IPS has developed an 8.1 MWh utility-scale battery energy storage system (BESS) housed in a 20-foot container with an integrated 4 MW inverter. The Bulgarian manufacturer says it aims to meet growing demand for efficient, large-scale energy storage solutions.
Analysis of feed-in tariff scenarios in Central and Eastern Europe finds that while high feed-in tariffs are linked to the adoption of residential solar, lower tariffs are more likely to encourage battery installations. The study proposes a moderately low range of tariffs as one compromise to support both technologies.
Bulgaria’s standalone energy storage tender, which aimed to procure at least 3 GWh of cumulative usable capacity, ultimately awarded more than three times that amount.
Scientists have proposed a building-integrated PV system that integrates airflow to cool the panels and control room temperature. The system, which also acts as a shading device, can reportedly mitigate drops in power generation efficiency without additional energy consumption.
India’s PM Surya Ghar Muft Bijli Yojana initiative (PM-SGMBY) could create a INR 1.2 trillion ($13.9 billion) opportunity for PV module, inverter, and component manufacturers, benefiting project developers and engineering, procurement, and construction (EPC) contractors, according to SBICAPS.
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
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