Energy Storage

The Dutch government has earmarked €100 million ($106.7 million) of subsidies for the deployment of battery storage alongside PV projects. The funds are part of a €416 million subsidy program announced last year to alleviate grid congestion.

Car manufacturer Stellantis has agreed to invest $100 million in a 49.5% stake in Argentina’s 360 Energy Solar. The two parties plan to develop new solar plants, install large-scale storage systems, and produce hydrogen energy.

ArcActive, a New Zealand-based battery tech specialist, plans to set up a factory in Australia within 18 months. It says the facility will be able to produce 30,000 lead acid-based residential energy storage systems per year.

Jaguar Land Rover (JLR) and Allye Energy have agreed to collaborate on a 270 kWh portable battery energy storage system (BESS) built with second-life Range Rover batteries. The system, which is set to become the first commercially available BESS with JLR battery packs, can fully charge up to nine Range Rover PHEV vehicles at once.

Nhoa Energy, an Italian developer, has commissioned a battery energy storage project for Taiwan Cement Group in Yilan county, Taiwan, with a capacity exceeding 120 MWh.

Renewables developer Vast Solar has signed a key engineering contract as it pushes toward construction of a 30 MW/288 MWh thermal concentrated solar power (CSP) plant with more than eight hours of energy storage capacity near Port Augusta, South Australia.

Researchers in Japan have developed a novel cathode material for rechargeable magnesium batteries (RMBs) in the form of rocksalt oxide. This new material reportedly enables efficient charging and discharging even at low temperatures.

Battery research is advancing to address issues in the lithium-ion development process and concerns about safety and aging. Vehicle-to-everything (V2X) tech, meanwhile, is in the starting blocks, but interoperability is the key hurdle to achieving mass market penetration.

Researchers in China have developed a photovoltaic cold storage system that is reportedly able to improve refrigeration capacity and ice storage rate. The system is said to ensure a stable cooling system operation for the refrigeration needs of agricultural products.

The German manufacturer said the new air-to-water systems are part of its Hybrox series. Their coefficient of performance is between 4.3 and 5.3 and their size ranges from 11 kW to 16 kW.