Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
Located in the town of La Paz, in Baja California Sur, the Aura Solar III plant has a generation capacity of 32 MW and includes a lithium-ion battery storage system with a capacity of 10.5 MW/7.0 MWh.
In the latest of a series of interviews about the geopolitics of renewable energy, Indra Overland, head of the Center for Energy Research at the Norwegian Institute for International Affairs, explains how storage could change the global energy landscape by eliminating entrenched strategic dependencies. The impact of storage, he says, will be stronger in regions dependent on fossil fuels.
The asset manager has seen good returns on the 70 MW it has already acquired. Despite the U.K. government cutting subsidies for renewable energy, the fund manager believes the country will be a high growth market for storage.
Researchers from the Laboratory of Renewable Energy Science and Engineering at Switzerland’s Ecole Polytechnique Federale de Lausanne have developed a device which they say could “provide a pathway for device scalability aimed towards the large scale deployment of photo-electrochemical hydrogen production”.
Australia’s federal Labor party has pledged to roll out PV generation and batteries at schools across the nation, and to create VPPs supporting up to 365 MW of capacity.
A new project is in line with the target of the Island Council of Tenerife to cover all electricity demand with renewable energy. The development of electromobility and storage is key to the ambition.
The “next-generation” utility has presented a micro-grid at a Togolese village. The concept can be reproduced and power schools, small businesses and homes alike. Even an internet connection is part of the project. Despite the World Bank and other institutions reaching out to provide capital for electricity supply, Germany-based Mobisol GmbH is currently in self-administered insolvency proceedings.
Back in October 2018, SolarEdge announced its acquisition of Korean battery maker Kokam. Executives from both companies will be featuring as a part of discussions at pv magazine’s Future PV Roundtable during Intersolar 2019 and Lior Handelsman, Founder and VP for marketing and product strategy for SolarEdge spoke to pv magazine about the acquisition and strategy.
Despite outperforming rivals in terms of revenue and curtailment levels, solar apparently didn’t do enough to deflect the board away from plans to focus on energy-from-waste.
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