5 MW/7.5 MWh Li-ion battery to provide network services in Australia
Spanish storage specialist E22 is now working on its first project in Australia – a 5 MW/7.5 MW Li-ion battery in Victoria that will provide AusNet with network services during periods of summer congestion.
Enel plans to drive 120 GW of renewables capacity by 2030
The Italian energy business plans to spend €70 billion on clean energy this decade and also announced plans to invest in e-mobility and grid flexibility, in concert with outside investors.
UK government leaves door open on more regular renewables auctions
Developers dodged more onerous supply-chain and carbon-footprint commitments in the results of a recent consultation exercise announced by BEIS but appear set to lose all Contracts for Difference top-up payments during periods of negative electricity prices.
EU solar manufacturers must show willing on circular approach to secure funding
An extensive European Commission regulation has set the bar on those economic activities deemed to help in the war against global heating and, by implication, those which may hinder the effort.
Interest grows in going with the vanadium flow
The choice of battery storage technologies in support of solar energy supply is broadening to suit a variety of emerging applications. VSUN has just made its first power play for vanadium-redox-flow batteries in the off-grid residential market.
Chile to launch auction for 2.31 TWh of renewables+storage in May
The country’s energy regulator will publish the auction’s final bidding terms in December. Projects awarded contracts under the auction will supply electricity under 15-year power purchase agreements for 2026-2040.
Iberdrola and Ingeteam set up JV to produce electrolyzers in Spain
Iberlyzer will begin operations next year and will produce more than 200 MW of electrolyzers in 2023, with an initial investment of close to €100 million. In addition, the Spanish energy giant has signed an agreement with Norwegian company Nel to build and develop large electrolyzers in Spain.
Investors bet $27.5 million on Nanotech Energy’s graphene battery breakthrough
Nanotech Energy plans to release a non-flammable, environmentally friendly lithium battery that can charge “18 times faster than anything that is currently available on the market.” And it aims to do it within the next year.
UK utility unveils £50m flexibility tender
Hong Kong-owned UK Power Networks is aiming to commission 250 MW of grid flexibility from energy storage assets with capacities as small as 10 kW, on contracts ranging in length from six months to seven years.
Form Energy secures $70 million for ‘aqueous air battery’
Form Energy plans to deploy a 1 MW/150 MWh system with a Minnesota utility by 2023.
