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Energy Storage

New design for thermoelectric heat pumps achieves higher output, coefficient of performance

Scientists in the United Kingdom have proposed to combine residential thermoelectric heat pumps with heat storage tanks and have found this solution offers a higher heat output, a higher coefficient of performance, and shorter heating time. They stressed that thermoelectric heat pumps are easily combinable with DC photovoltaic energy.

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Israel raises tariffs for commercial PV by up to 33%

Israel’s Electricity Authority says it has reached a decision on tariffs, as current rates do not ensure the viability of large rooftop PV projects. It has also raised the tariff for stored electricity sold at peak times.

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Northvolt secures $5 billion for Europe’s first circular gigafactory

Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.

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Aira secures €145 million for heat pump expansion, manufacturing

Swedish heat pump manufacturer Aira has secured financing to expand its business, which targets the residential market. It has also obtained a grant to establish a heat pump production facility in Poland.

Bosch unveils cold climate heat pump for residential applications

According to the manufacturer, the new Inverter Ducted Split (IDS) Ultra heat pump can provide 100% heating capacity at an outdoor temperature of -15 C and can operate down to – 25 C.

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Shikun & Binui wins tender for 130 MW solar highway project in Israel

Israeli developer Shikun & Binui Energy says it will operate a 130 MW solar project next to a highway in Israel for a period of 25 years. It will also include up to 240 MWh of storage.

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New solid state battery charges in minutes, lasts for thousands of cycles

Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new lithium metal battery that can be charged and discharged at least 6,000 times — more than any other pouch battery cell — and can be recharged in a matter of minutes.

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Weekend Read: Agreeing on green hydrogen

In November 2022, Germany’s Energie Baden Württemberg and steelmaker Salzgitter Group signed one of Europe’s first power purchase agreements (PPAs) for hydrogen production. More have followed and with the European Union introducing rules to govern green hydrogen, an industry is planning for its future.

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Scalable thermochemical energy storage for renewable energy

US-based RedoxBlox has developed thermochemical energy storage (TCES) technology looking to replace natural gas heating for industrial sites and provide the lowest-cost, grid-scale storage.

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Chinese PV Industry Brief: Stationary storage installations hit 21.5 GW in 2023

The Zhongguancun Energy Storage Industry and Technology Alliance (CNESA) says China installed 21.5 GW/46.6 GWh of stationary storage capacity in 2023.

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