Elon Musk comes good on 100-day, 100 MW South Australia battery promise
The Tesla chief laid down the gauntlet earlier this year, confidently tweeting that his team could have the world’s largest battery online within 100 days of signing the contract. The lithium-ion South Australia project was actually completed in 60 days.
BNEF summit: Low solar prices spreading spending doubt among Tier-1 firms
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
UK government backs national battery facility to tune of £80m
Partnership between Coventry City Council, University of Warwick’s WMG and Warwickshire Local Enterprise Partnership to receive sizable investment from British government to build and maintain world-leading storage research and production facility.
Germany develops hybrid compensation plant system combined with storage, converter
In the system, the research team combined energy storage with a very powerful converter that can influence the signal flow in the power grid. This should help reduce the number of individual systems that are used for system services and expand the use of storage.
Global storage market to double six times by 2030, BNEF reports
Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.
Sky Solar buys 24 MW of DGPV projects in Chile
All of the projects are located in the O’Higgins Region and are being developed under the country’s PMGD Program for distributed generation.
ARENA grants $1.9 million for distributed energy trials in Western Australia
Western Australia’s electricity provider Horizon Power is set to receive a financial shot in the arm through the installation of various distributed energy technologies in 90 homes and businesses in the coastal town of Carnarvon, which is home to the state’s first utility-scale energy storage, currently under trial.
Israel: 120 MW solar plant to be constructed by Belectric Isreal and Solel Boneh
Shikun & Binui Renewable Energy Ltd, the renewable energy arm of Israel conglomerate Shikun and Binui will own the plant, which will be located near the village of Zeélim.
Contractors appointed for DP Energy’s 375 MW solar, wind, storage hybrid plant in Australia
The Irish renewable energy developer will employ engineering firm Downer to develop the 150 MW solar energy component of the Port Augusta hybrid plant, with wind giants Vestas contracted to build 225 MW of wind power.
UK energy storage: all eyes set to co-location with solar plants
An energy storage event organised by the UK’s Solar Trade Association this week in London showcased the potential for energy storage development in the country. However, what the solar industry is currently targeting most eagerly is co-locating photovoltaics with batteries.
