Battery energy storage analytics platform Modo Energy secures $15 million
UK-based Modo Energy, a battery analytics platform developer, has raised $15 million to finance new product development and develop international markets.
US energy storage deployment surges in Q3
Wood Mackenzie says that grid-scale energy storage deployment rose by 37% on a quarterly basis in the third quarter.
Batteries in hybrid hydro-PV systems could increase profitability by 2%
Researchers from Norway have discovered that adding batteries to projects that combine hydropower and floating PV could increase annual profits by as much as 2%, due to revenues from ancillary services and capacity markets.
Australian oil company secures approval for 500 MW solar farm
Australian oil and gas producer Woodside Energy’s plans to install up to one million solar panels and a grid-scale battery in Western Australia’s Pilbara region is a step closer to realisation after the project won local development approval.
Australian firm secures PPA for 700 MW of floating PV plus battery in Sri Lanka
Australia’s United Solar Group has secured a power purchase agreement (PPA) for 700 MW of floating solar and a 1.5 GWh battery project in Kilinochchi, Sri Lanka.
Canadian Solar launches new grid-scale battery
Canadian Solar says its new SolBank 3.0 grid-scale battery supports up to 2.35 MW/5 MWh of grid-scale renewable energy storage and dispatch.
The Hydrogen Stream: GM, Autocar aim for hydrogen vehicle production by 2026
GM and Autocar Industries have agreed to jointly develop hydrogen-powered heavy-duty vehicles using GM’s Hydrotec power cubes, while European lawmakers have reached a provisional agreement on common market rules for renewable gases and hydrogen.
Gates-backed Fourth Power pilots thermal storage based on TPV cells
Fourth Power, backed by Bill Gates’ venture firm, has developed high-density thermal energy storage (TES) based on thermophotovoltaic (TPV) cells. The tech, which is reportedly 10 times cheaper than lithium-ion batteries, is based on the US company’s patented liquid metal heat transfer system.
Empowering the Energy Transition: New IEA-PVPS Task 19 Sets the Stage for Global PV Grid Integration Collaboration
The new IEA-PVPS Task 19, succeeding Task 14, aims at fostering sustainable PV grid integration and invites experts from diverse countries, disciplines, and organizations to join its ambitious projects, with the aim of reshaping the future of electric power networks and positioning PV as a dominant force within evolving power systems.
Synergy secures planning approval for 2 GWh big battery
Australian utility Synergy has secured approval for its plan to build a 500 MW/2,000 MWh battery energy storage system in Western Australia.
