Fire at South Korea primary lithium battery factory kills 22
At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.
Israel to provide incentives for hybrid solar inverters
Israel’s Ministry of Energy says it will exempt hybrid solar inverters from purchase tax and customs duties. It claims that these policy mechanisms will help during energy emergencies.
Larsen & Toubro wins 185 MW/254 MWh solar-plus-storage project in India
Larsen & Toubro (L&T) has secured a contract to build a 185 MW grid-connected solar project and a 254 MWh battery energy storage system (BESS) in Bihar, India.
Australian capacity tender flooded with 40 GW of renewable energy projects
Australia’s first national Capacity Investment Scheme auction has been inundated with expressions of interest, with the federal government revealing that investors have tabled 40 GW of new renewable energy generation projects such as wind and solar.
Xing Mobility releases high-voltage battery
Xing Mobility has released its Immersi XE50 battery system designed for both renewable energy applications and commercial and residential uses. The Taiwan-based company says its solution is capable of reaching up to 1500V.
Trades against the machine
Large battery storage systems are taking on an increasing number of tasks in the German grid, meaning that the volume and speed of transactions can no longer be managed without computers. As a result, traders are working on algorithms to fully automate transactions.
Thermal energy storage tech to bolster industry decarbonisation
Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.
BESS, deep learning simulations: decrease in wholesale price variability
Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo’s deep learning simulations suggest changes in energy prices as installed battery capacity increases.
Australia: Drilling survey offers positive assessment for 120 GWh pumped hydro project
Plans to build a 5 GW/120 GWh pumped hydro energy storage system in Queensland’s Pioneer Valley have received a positive boost with geotechnical investigations revealing the site is ideally suited for dam and tunnel construction.
Tesla launches Powerwall 3 in UK & Germany
Almost ten years after the “Powerwall 1,” US EV giant Tesla has launched its home battery system, Powerwall 3, in the United Kingdom and Germany. The Powerwall 3 is being officially presented at The smarter E Europe this week.
