Compressed air energy storage (CAES) may become an interesting solution for countries with weak interconnection with their neighbors, according to scientists from Finland’s Lappeenranta University of Technology (LUT). North America and sub-Saharan Africa were found to have the largest portion of suitable areas for this kind of storage technology, and Western Canada in particular, to have the world’s strongest potential.
Augwind CEO Or Yogev recently spoke to pv magazine about the Israeli company’s new storage solution for the renewables sector. The underground compressed-air storage specialist recently secured 166 MWh of capacity in Israel’s latest solar+storage tender, and plans to take equity stakes in all five projects.
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
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