Energy Storage

The Slovakian authorities are offering €140 million ($156.1 million) in rebates for 2023 to cover up to 50% of the cost of buying and installing solar water heaters, heat pumps, biomass systems, solar-thermal collectors, and PV systems up to 10 kW in size.

The Angolan Ministry of Finance has secured €1.29 billion ($1.44 billion) from Standard Chartered to finance the construction of 48 hybrid PV systems across the provinces of Moxico, Lunda Norte, Lunda Sul, Bie, and Malanje. The new solar infrastructure will provide sustainable electricity to 1 million people.

India’s NTPC has launched a tender for 2 GW of pumped storage, with a minimum project size of 200 MW and a minimum storage cycle of six hours. Developers can bid for capacities ranging from 200 MW to 2 GW, and projects can be developed at multiple locations in India. Bidding closes on Aug. 16.

Germany’s VoltStorage says its containerized 50 kWh vanadium redox flow battery solution can be scaled up to 500 kWh.

Researchers at the Pacific Northwest National Laboratory (PNNL) have demonstrated the use of sugar water to improve the performance of flow batteries for grid-scale energy storage.

Rio Tinto will team up with Sumitomo Corp. to build a green hydrogen production plant in Australia as part of an AUD 111 million (USD 74.64 million) project to lower carbon emissions from the alumina refining process.

The International Renewable Energy Agency (IRENA) explains how many smart electrification solutions are already available and ready for commercialization, with pioneering companies creating, trialing and deploying potentially transformative innovations.

The Moroccan authorities are tendering a solar complex that combines 400 MWp of PV and two hours of storage.

Japanese scientists have developed an organic-inorganic halide perovskite compound for the chemical storage of ammonia (NH3), while Bosch is preparing to exhibit new products in the hydrogen value chain.

The Chilean authorities want to contract 5,400 GWh of power from renewable energy, while also including battery storage. The selected developers will secure 20-year power purchase agreements (PPAs).