USTDA awards grant for 100 MW solar+storage project in Mozambique
The U.S. Trade and Development Agency (USTDA) has awarded a US$1.2 million grant for a feasibility study assessing the viability of an up to 100 MW solar PV plant, coupled with storage, in Mozambique.
Germany reaches milestone of 100,000 installed storage systems
According to the German solar trade association, BSW-Solar the number of energy storage systems in Germany is set to double in two years. Already, politicians recognize the increasing relevance storage has, in light of the progressing energy transition.
Battery materials company Livent Corporation goes public
The lithium producer is banking on both its substantial history and new developments in the rapidly growing the electric vehicle market.
Europe surpasses 1 million EV milestone
The market experienced strong growth in nearly all states. Scandinavian countries lead the charge, but Germany showed strong growth in the first half of 2018, analysts report. An uptake in EV sales might result in profound effects on their use as flexible storage units, recent reports and interviews suggest.
Nissan: ‘EVs are at the core of our company’
Nissan recently supplied batteries to Europe’s largest energy storage system using new and second-life batteries in a commercial building. At the inauguration ceremony, Nissan’s Head of Energy spoke about the car manufacturer’s role in the project, and why EVs are playing an increasingly central role.
US: 86% of Texas’ future capacity will comprise solar or wind, zero coal
The Electric Reliability Council of Texas’s pipeline of projects has ballooned to almost 80 GW. 12 GW of this is gas, while the rest is wind and solar power plants, as well as 522 MW of energy storage.
Wärtsilä completes its first European energy storage project
Hungary-based Sinergy Kft is the recipient of Wärtsilä’s first EPC energy storage project in Europe. The Finnish technology group commissioned the engine plus storage hybrid installation, its first globally, on August 22. The VPP can now provide frequency and secondary regulation to the Hungarian national grid.
Report shows Tesla’s US battery gigafactory booming
The report found over 3,200 employees working at the factory at the end of 2017, and US$3.7 billion in invested in the plant.
Batteries material market set to grow 9% until 2022
A report by Technavio suggests the global market for battery materials could grow 9% annually in the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver. pv magazine has covered previous reports predicting significant growth in PV and storage systems.
Adding businesses to microgrids helps financial viability
Adding energy-intensive industries to microgrids can help refinance system costs and can lower tariffs for residential consumers, a study suggests. To achieve this though, accurate system design and sizing are essential.
