The Centre is considering a proposal to require wind and solar farms supplying power to the grid, along with standalone energy storage systems, to install battery storage systems featuring a minimum level of domestic components, three people familiar with the discussions said. The move aims to curb the nation’s reliance on imports but risks nudging up the final cost of power, at a critical juncture for the country’s energy transition. The government is looking to mandate at least 50% local content for compo ...

Core Insights - Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a total capacity of 1.95GW of solar power and 3.9GWh of battery energy storage systems (BESS) in Egypt [1][2] - This agreement marks the largest investment in Scatec's history, emphasizing the company's commitment to renewable energy in Africa [2] - The integrated solar and BESS facility aims to provide continuous renewable baseload power, generating approximately 6,000GWh of renewable energy annually [3] Project Details - Scatec will develop two additional stand-alone BESS projects to enhance grid stability and support services [2] - The company will manage engineering, procurement, construction (EPC), asset management, and operations and maintenance for the projects, leveraging its experience in large-scale hybrid and BESS projects [4] - The PPA is structured as a 25-year, US dollar-denominated, pay-as-produced agreement based on actual electricity output [3] Financial Aspects - Scatec will bring in additional equity partners for the projects, with details on capital expenditure, EPC scope, and financing structure to be disclosed at financial close, expected in the latter half of the year [5] - The establishment of a factory by Sungrow in the Suez Canal Economic Zone for energy storage batteries will support Scatec's project [6] Industry Context - Egypt aims for renewable sources to account for 42% of its electricity generation by 2030, although officials have indicated that achieving this goal may require increased international support [6]

Core Insights - Scatec ASA has signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a total capacity of 1.95 GW Solar and 3.9 GWh Battery Energy Storage Systems (BESS) in Egypt [1][2] - This agreement represents the largest solar and BESS installation in Africa and marks the largest investment in Scatec's history [2] - The project aims to provide continuous renewable baseload power and enhance grid stability in Egypt [2][3] Project Details - The PPA is structured as a 25-year, USD-denominated pay-as-produced agreement linked to the electricity generated by the hybrid system, expected to deliver approximately 6,000 GWh of renewable energy annually [4] - Scatec will provide Engineering, Procurement and Construction (EPC), Asset Management (AM), and Operations & Maintenance (O&M) services for the projects, leveraging its expertise from similar large-scale projects [5] - The company will invite additional equity partners for the projects, with further details on capital expenditure and financing structure to be disclosed at financial close, anticipated in the second half of 2026 [6] Company Overview - Scatec is a leading renewable energy solutions provider, with 6.2 GW in operation and under construction across five continents [7] - The company is committed to accelerating access to reliable and affordable clean energy in emerging markets and aims to grow its renewable energy capacity [7]

Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Aegis Critical Energy Defence Corp. (CSE: QESS) (OTCQB: QESSF) (FSE: JG6) ("Aegis") is pleased to announce a partnership with Pixii Americas Inc. in Canada to supply advanced battery solutions to the telecommunications sector. We are currently in discussions with a top three Canadian telecom operator to support their network infrastructure with reliable, high-performance battery technology.During CES week in Las Vegas, Aegis Director of Inno ...

Core Insights - Distributed Energy Resources (DERs) are increasingly recognized for their ability to enhance grid reliability and resilience, particularly during peak load periods, thereby reducing the risk of brownouts and blackouts [2][3] - The integration of advanced technologies, including artificial intelligence (AI) and vehicle-to-grid (V2G) systems, is facilitating the optimization of energy consumption and the deployment of DERs [6] Group 1: Benefits of DERs - Utilities can benefit from Demand Response (DR) and Demand-Side Management (DSM) by lowering operational costs and avoiding expensive peaker plants, while also providing potential equity ownership opportunities for customers [1] - DERs support peak-shaving and improve overall reliability, with virtual power plants (VPPs) effectively managing load resources to respond to grid conditions [1][2] - The global market for battery energy storage systems (BESS) is projected to grow to over $120 billion to $150 billion by 2030, with more than $30 billion expected in the U.S. alone [4] Group 2: Role of Microgrids - Microgrids are essential for deploying DERs, offering real-time monitoring and rapid response capabilities to grid events, thereby enhancing overall performance [3][4] - San Diego Gas & Electric has launched four microgrids to improve grid reliability, demonstrating the practical application of energy storage in supporting critical infrastructure [3][4] Group 3: Advanced Technologies - Advanced technologies such as smart thermostats and electric water heaters are crucial for managing energy consumption based on grid conditions, promoting the adoption of DERs [6] - Vehicle-to-grid (V2G) technology allows electric vehicles to act as mobile distributed energy resources, providing power back to the grid during peak demand periods [6]

