Energy Storage

Although only two of the nine projects selected in the auction are for hybrid biomass-solar power plants with some storage, seven will rely on renewable energy sources. The largest selected project, however, is a 123 MW gas power plant in the city of Boa Vista.

While market experts suggest solid-state battery technology will not play a significant role in the storage industry until 2025, one company may be leading the race. Blue Solutions, electrical energy storage award winner at The smarter E Europe in Munich, Germany, says it has developed the only commercialized solid-state lithium battery. pv magazine caught up with the company around the European trade show to discuss its award-winning technology and unique position in the market.

Companies can apply to have the fund cover up to 25% of the cost of renewable energy projects, as well as energy-efficiency and e-mobility initiatives.

At the Smarter E Europe, held in Munich this month, pv magazine hosted another Future PV Roundtable to discuss the possibilities of subsidy free solar projects. In all market segments solutions are at hand and representatives across the industry shared their insights with us.

Among 45 critical energy technologies and sectors assessed in a tracking report by the International Energy Agency, only seven are keeping hopes alive that climate, energy access and air pollution goals can be met.

Although the nation’s PV industry has recently established new landmarks, warnings have been sounded about the immediate outlook for the sector.

Australia’s national science agency CSIRO and Canada’s University of British Columbia have announced a memorandum of understanding aimed at accelerating clean hydrogen technologies.

At the Smarter E Europe trade show in Munich, pv magazine caught up with Lior Handelsman, VP for marketing and product strategy and founder of Solaredge. The Israeli company made headlines as it went on an acquisition spree in the last year to leverage its position in the storage and EV charging business.

Renewable energy investment in the Asia-Pacific region, excluding China, will overtake spending on oil and gas exploration and production by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.

The International Energy Agency says more than 2 million electric vehicles hit the road last year, to take the total to more than 5 million. The agency has stressed the importance of public policy, charging infrastructure and a fall in costs for continued EV uptake, and says up to 43 million EVs could be sold in 2030.