Energy Storage

The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.

The U.S. Trade and Development Agency (USTDA) has approved a grant supporting the technical design and project planning work for IL&FS Energy Development Company Limited’s (IEDCL) 41 MW hybrid wind, solar and energy storage power plant in Andhra Pradesh.

Having entered the solar space four years ago with residential rooftop kits, Ikea added storage to its product mix in 2017. pv magazine caught up with Signe Antvorskov Krag, Global Development Leader IKEA Home Solar Business to discuss business models, its role in the industry, and how it intends to execute the next stage of its plan: energy communities.

While total corporate funding was down in H1 2018, compared to a year earlier, due to lower investment in the Smart Gird and Efficiency categories, battery storage companies recorded an increase of 12%.

Eelpower Limited has acquired a 20 MW battery storage scheme from Anesco in the U.K. Overall, it plans to invest £500 million in delivering 1 GW of storage capacity by 2022.

Dr Rashi Gupta, Director at Vision Mechatronics discusses the EV landscape in India, particularly focusing on the potential for battery manufacturing. While there are currently many challenges, like a lack of raw materials and infrastructure, the opportunities are immense.

At the end of June, Amsterdam’s Johan Cruijff ArenA inaugurated Europe’s largest energy storage system using new and second-life energy storage batteries in a commercial building, alongside partners Eaton, The Mobility House, Nissan and BAM. pv magazine attended the event and spoke to those involved. Below is the first in a series of three interviews with the partners, looking at their involvement in the project, and what their future plans are.

DNV GL, Deakin University, the CSIRO, and the Smart Energy Council have come together to collaborate on a two-year project to develop a new performance standard for distributed energy storage systems. The work behind the proposed Australian Battery Performance Standard is being funded $1.9 million from ARENA and the Victoria state government.

With the percentage of renewables in the global energy mix increasing, and global energy demand projected to increase by 30% over the next two decades, energy storage is more important now than ever. But what are the main technologies for energy storage, and how will these technologies affect global energy? Gabriel Hurtado González, Energy Solutions Manager at Mitie, and Sasaenia Paul Oluwabunmi, Operations Officer at the OPEC Fund for International Development answer this pertinent question.

With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive