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Energy Storage

EU Council of Ministers gives final green light on clean energy package

Long awaited – and even longer debated – the 1000 pages of legislation have finally been adopted by all EU institutions. Over the coming 18 months, there will be changes, some big, some small, to the markets in Europe. Across the continent, the renewable energy industry is likely to benefit.

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EDF-led consortium wins Moroccan tender for 800 MW CSP-PV project with price of $0.070/kWh

The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.

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US energy storage market set to almost double this year

The solar-plus-storage combination is super-charging the deployment of batteries across the country and IHS Markit says the U.S. will become the largest market for grid-tied energy storage this year.

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Australia election: What can solar expect under Morrison’s coalition?

As India awaits the results of the world’s largest democratic election on Thursday, and the EU begins to go to the polls on the same day, pv magazine Australia considers the “miracle” victory by a right-wing Liberal-National coalition in Australia at the weekend, and finds the nation’s solar sector has little reason to rejoice.

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Enertrag, Enel and Leclanche commission 22 MW storage project in Germany

The companies have invested €17 million in the project. The energy stored, in the Brandenburg project, will be used to stabilize the grid and minimize the curtailment of wind farms.

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SEIA’s solar+ plan falls short on ambition

The Solar Energy Industries Association’s “ambitious goal” of solar supplying 20% of U.S. electricity in 2030 looks more like a forecast, and vision for rapid decarbonization is coming from the climate movement and the American Left, not SEIA.

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ABB, Evolvere jointly launch blockchain energy pilot

The Swiss power group and Italian utility Evolvere have started a blockchain pilot project designed to facilitate transparent, secure peer-to-peer energy trading.

Public consultation opens for 11 GW renewables hub in Australia

The Western Australian Environmental Protection Authority is seeking public input on the massive Asian Renewable Energy Hub proposed for the country’s Pilbara region.

EVs may account for more than half of global car sales by 2040: BNEF

Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.

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Pumped hydro with better financing can compete with batteries

Pumped hydro storage is highly cost competitive for large-scale energy storage, according to a report published by the San Diego County Water Authority. The report models a pumped hydro project as securing better financing terms than battery storage.

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