Energy Storage News


Ottco, Royal Vopak to Establish Joint Venture in the Special Economic Zone at Duqm

Oct 27, 2025

Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025…

EIB, Iberdrola Sign Loans Totaling $122 Million for Investments in Energy Storage Infrastructure

Apr 15, 2025

The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA)…

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