Canada-based Elcora said the transaction will enhance its mining operations and energy storage business.
Australia’s largest energy gen-tailer, AGL, says it has received approval for a 200 MW/800 MWh grid scale battery to be developed at the site of its coal-fired Loy Yang power station in Victoria’s Latrobe Valley.
NREL scientists have unveiled a storage system based on a phase-change material that can store both thermal energy and electricity in a single device. According to the researchers, the new technology may be used to store excess electricity produced by on-site solar or wind operations in large scale buildings.
Proton Motor Fuel Cell and xelectrix Power have also developed a complete system that combines fuel cell and battery storage technologies and U.S.-based Plug Power is building a 100 MW electrolyzer in Egypt. Furthermore, Germany said it wants to deploy 10 GW of hydrogen capacity by 2030 and South Korea unveiled its hydrogen strategy.
Scientists in the United States pieced together data from hundreds of different sources, looking to establish the key factors that have led to consistently falling prices for lithium-ion technology since their commercialization thirty years ago. They find that public-funded research, primarily in chemistry and materials science, has made the largest contribution to cost reduction. And they offer suggestions on policy and investment to ensure that the research can continue to make these important contributions to reduction in battery costs.
U.S. solar thermal specialist Fafco is set to launch a new photovoltaic-thermal heat pump solution for water and pool heating. The system consists of photovoltaic-thermal panels, a 5 kWh thermal battery with a heat pump, and an electric hot water heater.
Australian energy storage company VSUN Energy claims to have identified the ‘missing piece of the renewable energy jigsaw’ after successfully testing a standalone electric vehicle battery charger using solar PV supplied by a vanadium redox flow battery.
A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
The energy storage system, which is set to be up and running in around a year’s time, will be supplied by Finnish company Wärtsilä and will provide services including reserve power and frequency control response.
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