European battery market growth to drop off amid falling electricity prices
The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS), up from up from 8.8 GW in 2022. While this marks the third consecutive year of doubling the annual market, much slower growth is expected in the years to come.
Warehouse rooftop solar, batteries could unlock 28 GW in Australia
Nexa Advisory says sluggish rooftop solar and battery storage uptake by businesses in the Australian state of New South Wales points to a 7 GW missed opportunity, and 28 GW nationally.
Home office, schooling helped distributed PV address duck curve challenge during Covid-19 crisis
New research from the United Kingdom shows how during the Covid-19 crisis homeowners relying on PV and storage were able to considerably reduce grid electricity reliance, while increasing self-consumption rates. The analysis included 100 houses equipped with solar arrays ranging in output from 1.71 kW to 4.86 kW and batteries ranging from 2.5 kW to 3.3 kW.
BASF, NGK launch sodium-sulfur battery with less than 1% degradation rate
A set of technological improvements incorporated into the new product NAS MODEL L24 allows for lower maintenance costs compared to the earlier sodium sulfur battery type developed by the two manufacturers.
Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
India’s JSW Energy starts construction of 1 GWh battery storage
JSW Energy has started construction work for its 1 GWh battery energy storage project in India, marking its foray into energy storage services. The company is also spearheading the development of India’s largest commercial-scale green hydrogen project in India.
Release by Scatec to expand solar, storage capacity in Cameroon
Release by Scatec, a distributed-generation solar and battery energy storage systems (BESS) solution, is set to expand its solar and storage capacity in Cameroon by 28.6 MW and 19.2 MWh across two solar plants.
Canary Islands to host hybrid storage project for synchronous grid-forming
Elewit, the tech platform of Spain’s Red Eléctrica de España (REE), has revealed plans to build a hybrid storage project in the Canary Islands, featuring an 18.8 MVA virtual synchronous compensator and a 16 MW hybrid solution based on ultracapacitors.
New solid state zinc battery with superb cycle performance
Researchers in Australia have developed a new class of solid electrolytes for rechargeable aqueous zinc-iodine batteries, which has allowed for extended lifespan and high-efficiency. Symmetric cells employing this electrolyte have demonstrated excellent cycle performance, maintaining stability for approximately 5,000 hours at room temperature, while all-solid-state ZnI2 batteries exhibit over 7,000 cycles with a capacity retention exceeding 72.2%
China’s updated electricity market rules to benefit renewables, storage
China’s updated power market regulation now encompass a broader range of market participants, including energy storage entities, in a bid to ensure secure operation.
