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Energy Storage

Eneco finalizes 48 MW storage project in Germany

Construction on the facility was started eight months ago. In the future, the large-scale lithium-ion storage facility may participate in weekly auctions for primary reserve capacity.

Lithuanian utility aims for 1.2 GW of PV

Utility-scale PV is part of the state-run company’s new strategy to raise renewable power production. Lietuvos Energija wants 3 GW of renewable assets in Lithuania and abroad by 2030

US Senate proposes business-as-usual energy budget

The upper chamber of Congress has called for stable funding for the Department of Energy’s Office of Energy Efficiency and Renewable Energy in 2019, with an emphasis on electric vehicles as well as increasing the budget for ARPA-E by 6.5%

Partners Group, CWP Renewables to deploy 1.3 GW of PV, wind and storage in Australia

The Swiss investment manager and the Australian renewable energy developer stand ready to deliver a total of over 1.3 GW of solar, wind and battery projects across New South Wales within the next four years.

Hydrogen based solar-plus-storage project launched in French Guiana

The CEOG scheme consists of a 55 MW solar park and 140 MWh storage station based on hydrogen which, according to the project developer, enables the storage of large amounts of energy for long periods

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Siemens backs Northvolt’s Swedish battery factory plan with €10m

The German group has joined the project as a technology partner, and brings €10 million. Siemens will conduct digitalization of the value chain for Northvolt production and will be supplied with the factory’s products

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Super fast EV charging solution secures BP Venture investment

British oil giant BP has announced a $20 million investment into battery developer Storedot, whose batteries use chemically synthesized organic molecules to build an organic polymer, in addition to lithium. Storedot says the astonishing properties of the new material enable electric vehicle charging times of just five minutes

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The Weekend Read: Value generation with rural mini-grids

Commercial mini-grids: To provide electricity access for all by 2030, the International Energy Agency estimates mini-grids will provide power to one-third of the 1.1 billion people without electricity. Powering equipment that can generate income for rural villagers is hailed as one of the most important ways of enhancing rural mini-grid bankability. Rural mini-grid companies today are working with communities to understand what income-generating equipment, called productive uses of electricity, can make viable businesses.

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The impact of energy storage, pumped heat storage on global energy

With the percentage of renewables in the global energy mix increasing, and global energy demand projected to increase by 30% over the next two decades, energy storage is more important now than ever. But what are the main technologies for energy storage, and how will these technologies affect global energy? Gabriel Hurtado González, Energy Solutions Manager at Mitie, and Sasaenia Paul Oluwabunmi, Operations Officer at the OPEC Fund for International Development answer this pertinent question.

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University of Texas develops new solar system integrating energy generation and storage

Researchers at the University of Texas have been awarded $3 million by the Texan Department of Energy in a bid to accelerate research in battery storage technology to overcome the “Achilles heel” of solar power

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