
Paris & Mahé, August 20, 2025 – Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. [pdf]

With a commitment to deliver cleaner, more reliable power where and when it’s needed most, GE has launched the GE Reservoir — a comprehensive energy storage platform that delivers a suite of customized storage solutions to help customers address new challenges and seek new opportunities in a rapidly transforming power grid that is becoming more highly diversified and distributed. [pdf]

Mobile thermal energy storage refers to the use of high-efficiency energy-storage equipment combined with delivery vehicles for the storage, transportation, and release of thermal energy and the use of high-efficiency heat-exchange technology for the storage of thermal energy, which is distributed in the form of mobile vehicles to the user end for steam output. [pdf]

Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]
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