Energy Storage

As Volodymyr Zelensky celebrates his victory in the Ukrainian presidential elections, stakeholders in the country remain uncertain about his intentions in the renewable energy space. With installation figures above 1 GW in the last 12 months, the market is hot — but for how much longer?

Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.

With concerns over the mountains of PV system waste that will one day pile up around the world, Bangladesh is no exception – the nation currently has no solar panel recycling policy.

Coming hot on the heels of major reports and a heated public debate about electric vehicles, a poll commissioned by the Climate Council has confirmed Australians believe electric cars are the future. Another poll, by The Australia Institute, has 50% of Australian voters supporting all car sales being electric by 2025.

The storage supplier will set up a mixed-asset virtual power plant that will initially aggregate up to 2 MW of capacity as the first phase of a planned smart local energy system in southern England. Moixa aims to eventually scale the VPP up to 17 MW.

The Consortium for Battery Innovation has produced an interactive, online map highlighting the location of lead-battery storage installations worldwide.

Mobility company Shuttl will also set up more than 50 EV charging points in prime locations and state-run power distributor BSES Rajdhani Power Limited will invest in testing facilities to support stabilizing the grid for EV charging, as well as pilot schemes on effectively integrating renewable electricity into its network.

Washington is looking to become the fourth state to make the move to 100% renewable electricity, with only a senate review and the hand of Governor Inslee left in the path of SB 5116.

The poly maker’s project development business has entered a sale and leaseback deal for a 140 MW project that will bring in a financial lift in the short-term but cost more than $31 million over nine years.

Solar could meet approximately 68% of global energy demand with other renewables making up the rest, according to a new report. A 100% renewable energy system could also create 22 million solar jobs by 2050, the study claims. Keeping global warming below 1.5 degrees C, though, would require FITs for projects up to 40 MW in capacity, auctions for bigger systems, removing fossil fuel and nuclear subsidies and providing more education and R&D and less red tape.