The European Investment Bank (EIB) will conduct economic and technological feasibility studies on two Bulgarian pumped storage hydropower plants due to be operational by 2032. The projects will each add generation capacity of around 800 MW and will both come with a price tag of around €900 ($964) million.
The 60 MW Kūihelani solar-plus-storage facility will generate enough electricity for 27,000 homes, with a 240 MWh battery energy storage system.
The Netherlands Organisation for Applied Scientific Research has provided figures for the levelized cost of hydrogen (LCoH) for major projects in the Netherlands, while Meld Energy says it is moving forward with its hydrogen plans in England.
A new manufacturer is entering the PV market. Marstek initially focused on power banks, but is now showcasing a range of products for the booming DIY solar market, including a user-friendly, AC-coupled battery solution for balconies.
The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
The Chinese manufacturer said its new photovoltaic air conditioner is available in three versions with a cooling capacity ranging from 12.1 kW to 16 kW and a heating capacity of 14 kW to 18 kW. It can be used for both residential and commercial applications.
France’s Sunology says its new Play Max system is “the world’s first plug-and-play station with an integrated modular battery.”
Renewables developer Frontier Energy has boosted the storage duration of its 80 MW Waroona Renewable battery by 12% to 4.5 hours
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Solarwatt says it has developed a DC version of its Battery flex PV storage system. The new version offers backup power and is optimized for the Steca SolBrid hybrid inverter.
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