[UAE's Investopia signs partnership with UAE Development Bank]Investopia, an investment platform launched by the UAE government, has announced the signing of a memorandum of understanding with the UAE Development Bank, leading to a new partnership. Through this partnership, the two entities will leverage their respective core capabilities to drive economic growth, diversification and industrial transformation in new economies as a leading financial institution and a global thought leadership and investment platform connecting opportunity and capital. Editor/Xing Wentao
Recently, Tianhe Energy Storage has won another overseas GWh level energy storage order and will collaborate with Atlas Renewable Energy, a leading global renewable energy developer, to jointly develop a 233MW/1003MWh grid type energy storage project in Chile. After Atlas Renewable Energy's recent $475 million financing, this project will be used to build this large-scale photovoltaic+energy storage complex, aimed at providing clean energy for Chile's mining industry and enhancing the resilience of the national power grid. This system can significantly enhance the anti-interference ability of the power grid, suppress broadband oscillations, and maintain stable operation of critical loads during power grid failures or outages, effectively improving the reliability of the regional power grid. In the event of power outages or voltage fluctuations, the system can maintain stable operating parameters, effectively avoiding the spread of faults and providing reliable support for Chile's national power grid.Editor/Bian Wenjun
Recently, Energy Storage News noticed that there are multiple large-scale energy storage projects underway in the industry, including the State Power Investment Corporation's Bazhou 500MW/2000MWh independent energy storage project, Yunnan Energy Investment's 350MW/1750MWh compressed air energy storage demonstration project, Shaoxing Binhai New Area Jiangbin 50MW/100MWh independent energy storage power station project, and Shandong Zhaoyang 100MW/400MWh and Shandong Yuanpu 600MW/1800MWh mixed energy storage projects.Editor/Bian Wenjun