Core Insights - EdgeMode has experienced significant growth in 2025, with its share price increasing by over 1,100% [3] - The company is positioned for continued momentum into 2026 and beyond, focusing on AI data center infrastructure and energy solutions [2][3] Company Progress - 2025 has been a transformative year for EdgeMode, moving from concept to asset-backed progress, enhancing credibility with stakeholders [3] - The company has developed a 1.5GW AI data center portfolio in Spain, marking a significant achievement [4][5] - EdgeMode owns 75% of the development in Spain, focusing on advancing sites to Ready-To-Build status [5][6] - Strong inbound interest and advanced-stage negotiations are expected to lead to major partnerships and agreements [7] Shareholder Protection - EdgeMode has initiated a process to rescind a prior share exchange agreement to protect shareholder interests, which may return up to 1.56 billion shares to treasury [8][9] - The termination of approximately 385 million unexercised stock options has eliminated 12.8% of potential dilution [8] Battery Energy Storage Systems (BESS) - The company has made progress in its BESS business line, focusing on intraday grid trading to generate recurring revenues [13] - Approximately $20 million of a $25 million capital raise is allocated for acquiring BESS assets, reducing development risk [14] Capital Strategy and Growth - EdgeMode is advancing a $25 million convertible note raise to fund near-term milestones while maintaining shareholder alignment [15] - The company aims to replicate its business model internationally and plans to up-list to NASDAQ in 2026-2027 [16] Future Priorities - The company enters 2026 with stronger foundations and a clearer execution pathway, focusing on advancing Spanish sites, converting infrastructure into demand, and disciplined international expansion [19][17]

Solaris is in a position to provide our customers with the most appropriate solution or solutions for their range of needs at any particular site. We can provide multiple generation sources to our customers as well as gas supply infrastructure, power distribution equipment and resiliency equipment such as battery energy storage systems or BESS. Our solutions can include a combination of natural gas turbines, natural gas reciprocating engines, grid power, BESS, fuel cells and other renewable technologies. It ...

Newport Beach, CA, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (OTCQB: BESS) (“Bimergen”), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced that its shares of common stock have been approved for listing on the NYSE American LLC ("NYSE American") stock exchange. Bimergen expects that its common stock will begin trading on the NYSE American under the symbol “BESS” upon effectiveness of its registration state ...

Ford made a decision to pivot away from full electric vehicles, and it comes at a hefty cost -- but does it make Ford stock a sell?The automotive industry has been adapting to the shifting landscape as the Trump administration continues to remove support for electric vehicles (EVs), helping fuel a slowdown in EV demand during the fourth quarter and likely beyond. Investors have been watching these changes and massive strategic decisions, and billions of investment dollars hang in the balance. This week, For ...

Core Viewpoint - Bimergen Energy Corporation has received approval for its common stock to be listed on the NYSE American, with trading expected to commence on or about December 18, 2025 [1] Group 1: Company Overview - Bimergen Energy Corporation is a U.S.-based independent power producer specializing in the development, ownership, and operation of standalone battery energy storage systems (BESS) [5] - The company focuses on utility-scale and distributed storage projects aimed at enhancing grid reliability, renewable integration, and providing flexible energy solutions [5] - Bimergen manages the entire project lifecycle, including site selection, permitting, engineering, procurement, construction, and operations, with a portfolio that spans multiple power markets across the United States [5] Group 2: Stock Listing and Offering - In connection with the uplisting to NYSE American, Bimergen is conducting a concurrent offering of its securities, pending market conditions and regulatory approval [2] - Bimergen's common stock will continue to trade on the OTC Markets' OTCQB until the market closes on or about December 17, 2025, after which trading on the OTCQB will terminate [3] - Stockholders do not need to take any action prior to the listing of Bimergen's shares on the NYSE American [3]