Its new line of residential hybrid storage systems integrates Kstar inverter technology with the lithium-ion storage technology of Chinese battery specialist CATL.
This investment comes on top of US$100 million invested in 2018. Venture capital and corporate funding of new energy technologies continues despite – or perhaps because of – the pandemic.
The Conolophus project, to be built on Santa Cruz Island in Galapagos National Park, will reduce regional diesel consumption.
The latest version of the storage system from the German manufacturer can store up to 55 kWh. Sonnen ensures a lifespan of 10,000 charging cycles.
The Chinese manufacturer has unveiled a hybrid product with a power range of 6.5-13 kW. The device has a maximum efficiency of 98.4%, according to Ginlong, and battery charging/discharging efficiency of 97.5%.
Chinese developer Panda Green says it has negotiated exclusive rights to develop a $1.41 billion project in Xinjiang which will feature PV and photothermal generation, hydrogen production and energy storage.
Tesla CEO Elon Musk finds himself in the news quite often, from groundbreaking SpaceX launches to contentious tweets. Yet one story that has flown under the radar by the brash businessman’s standards has been going on for four years now.
The Yllikkälä Power Reserve One project will be one of Europe’s largest storage installations and the biggest in the Nordic countries. French developer Neoen will deploy the big battery close to Lappeenranta in the southeastern part of the country.
Span’s ambition is to “transform the electrical panel into an intelligent gateway” and expand the adoption of solar and electric vehicles, as well as storage systems like Panasonic’s residential battery.
Dubai-based Weco has unveiled a new lithium battery solution that can operate in parallel as a low-voltage storage system or in series as a high-voltage battery with no hardware changes. The batteries can be mounted on walls or set up in a stack configuration.
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