Ubs energy storage Latvia

Latvia''s Energy Landscape Evolves with New Battery Storage Project

Latvia has taken a significant step towards a greener future with the commissioning of its first utility-scale battery energy storage system (BESS). The 10MW/20MWh BESS, located in

UBS Asset Management acquires 700 megawatts of development-stage energy

London/New York, 28 July 2022 – UBS Asset Management today announced the acquisition of five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage (BMES). This marks an important milestone following the establishment of the Energy Storage Infrastructure team in 2021, adding significant volume to the

Supercharging decarbonization with energy storage

Discover sustainable energy with UBS Asset Management. Learn how energy storage can decrease fossil fuel reliance. Find out more today. Renewable energy may be clean and cheap, but also intermittent. Now, as energy storage has become an economical and sustainable energy source, the reliance on coal, gas or nuclear could be significantly

Battery storage in the energy transition

Technologically, battery capabilities have improved; logistically, the large amount of invested capital and human ingenuity during the past decade has helped to advance mining, refining, manufacturing and deploying capabilities for the energy storage sector; and regulatorily, governments around the world have been passing legislation to make battery energy storage

UBS orders 2.6GWh of battery storage from

The parent company said CSI Solar''s CSI Energy Storage division will supply "up to 2.6GWh" of battery storage systems for projects in North America for UBS Asset Management''s Real Estate and Private Markets

Energy Vault, Gridmatic sign 10-year deal for ERCOT battery

Optimiser Gridmatic and Energy Vault have entered into a 10-year deal for a BESS project in ERCOT, Texas, expected to be online by summer 2025. Energy Vault has concurrently reached final investment decision (FID) for the project, a 57MW/114MWh battery energy storage system (BESS) called Cross Trails, located in Scurry County, Texas.

The design and craft behind energy storage | UBS Global

Transition towards decarbonization will span decades, but now is an interesting time for energy storage. Battery technologies are scaling quickly, making energy storage commercially lucrative in more and more markets. The overall energy storage market is projected to grow more than 35% annually through the end of this decade.

Eos DOE loan, UBS AI platform, Solar and steel

Eos announced on 3 December that it has secured the US$303.5 million loan guarantee from the DOE''s Loan Programs Office (LPO). The funding will support around 80% of the cost of Project American Made Zinc Energy (AMAZE), the company''s roadmap to creating 8GWh of annual production capacity from automated lines by 2027.

Canadian Solar''s CSI supplying 2.6 GWh battery capacity to UBS'' Energy

Investment manager UBS Asset Management has selected renewable energy company Canadian Solar''s subsidiary CSI Energy Storage to supply up to 2.6 GWh of battery solutions for its portfolio of North American energy storage projects managed by its Real Estate & Private Markets arm.

Molten hydroxide salt energy storage inaugurated in Denmark

The project has an energy storage capacity of 1MWh with a discharge capacity of 1.2MW of steam. Eos Energy Enterprises closes a US Department of Energy loan deal, UBS picks an AI-driven asset optimiser and financial close for a solar-plus-storage project at an Arkansas steel rebar plant. Denmark and Latvia by Centrica, Nordic Solar and

Battery storage in the energy transition | UBS Australia

Technologically, battery capabilities have improved; logistically, the large amount of invested capital and human ingenuity during the past decade has helped to advance mining, refining, manufacturing and deploying capabilities for the energy storage sector; and regulatorily, governments around the world have been passing legislation to make battery energy storage

The design and craft behind energy storage | UBS Hong Kong

The same level of fervor goes into energy storage, and the early assessment and planning decisions are just as integral. Together with our multidisciplinary team of renewables industry veterans and energy storage specialists, Ken-Ichi and I have managed development of close to one gigawatt of energy storage projects at UBS alone.

The design and craft behind energy storage | UBS Singapore

Transition towards decarbonization will span decades, but now is an interesting time for energy storage. Battery technologies are scaling quickly, making energy storage commercially lucrative in more and more markets. The overall energy storage market is projected to grow more than 35% annually through the end of this decade.

Energy A&D Advisory | UBS Global

We help our clients maximize value in the energy markets by offering strategic technical and financial advice on oil and gas transactions. Our long-term immersion in the energy markets means we''re ideally situated to connect buyers and sellers, and extend the reach of UBS''s robust energy platform, providing uniquely valuable insight on mergers and acquisitions, fairness

The design and craft behind energy storage

The same level of fervor goes into energy storage, and the early assessment and planning decisions are just as integral. Together with our multidisciplinary team of renewables industry veterans and energy storage specialists, Ken-Ichi and I have managed development of close to one gigawatt of energy storage projects at UBS alone.

Latvia''s largest battery energy storage system unveiled

The largest energy storage battery system will provide energy storage to transfer the generated electricity to users when there is a shortage in the electricity system. The battery system includes six battery containers,

Long-duration CO2 Battery startup Energy Dome pens contract

Energy Dome has signed a contract with Alliant Energy for a 200MWh long-duration energy storage (LDES) project in Wisconsin, which the US utility considers the "first of many." Italy-headquartered Energy Dome holds the IP for its CO2 Battery, which essentially stores energy through the adiabatic compression of carbon dioxide.

UBS snaps up 700 MW of US energy storage projects

The asset management arm of Swiss bank UBS Group AG (SWX:UBSG) has acquired a 700-MW portfolio of energy storage projects in Texas from Black Mountain Energy Storage as part of the strategic expansion of the lender''s infrastructure business.

Habitat Energy to optimise 730MW of ERCOT batteries

The firm will optimise the charge and discharge of four battery energy storage system (BESS) projects for UBS Asset Management''s Real Estate & Private Markets, all of which will come online between August and

Why energy storage is the focus for the next decade

George Manahilov, co-head of Energy Storage says energy storage is now flagged as a critical grid infrastructure. It is our role at UBS to support our clients'' rising need to adapt to, and capture transition risks and opportunities. In 2021, we delivered a 78% growth in global sustainability focused and impact investing assets, and

Energy storage – an accelerator of net zero target with US

We forecast a US$385bn investment opportunity related to battery energy storage systems (BESS). We raise our global new BESS installation forecast for 2030E to 453GWh, implying a

Solar Pro.