Scientists have designed a greenhouse system that involves a battery energy storage system, hydrogen production and storage, as well as a semi-transparent PV array. The system was optimized for maximal net present value and minimal dependency on the grid.
Investments in battery storage within Australia’s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by Wood Mackenzie. Going forward, four-hour storage systems are projected to have fastest return on investment.
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Batteries will form part of the consumer picture within two to three years, according to Júlio Bortolini, from Brazilian conglomerate Soprano.
A four-year research project by several German universities is exploring the release of molecules involved in molecular solar thermal (MOST) energy storage. They plan to modify the molecules to achieve the best possible properties for the storage technology.
The International Renewable Energy Agency’s (IRENA) latest report says that women’s roles in decentralized renewable energy are critical to achieving universal electricity access in underserved communities.
Arriba Technologies, a UK heating and cooling specialist, has developed a solar-integrated heating and cooling unit with a DC electrical system, all in a single package. It is installed at a 750 kW plant at Cambridge’s Rosie Hospital and won the Lighthouse Heat Pump Award at the European Heat Pump Association’s heat pump forum in September.
Sweden-based Innoventum has launched a solar carport line equipped with bifacial modules in a larch wood structure. The solution may include electric vehicle charging, energy storage, LED lighting, and inverter systems.
Scientists in Morocco have evaluated how hybrid wind solar plants may be combined with pumped hydro storage to power remote rural areas. The proposed system was found to have an LCOE $0.03831/kWh and a 86% use factor.
Battery storage accounted for the second-largest share of newly operating generating capacity in the United States in the first half of 2024. If all planned additions come online, this year could see a record amount of battery storage capacity added to the grid, totaling 15 GW.
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