Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.
The research team used real-world energy consumption data from 4,190 Swiss households to analyze how different cost scenarios may influence optimal photovoltaic-battery (PVB) system deployment.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
The project – the largest storage system using second-life and new electric vehicle batteries installed at a commercial building in Europe to date – was developed in partnership with Eaton, BAM and The Mobility House. pv magazine was present at the commissioning ceremony.
Aton is offering batteries to be integrated with photovoltaic systems for residential customers. Italian bank Intesa Sanpaolo also invested in the company.
Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, Secretary of India’s Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined India’s plans for becoming a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.
ABB, ElectraNet and ARENA are coming together to deliver a microgrid and large scale battery storage solution to South Australia’s Yorke Peninsula. The commercial-deployment phase of the Energy Storage for Commercial Renewable Integration (ESCRI) project will strengthen the Electranet transmission system in the area, and will deliver increased resilience in the event of interstate connector failure.
Construction on the facility was started eight months ago. In the future, the large-scale lithium-ion storage facility may participate in weekly auctions for primary reserve capacity.
The Swiss investment manager and the Australian renewable energy developer stand ready to deliver a total of over 1.3 GW of solar, wind and battery projects across New South Wales within the next four years.
The CEOG scheme consists of a 55 MW solar park and 140 MWh storage station based on hydrogen which, according to the project developer, enables the storage of large amounts of energy for long periods
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