Utility Scale Storage

China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.

BayoTech and Versogen are increasing their investments in low-carbon hydrogen in the United States, while the UK government has announced backing for 11 green hydrogen projects, canceling plans to use hydrogen for household heating.

Belgian network operator Elia says its new grid map shows available capacity, in addition to existing and already reserved capacity. The map, which considers growth in residential load and generation, shows that there might still be enough free capacity for 3.3 GW of solar and 2.8 GW of storage.

UK-based Modo Energy, a battery analytics platform developer, has raised $15 million to finance new product development and develop international markets.

Wood Mackenzie says that grid-scale energy storage deployment rose by 37% on a quarterly basis in the third quarter.

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 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.

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 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.

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.