna S.p.A. has indicated that the auctions will be delayed until September of this year.