Energy Storage

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

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

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

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.

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.

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

The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders

With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive

SMA says its new product will offer digital services such as monitoring and automatic notifications to perform maintenance as well as offering an emergency supply system. According to analysts, the varied applications of new inverters signal an increasingly competitive marketplace.

Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.