UK could reach 12 GW storage capacity within five years, report finds
Lessons learned from solar failures could propel battery storage market to 12 GW by 2021, argues report by All-Party Parliamentary Group on Energy Storage, which implores government to be “on the front foot” when it comes to seizing ways to ensure energy security for the nation.
RENA leans on solar knowledge to develop mass etching process for lithium-ion batteries
German PV equipment manufacturer to team with Kiel University to develop scalable production of silicon anodes to boost lithium-ion battery performance.
UK government backs national battery facility to tune of £80m
Partnership between Coventry City Council, University of Warwick’s WMG and Warwickshire Local Enterprise Partnership to receive sizable investment from British government to build and maintain world-leading storage research and production facility.
SUSI to provide $94.3 million to back Canadian storage projects
A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.
French forces unite to develop solar PV desalination plants
Two French companies have partnered to develop projects that combine renewable energy generation with water desalination. This is an area the solar sector is targeting specifically for the developing world, due to its off-grid compatibility.
Global storage market to double six times by 2030, BNEF reports
Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.
Niger gets its first solar container
Africa GreenTec, alongside the German Investment and Development Company (DEG) and the International Climate Initiative, have installed a solar-plus-storage container in the Tahoua region.
Switching to solar can boost education, prosperity for developing world, study finds
Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.
Panasonic posts $1.04 billion profit in H1
Panasonic recorded a net profit of JPY 118.9 billion ($1.04 billion) for the first half of the current fiscal year, from JPY 133.5 billion a year earlier, as sales of its PV systems fell.
Nidec nails EPC, battery deal in Corsica
Nidec Industrial Solutions (NIS) has agreed to supply a battery energy storage system (BESS) for a turnkey PV project in Corsica.
