The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.
Egyptian manufacturer El Sewedy Electric has secured a contract from the authorities in Juba to build the $45 million project in Nesitu county. The African Export-Import Bank is financing the facility.
The combination of pumped hydro with other storage technologies can increase renewables penetration, improve operational safety and reduce maintenance costs at large-scale hydropower plants, according to new research. The study also focuses on techniques to determine the optimal size of renewables-based pumped hydro storage systems. Costs for hybrid solar-pumped hydro projects currently range from $0.098/kWh to $1.36/kWh.
Mali is set to host one of the world’s largest off grid solar+storage projects, as a 30 MW solar plant will soon be coupled with a 17MW/15MWh storage facility to power the Fekola gold mine. Finland’s Wärtsilä will supply the battery.
In what has been a crazy year for Nevada, the Public Utilities Commission is ending on an equally insane note by proposing 1 GW of energy storage to be deployed across the state by the last day of 2030.
With almost a decade having passed since electric vehicles hit public roads, the price of battery packs has dropped 87% since 2010, according to a report by Bloomberg New Energy Finance. With rising efficiency and evolving supply chains, the market research group suggests cumulative demand will bring prices down to parity with internal combustion engine vehicles by 2024.
Black Hills Energy is seeking 200 MW of solar power or wind plus energy storage capacity as part of a request for proposal, driven by summer 2019 bids for solar+storage of $0.024/kWh and $0.036/kWh and looming cuts to the 30% investment tax credit.
Adelaide-based storage specialist 1414 Degrees has announced plans to acquire SolarReserve Australia II, which owns the Aurora Solar Energy Project in South Australia and two other PV projects in the state of New South Wales. The company wants to use the Aurora site to build a massive 400 MW solar farm with several thousand megawatt-hours of thermal storage capacity.
The project is an extension of the Hélio Boulouparis 1 installation, which was commissioned in May 2017 with 11.2 MW of capacity.
Aside from an emphasis on energy efficiency, the Indian government’s new energy policy will primarily focus on Indian-made battery cells for electric vehicles, in addition to demand creation initiatives and new incentives.
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