The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.
German concern Kaco has sold its central inverter business. The German manufacturer hopes to focus on its string inverter and energy storage branches while the South Korean buyer hopes the newly acquired knowhow can improve the energy efficiency of its large-scale PV parks.
The University of Benin has started the qualifiction stage of the tender for a project that will be developed as a public-private partnership.
Two power-to-gas projects promise to improve the technology. In Brandenburg, Edis and Gasag want to transform renewable power into hydrogen, driving sectoral coupling. And Sunfire has switched on its first co-electrolysis project.
The domestic company has cleared a third debt funding facility of $9 million with Kenya-based SunFunder, responsAbility and Oikocredit. The credit means 2.5 MW of off-grid capacity, enough to bring energy to 70.000 people.
In the U.K., systems bigger than 50 MW fall under the Nationally Significant Infrastructure Projects regime and require special permitting. With the aim of optimizing the market for higher storage penetration, the Department for Business, Energy and Industrial Strategy is holding a consultation until March 25 to determine whether to retain the 50 MW threshold.
The procurement exercise, intended for the deployment of large-scale projects across three locations, was to have been held on January 29. The tender will be re-issued this year – and it may include storage.
The International Renewable Energy Agency has plotted the potentially dramatic impacts of a global transition to renewable energy from fossil fuels. Today’s A New World report notes the transition requires international cooperation to manage disruption, as it will leave behind countries and industries that fail to adapt.
At a storage fair in Dusseldorf, researchers will present a ceramic high-temperature battery. Storage costs using sodium-nickel-chloride battery cells are said to be 50% lower than those of lithium-ion.
The German car giant has created Elli, a subsidiary that will provide green power and charging solutions for the EV sector. Volkswagen – still haunted by the diesel emissions scandal – says it wants to make mobility sustainable.
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