SolarEdge announces closure of its energy storage division
SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.
Italy adds 1.74 GW during Jan-Oct, reaches record 12 GWh of energy storage
From January to the end of October 2024, Italy added 1.74 GW of storage system projects.
German researchers investigate molecular solar thermal energy storage
A four-year research project by several German universities is exploring the release of molecules involved in molecular solar thermal (MOST) energy storage. They plan to modify the molecules to achieve the best possible properties for the storage technology.
E3/DC to replace 77 LG battery modules after fire in Germany
E3/DC says a residential battery integrated with an LG Energy Solution module recently caught fire in Werne, Germany, prompting the company to replace battery modules in 77 homes as a precaution. The cause of the blaze is still under investigation.
Dragonfly launches lithium iron phosphate battery for rooftop PV, off-grid applications
The US-based company said the new 12 V lithium iron phosphate product comes with a 10-year warranty and has a lifecycle of more than 5,000 cycles.
BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Torus unveils flywheel, battery energy storage, AI-driven cybersecurity solutions
The Utah-based flywheel specialist and energy management company has recently unveiled its full-stack suite of commercial energy storage, management, and security products.
Somalia launches tender for off-grid solar-plus-storage at 25 health facilities
Somalia’s Ministry of Energy and Minerals said the solar-plus-storage systems will be deployed in the Marodi-Jeeh and Awdal regions.
Standalone liquid air energy storage system for power, heating, cooling supply
Korean scientists have designed a liquid air energy storage (LAES) technology that reportedly overcomes the major limitation of LAES systems – their relatively low round-trip efficiency. The novel system enhances efficiency by increasing power output through the generation of thermal energy using natural gas as the external fuel during energy release.
Greece, EU set up €1.6 billion fund for island decarbonization
The Greek government, the European Commission, and the European Investment Bank (EIB) have launched the Islands Decarbonisation Fund. They have initially secured €1.6 billion ($1.7 billion) to finance decarbonization projects across the Greek islands.
