The country added around 73.5 MW/109.2 MWh of new, small-sized storage capacity in 2020. Most of the batteries are in Lombardy and Veneto, where rebates are being offered.
The government of the archipelago is tendering the deployment of two big batteries, with capacities of 24 MW/24 MWh and 16 MW/16 MWh, respectively, to store renewable energy for 22 islands.
The battery manufacturer is planning to raise $2.75 billion through a private placement and to use the funds to expand the capacity of its lithium-ion battery manufacturing site which is currently under construction in Sweden, from 40 GWh to 60 GWh.
Tesla said it plans to heavily invest in raw materials from Australia for its batteries. The company said the nation now has the chance to secure a more lucrative slice of the global supply chain as the world transitions to renewable energy.
The Clean Energy Council says investors are shying away from large renewable projects in Australia, as government intervention has created uncertainty and grid risks are tough to quantify – even with a prized connection agreement in hand.
Italy’s Fincantieri has joined forces with Faist Group to produce lithium-ion batteries. Through the joint venture Power4Future, the two companies want to reach a production capacity of 2 GWh over the next five years.
The replacement program could cost around $350 million. New batteries will incorporate manufacturing process improvements.
The pilot project is combining hydrogen fuel cell generators with a combined capacity of 500 kW with a 570 kW solar array and 1.1 MWh of lithium-ion batteries. It is planned to come online in the spring of 2022.
China’s Ganfeng Lithium has signed a deal with Argentina’s Ministry of Productive Development and the province of Jujuy to build a lithium-ion battery factory.
Power ESS is a new storage system made from second-life lithium-ion batteries from electric vehicles and has been proposed by Spanish manufacturer Beeplanet as a solution for the commercial and industrial, primary, and construction sectors.
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