Suomen Energiavarasto Oy has secured €26.3 million ($27.5 million) from the Finnish government to build an underground pumped hydro project at a former zinc and copper mine.
SEI Logistics has developed a portable, folding solar panel kit with batteries. The system is designed to work in harsh, remote environments.
A UK research group has proposed the combination of solar-powered heat pumps and thermal storage based on phase-change materials for residential applications. They said such a system could facilitate cost savings of up to 39%.
Scientists at the Dutch Institute for Fundamental Energy Research (DIFFER) have set up a database of 31,618 molecules that could potentially be used in future redox flow batteries. They used artificial intelligence and supercomputers to identify the properties of the molecules.
Panasonic claims that its new vehicle-to-home system can increase the self-consumption rate of residential solar and storage capacity to 90%.
Mining magnate Andrew “Twiggy” Forrest is the founder and executive chair of Australian iron ore producer Fortescue Metals Group. The company has announced an ambitious $6.2 billion decarbonization strategy and its Fortescue Future Industries subsidiary has rapidly become a global player in green hydrogen, along with a host of other energy transition technologies. Whether it is pushing to decarbonize mining, hashing out headline-making green energy deals, or using the popular “Rick and Morty” cartoon to educate people about the potential of green hydrogen, Fortescue and its shining magnate are talking the talk. But can they walk the walk? Blake Matich reports.
The Spanish government say it will finance five hybrid battery energy storage projects, with a cumulative installed capacity of at least 600 MW. Each project can secure up to €15 million ($15.68 million) in funding.
Italy added 303 MW/632 MWh of distributed energy storage capacity in the first nine months of 2022. The segment continues to grow in the country, led by the regions of Lombardy and Veneto.
China’s Bslbatt said its new product has a storage capacity of 5 kWh and a nominal voltage of 51.2 V. It measures 670 mm x 540 mm x 88 mm and is 90 mm thick.
Bill Gates-backed Rondo Energy has released the “brick toaster” heat battery, which stores renewable energy and dispatches heat and electricity for steel, cement, and chemical production.
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