Greenko Energies will set up India’s largest Integrated Renewable Energy Project (IREP) in Andhra Pradesh at an investment of INR 150 billion (US$2.2 billion). Recently approved by the Andhra Pradesh government, the project will comprise 1,000 MW of solar energy, 550 MW of wind energy and 1,200 MW of standalone pumped storage capacities. It is expected to provide employment to 15,000 people during construction and 3,000 people after construction.
Eelpower Limited has acquired a 20 MW battery storage scheme from Anesco in the U.K. Overall, it plans to invest £500 million in delivering 1 GW of storage capacity by 2022.
High-ranking officials from China and the EU have signed a joint statement to foster technological and political co-operation in clean energy. The regions will also develop emissions trading systems further, with officials seeing such schemes as a policy tool to foster innovation for a low-carbon economy.
Biggest shareholder has acquired – and postponed payment of – a chunk of debt due last month and agreed a further debt-to-equity transfer. The Swiss company today stated further measures will be required to shore up its balance sheet.
At the end of June, Amsterdam’s Johan Cruijff ArenA inaugurated Europe’s largest energy storage system using new and second-life energy storage batteries in a commercial building, alongside partners Eaton, The Mobility House, Nissan and BAM. pv magazine attended the event and spoke to those involved. Below is the first in a series of three interviews with the partners, looking at their involvement in the project, and what their future plans are.
The virtual power plant (VPP) solutions provider connected its product with a 2 MW storage system in Belgium. It will be the country’s first storage system to take part in the grid’s frequency control reserve.
DNV GL, Deakin University, the CSIRO, and the Smart Energy Council have come together to collaborate on a two-year project to develop a new performance standard for distributed energy storage systems. The work behind the proposed Australian Battery Performance Standard is being funded $1.9 million from ARENA and the Victoria state government.
The cell uses a novel approach that increases its conversion efficiency and longevity at the same time. Researchers claim it is a new world record for this type of application and highlight its importance in storing renewable energy in hydrogen to compensate for output and demand fluctuations.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
The City of Sydney has installed the first large scale battery storage system to be located within the Sydney metropolitan are. Transgrid and the City collaborated on the project, which sees 500 kWh of batteries coupled with around 450 kWp of rooftop PV.
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