The innovative project located in a suburban district in the south of Shanghai will integrate five different energy storage technologies, including sodium-ion batteries. Its first phase will have a cumulative capacity of 40 MW/160 MWh.
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
The procurement exercise has attracted 67 battery energy storage companies but only six have emerged as winners. The average bid stood at CNY 0.473/Wh ($65/kWh).
The Canadian government has announced further investment in the country’s heat pump subsidy scheme, which offers homeowners an up to CAD 20,000 ($21,695) payment towards heat pump installations, aimed at the province of Manitoba.
Chinese inverter and energy storage maker Sungrow invited 300 guests from 20 European countries to its ESS [energy storage system] Experience Day event in Munich, Germany. Discussions focused on energy storage, projects, market figures, and the energy transition. The conclusion: More storage and grid expansion are needed.
The Italian manufacturer said its new heat pumps use R454B as a refrigerant and have coefficient of performance of up to 3.35.
HyIron says it has produced the first green hydrogen molecules at its Namibian facility, while Copenhagen Infrastructure Partners (CIP) has secured AUD 814 million ($512 million) for its Murchison Green Hydrogen project in Western Australia.
Segula Technologies has launched its Remora Stack product, a containerized isothermal air compression storage solution the company claims is 70% efficient.
Researchers at the University of Waterloo in Canada investigated hydrogen as a potential decarbonization strategy for remote communities in Canada and Malaysia. They reviewed the two countries’ respective situations before presenting a value proposition for continued work – both separately and collaboratively.
Storage deployment in the United States grew across all segments and is forecast to grow another 25% in 2025, according to Wood Mackenzie.
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