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
The German group has joined the project as a technology partner, and brings €10 million. Siemens will conduct digitalization of the value chain for Northvolt production and will be supplied with the factory’s products
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.
The plant, which consists of a 300 kW solar installation and a 1 MW storage system, was built by local power utility Cemig in partnership with Grupo Algar. The project is located in Uberlândia, in the state of Minas Gerais, which is the Brazilian region with the highest penetration of solar and renewables – and a grid that is in a urgent need of improvement.
The renewable energy developer claims that more opportunities in the UK storage business will be created by the balancing mechanism and growing demand for storage retrofits.
Tesla’s batteries may soon be Made in China. The announcement was made by Panasonic CEO Kazuhiro Tsuga during a conference accompanying the company’s 2018 fiscal-year results.
The German car maker entered the solar PV home storage business in mid-2016. In the future, its parent company, Daimler will align the stationary storage segment with its grid business.
The water-based battery relies on a reversible chemical reaction that stores electrons in the form of hydrogen gas. Despite encouraging first results, the prototype developed by the research team now needs to be further developed.
The French energy giant and the German storage specialist will begin offering a combined solar-plus-storage solution for self-consumption on the residential French market.
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