Distributed Storage

EU green-lights aid for European Battery Alliance

The European Commission has approved state aid for the so-called European Battery Alliance to promote the development of a lithium-ion battery supply chain in the European Union.

Solaredge brings its three-phase inverter with integrated memory interface to Europe

Solaredge wants to enable households have a higher solar self-consumption with its new product. The Israeli PV company’s solution can now be ordered in Germany, Austria, and Switzerland.

Europe approves €3.2bn to support battery R&D

The European Commission has approved use of funds given by seven member states to back Europe-wide R&D projects across the lithium-ion battery value chain, with the aim of potentially unlocking an additional €5 billion in private sector investment.

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Oman reveals bidders in 146 MW solar-diesel-storage tender

The state-owned Rural Areas Electricity Company wants to build 11 solar-diesel-storage projects in isolated rural areas. Pre-qualified bidders in the tender include Engie, Canadian Solar, Akuo, Longi, Jinko, GCL, Abengoa, Total and Belectric.

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BlackRock aims $2.5 billion at solar, wind, battery storage

The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.

Australia lacks interest in EVs, global study finds

A global study has found that Australia lacks interest in electric vehicles, due largely to the impedimental admixture of cost, range anxiety, and a lack of charging options.

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BYD to introduce next-generation Battery-Box in 2020

The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.

Nevada toys with 1 GW of storage by 2030

In what has been a crazy year for Nevada, the Public Utilities Commission is ending on an equally insane note by proposing 1 GW of energy storage to be deployed across the state by the last day of 2030.

Indonesia plans domestic electric vehicle industry

A presidential decree has enacted a range of incentives for e-mobility roll-out with domestic content requirements increasing over time.

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Could EVs start to displace fossil fuel-driven vehicles within five years?

With almost a decade having passed since electric vehicles hit public roads, the price of battery packs has dropped 87% since 2010, according to a report by Bloomberg New Energy Finance. With rising efficiency and evolving supply chains, the market research group suggests cumulative demand will bring prices down to parity with internal combustion engine vehicles by 2024.

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