Energy Storage

Artificial intelligence will play a larger role in solar and energy storage products, according to Sigenergy founder and CEO Tony Xu. Here, he discusses upcoming trends and current challenges in the renewable energy industry, along with the innovations his company is bringing to energy storage solutions.

JSW Energy aims to reach 20 GW of power generation, along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.

In a bid to avoid costly grid augmentation, Spanish electric vehicle (EV) charger supplier Wallbox has designed a multi-layered energy intelligence solution – proving that necessity is the mother of invention.

German researchers say gas-grid retrofits for hydrogen transport, combined with power grid expansion, could decarbonize Europe’s economy, while S&P says the global ammonia trade could expand by nearly 10 times by 2050.

An international research team has fabricated a heat-driven thermoacoustic heat pump prototype that is claimed to achieve a heating capacity of 5.7 kW and a coefficient of performance of 1.4, with a heating temperature of 300 C and a heat-sink temperature of 55 C. The device uses medium/low-grade heat sources and is purportedly able to offer a complementary solution to the existing domestic heating methods.

The Minnesota Public Utilities Commission (PUC) has approved Form Energy’s 10 MW/1 GWh iron-air long-duration storage facility for Xcel Energy.

A California hydrogen developer and a Netherlands-based desalination company have formed a new partnership.

The Slovakian authorities are offering €140 million ($156.1 million) in rebates for 2023 to cover up to 50% of the cost of buying and installing solar water heaters, heat pumps, biomass systems, solar-thermal collectors, and PV systems up to 10 kW in size.

The Angolan Ministry of Finance has secured €1.29 billion ($1.44 billion) from Standard Chartered to finance the construction of 48 hybrid PV systems across the provinces of Moxico, Lunda Norte, Lunda Sul, Bie, and Malanje. The new solar infrastructure will provide sustainable electricity to 1 million people.

India’s NTPC has launched a tender for 2 GW of pumped storage, with a minimum project size of 200 MW and a minimum storage cycle of six hours. Developers can bid for capacities ranging from 200 MW to 2 GW, and projects can be developed at multiple locations in India. Bidding closes on Aug. 16.