Europe’s largest battery storage project secures approval
Netherlands-based developer Giga Storage has obtained the irrevocable permit for the construction of a 600 MW/2,400 MWh battery energy storage system (BESS) project in Belgium.
Global PV capacity hit 1.6 TW in 2023, says IEA-PVPS
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.
Netherlands allocates €100 million for battery storage subsidies
The Dutch government has earmarked €100 million ($106.7 million) of subsidies for the deployment of battery storage alongside PV projects. The funds are part of a €416 million subsidy program announced last year to alleviate grid congestion.
Stellantis acquires 49.5% stake in Argentine solar company
Car manufacturer Stellantis has agreed to invest $100 million in a 49.5% stake in Argentina’s 360 Energy Solar. The two parties plan to develop new solar plants, install large-scale storage systems, and produce hydrogen energy.
ArcActive targets Australia with ‘re-engineered’ lead-acid battery tech
ArcActive, a New Zealand-based battery tech specialist, plans to set up a factory in Australia within 18 months. It says the facility will be able to produce 30,000 lead acid-based residential energy storage systems per year.
JLR, Allye Energy partner on 270 kWh portable battery energy storage system
Jaguar Land Rover (JLR) and Allye Energy have agreed to collaborate on a 270 kWh portable battery energy storage system (BESS) built with second-life Range Rover batteries. The system, which is set to become the first commercially available BESS with JLR battery packs, can fully charge up to nine Range Rover PHEV vehicles at once.
Nhoa Energy commissions battery storage project in Taiwan
Nhoa Energy, an Italian developer, has commissioned a battery energy storage project for Taiwan Cement Group in Yilan county, Taiwan, with a capacity exceeding 120 MWh.
Rechargeable magnesium batteries for grid-scale storage
Researchers in Japan have developed a novel cathode material for rechargeable magnesium batteries (RMBs) in the form of rocksalt oxide. This new material reportedly enables efficient charging and discharging even at low temperatures.
Key takeaways from Advanced Battery Power + V2G conference
Battery research is advancing to address issues in the lithium-ion development process and concerns about safety and aging. Vehicle-to-everything (V2X) tech, meanwhile, is in the starting blocks, but interoperability is the key hurdle to achieving mass market penetration.
Egyptian solar set to expand beyond the massive 1.8 GW Benban PV project
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country’s solar potential, and premium prices for gas exports make the case for a more diverse energy mix. A nation with grand renewables targets – but slow installation rates – may finally be weaning itself off fossil fuel resources.
