UK-based solar and energy storage developer Elements Green has secured planning consent for its Staythorpe Battery Energy Storage System (BESS) project in the UK. The system will be colocated with a massive 800 MW solar farm.
At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.
According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development.
Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Chilean utility Colbún has unveiled plans for a massive pumped storage hydropower project in northern Chile. The facility will use desalinated water from the Pacific Ocean to store energy and use it when it’s most needed.
Chinese battery manufacturer Svolt has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.
UK researchers have assessed the cost of a 24V soluble lead flow battery optimized for PV applications. They have found that a total component cost of GBP 50 ($62)/kWh could be achieved, which is half that of current nickel-manganese-cobalt (NMC) lithium-ion cells.
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