Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability report ranks Tesla, Kung Long Batteries, Mustang Battery, Eaton, and Hyundai Electric in the top five spots out of 55 manufacturers.
Sinovoltaics publishes energy storage manufacturer financial stability ranking
Sinovoltaics has released its latest energy storage manufacturers ranking report, based on balance sheet assessments and publicly available financial information. It lists US-based Tesla as number one, followed by South Korean’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery, along with US-based Solid Power in the top five.
Payment plans key for solar water pumping in Sub-Saharan Africa
If solar-powered irrigation pumps can be rolled out in a responsible manner at scale, the impact on agriculture in sub-Saharan Africa could be transformational.
System design for PV-driven hybrid EV charging stations
Researchers in India have simulated a 4 kW solar power-based hybrid electric vehicle (EV) charging station using a three-stage charging strategy and found that the station is capable of charging 10–12 EVs with 48 V 30 Ah lithium-ion batteries.
South Africa launches 616 MW/2,464 MWh battery storage tender
The Department of Mineral Resources and Energy (DMRE) of South Africa has opened the third bid window for its Battery Energy Storage IPP Procurement Programme (BESIPPPP), which is procuring a total of 1,744 MW of four-hour battery storage systems. It has also announced the final winner from the first window.
EU clears Greek aid for 813 MW of PV with storage
The European Commission has approved €1 billion ($1.08 billion) of Greek measures under EU state-aid rules to support two utility-scale solar projects with lithium-ion batteries and molten-salt thermal storage. The funds will take the form of a contract for difference (CfD) over a period of 20 years.
Serbia to auction at least 400 MW of wind, solar
The Serbian government plans to launch its second renewables auction this year in a bid to procure at least 400 MW of wind and solar power.
Weekend Read: Energy sovereignty
Native American lands boast serious PV potential in the United States but getting projects off the ground hasn‘t always been easy. Different tribes are willing to take power generation into their own hands and the landscape could be shifting, thanks to funding from the US Inflation Reduction Act (IRA) and other programs.
Ireland’s ESB opens 75 MW/150 MWh battery plant
ESB has opened a 75 MW/150 MWh battery plant, touted as the largest of its kind in commercial operation in Ireland. Eamon Ryan, the country’s Minister for the Environment, Climate and Communications, has said that the site will be a core part of Ireland’s renewable energy transition.
RWE to build solar farm in Greece, battery storage in Netherlands
RWE and PPC have announced the final investment decision for the construction of a 450 MWp solar plant in Greece through their joint venture, Meton Energy S.A. RWE has also shared the details of a 35 MW/41 MWh battery storage project – its first utility-scale storage facility in the Netherlands.
