Philippines banks on solar
Reforms over the past three years have lifted restrictions on foreign investment and sped up the permitting process for solar projects in the Philippines. As the government banks on renewables to drive the rapid expansion of power production, challenges remain for local project developers. Neil Ford reports.
Australian utility-scale battery deployment surges
Big BESS battery energy storage systems (BESS) are booming in Australia, with almost 5 GW of projects under construction last year, according Rystad Energy. While encouraging, it reports that the volume remains insufficient to overcome growing rates of renewable curtailment.
Researchers in Spain test energy-community and battery storage electricity market model
The proposed distributed-asset network model involves energy communities and battery energy storage systems (BESS) that would eliminate the need for expensive facilities.
Indian battery manufacturer opens 1.5 GWh lithium-ion plant for EVs, storage
Neuron Energy has opened a 1.5 GWh lithium-ion battery plant in Chakan, India, to produce batteries for electric vehicles, energy storage, and telecom solutions.
Spain announces 820 MW of energy storage projects for Q4 2024 applications
More than 182 MW of the battery energy storage systems (BESS) highlighted in Spain’s Official State Gazette (BOE) are for hybridization with existing solar and wind generation capacity.
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
Polish capacity market auction for 2029 catalyzes gigawatts of battery storage
The much-anticipated capacity market auction for 2029 conducted by Polskie Sieci Elektroenergetyczne (PSE) ended in the seventh round with a price of PLN 264.90 ($62.12)/kW per year. Such a clearing price rendered gas projects uneconomical and left significant room for battery storage systems to secure contracts.
Self-powering greenhouse based on PV, BESS, hydrogen
Scientists have designed a greenhouse system that involves a battery energy storage system, hydrogen production and storage, as well as a semi-transparent PV array. The system was optimized for maximal net present value and minimal dependency on the grid.
Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability ranking keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
Eaton releases commercial, industrial BESS
Eaton says its new xStorage commercial and industrial battery energy storage system (BESS) offers storage capacities ranging from 250 kWh to 1,000 kWh, using lithium iron phosphate batteries with self-contained liquid cooling.
