In an update to a report it published earlier this year, Norway-headquartered consultancy DNV GL outlined the role it sees for both seasonal heat storage and pumped hydro to help manage the 1.4 TW of variable renewable energy capacity it forecasts to be connected to European electricity grids by 2050. DNV GL maintains the original report’s conclusion that where seasonal storage is concerned, hydrogen will be the first option.
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
Developers have until Sept. 1 to bid for capacity along railway tracks and on company-owned land across a number of Indian states.
The solar manufacturer has landed its biggest engineering, procurement and construction services deal and will work on solar facilities in Europe and Latin America which will come online before 2023.
The city of Sydney is now running entirely on renewable energy generated from wind and solar farms in the Australian state of New South Wales.
Utilities that are transitioning away from coal are starting to view the creation of a natural gas “bridge” to renewable energy as an unnecessary step.
The Swedish furniture giant has said it will turn one of its Australian superstores into its first 100% renewables-powered solar+storage retail project. Australia is also home to the company’s first expansion of its retail solar offering, Solstråle.
The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.
The heads of state of the 27 EU member states agreed to resist calls from a reported eight countries to expand the nature of projects eligible for energy transition support beyond renewables.
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