Energy Storage

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.

A previous announcement by Acme indicated the port site would be able to produce around 876,000 tons of the green fuel per year but the Indian developer today said that figure would be 1.2 million tons. The 100,000-ton-per-year first phase of the facility may be operational this year.

A Spanish consortium is equipping one of Madrid’s largest metro and bus stations with a hybrid system that combines PV, geothermal pumps, and vanadium redox flow batteries to provide cooling and heating.

Researchers from Australia’s Monash University have created a new generation of lithium-sulfur batteries to provide a cheaper, cleaner and faster-charging energy storage solution that outlasts lithium-ion alternatives and is rechargeable hundreds of times without failing.

Developed by Swedish manufacturer Polestar, the hard-top convertible incorporates a drone that can be launched from its dock behind the rear seats whilst driving to capture footage of the journey. In other news, Sony and Honda tie-up to make electric vehicles, Ford splits gas-powered and EV businesses, Stellantis unveils a strategic plan to reach net-zero by 2038, and Tesla offers free supercharging near Ukraine. Panasonic has also unveiled plans for two new production facilities for its large-format cylindrical battery cells.

Australia-based mining giant Fortescue has started the development of an electric train that recharges itself using gravity, after settling its recent purchase of UK-based Williams Advanced Engineering.

A UK consortium is developing an organic flow battery technology that could be used in ports to supply power to visiting vessels and in-port assets such as cranes and port vehicles. The electro-chemistry for the batteries is being supplied by German battery manufacturer CMBlu, which developed a flow battery relying on high-performance energy storage molecules that are entirely organic.

Built by Korean oil provider SK Energy and the Seoul Metropolitan Government, the “Energy Super Station” is equipped with 20kW of solar panels and 300kW of fuel cell stacks. It can refuel conventional combustion vehicles as well as electric vehicles and fuel cell cars.

The 22 nations which have had their “recovery and resilience” spending plans approved by the European Commission are set to devote billions to clean energy facilities, with the cash set to be disbursed in three payments to the end of next year.

A consortium of developers led by ACWA Power has secured financing for the Red Sea project, on the west coast of Saudi Arabia, which is set to feature a 320MW solar array and a 1.3GWh off-grid battery.