An energy transmission system operator (TSO) has announced plans to install a 250 MW battery project in Kupferzell, Germany, in order to transmit wind power from the northern part of the country to the south.
Waleed AlHallaj, the head of business development for the Middle East and North Africa (MENA) at JinkoSolar, recently spoke to pv magazine about the prospects for the regional energy storage market. He said that storage systems have already penetrated markets with weak grids, such as Yemen and Lebanon.
Rivian’s electric trucks will receive their first charge at the company’s US factory, from renewable energy produced by a 783 kW solar parking canopy.
French renewables developer Neoen has completed the financing for its 100 MW/200 MWh “Capital Battery” in Canberra, Australia. It said the project is now on track to be operational in the first half of 2023.
Boston-based startup Form Energy has raised $450 million in a new Series E financing round.
Puerto Rico’s latest procurement exercise is the second round of a tender scheme designed to allocate 3.75 GW of renewablesd capacity and 1.5 GW of storage.
S4 Energy and ABB recently installed a hybrid battery-flywheel storage facility in the Netherlands. The project features a 10 MW battery system and a 3 MW flywheel system and can reportedly offer a levelized cost of storage ranging between €0.020 ($0.020)/kWh and €0.12/kWh.
Multiple factors can affect the lifespans of residential battery energy storage systems.
Brookfield Renewable is set to invest up to $2 billion in Standard Solar and Scout Clean Energy, bringing its development portfolio to 60 GW.
Hithium’s new battery has an energy efficiency of 95% and an energy density of 170 Wh/kg. It can purportedly operate for more than 12,000 cycles.
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