Energy Storage

Japan may surpass 2030 PV target of 64 GW within two years — RTS

Japan may reach its 2030 solar installation target of 64 GW about 10 years ahead of schedule, according to a new report by PV consulting firm, RTS Corp.

Sunverge to build VPP project for TEPCO in Japan

Sunverge Energy has revealed plans to install “dozens” of energy storage units in eastern Japan, as part of a virtual power plant (VPP) project under regional utility Tokyo Electric Power (TEPCO).

GE slashes 12,000 jobs in response to changing power markets

GE Power has announced 12,000 jobs will go as part of its effort to cut structural costs by US$3.5 billion. Part of the reason for the move is the strong growth of renewables, and a softening of traditional power markets. Storage is said to be a “mega trend”.

Czech Republic sees 1 MW storage project, plans for 10 MW more

A 1.2 MWh battery energy storage system (BESS) has been installed in the Czech Republic by Solar Global and Alfen. Plans for another, 10 MW, project have been revealed.

UK could reach 12 GW storage capacity within five years, report finds

Lessons learned from solar failures could propel battery storage market to 12 GW by 2021, argues report by All-Party Parliamentary Group on Energy Storage, which implores government to be “on the front foot” when it comes to seizing ways to ensure energy security for the nation.

Mali: Africa GreenTec issues €10 million corporate bond for solar containers

Up to 250,000 people are set to benefit from the containers, with communities revived by opportunities electricity can offer them.

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RENA leans on solar knowledge to develop mass etching process for lithium-ion batteries

German PV equipment manufacturer to team with Kiel University to develop scalable production of silicon anodes to boost lithium-ion battery performance.

Bali volcano threat prompts distribution of solar-powered TVs, kits

Non-profit organization, Kopernic is providing disaster relief in Bali with the distribution of solar-powered televisions and kits.

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.