Penso Power and Luminous Energy Receive Planning Approval for a Major Energy Storage Project in Warwickshire

published: 2022-05-19 9:30
Welbar Energy Storage, a joint venture of Penso Power and Luminous Energy, has obtained full planning approval for an energy storage project in the UK. Known as the Hams Hall project, it will be sited in North Warwickshire, a district within the county of Warwickshire. The news was first announced by Penso Power on May 4 and later reported by other renewable energy news outlets. ...  more

Taiwan Cement Aims for Three Major Orientations for the Next Decade; Issues NT$1 Cash Dividend and NT$1 Stock Dividend

published: 2022-04-12 9:30
Taiwan Cement announced today that the company had achieved a revenue of NT$22.945 billion for the first quarter this year under a YoY increase of 4.12%, and the board of directors decided to issue NT$1 of cash divided and NT$1 of stock dividend, with a dividend payout ratio of 61%. Chang An-ping, Chairman of Taiwan Cement, commented that the three major orientations for Taiwan Cement for the next decade will be cement, energy, and waste disposal, and that the company’s energy strategy is to be heavily involved in the development of various renewable energy, as well as energy storage. ...  more

Israeli Energy Storage Company Develops Energy Storage by Compressing Air with Water

published: 2022-01-12 9:30
Countries around the world are actively promoting green energy and Israel is no exception. The barren southern Negev Desert is a good place to develop solar energy. However, there is no sun at night, so a return to fossil fuel burning is necessary to generate electricity. If you want to use solar energy at night, you have to have a way to store energy. ...  more