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Solar+storage

Greece approves large scale solar-battery-hydrogen project 

An Inter-ministerial committee of the Greek government last week labeled a photovoltaic project, combining lithium batteries and an electrolyzer, a strategic investment meaning it can take advantage of fast licensing processes.  

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Canada’s Grasshopper closes $48m financing deal for U.S. solar expansion

Grasshopper, a Canada-based renewable energy developer, will use $48 million of financing to support four solar+storage projects in Massachusetts.

The weekend read: A lifetime plan for your solar+storage asset

For developers and investors who are ready to start talking about solar+storage projects, there are some interesting and not so straightforward decisions to be made on the sizing of assets. Siobhán Green, lead on battery storage in continental Europe for Everoze, looks at the different approaches to sizing and how to choose between them. In particular, she assesses the ‘lifetime’ factors to dimensioning and discusses how to plan for degradation and potential through-life resets to the revenue stack.

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ARISE IIP issues tender call for 390 MW/200 MWh solar+storage plant in Togo, West Africa

ARISE IIP has issued a call for tenders to develop a 390 MW PV plant coupled with a 200 MWh storage system. Interested companies have until July 20 to register their interest.

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Strong growth ahead for battery storage

Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.

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Innovations in battery storage key to a solar-powered future

A few years ago, fluctuations and complex storage solutions were the main factors hampering solar growth. Today, the sector is poised to leverage technologies to make a decisive leap. With a sustainable future around the corner, it will be innovative battery storage that will drive solar PV to become more powerful and efficient than ever before. But what are the latest developments in PV and energy storage, and which innovations are poised to transform the industry?

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Overview of large-scale and commercial storage systems: Diverse business models, falling prices spur market growth

pv magazine’s updated market overview now lists details for 54 suppliers offering 198 systems, components, or services in the field of large-scale and commercial power storage. Many of the market players highlighted a range of particularly sought-after business models in the information they provided. The most frequently cited in the survey was a business model that increases the share of self-consumption in combination with solar PV plants and peak-load capping.

The weekend read: Stepping up storage in the US

The U.S. storage market is booming. But while the solar PV industry has come a long way, with decades of deployment to look back on, battery energy storage is still coming of age. And when things move fast, things can go wrong. At pv magazine’s Virtual Roundtables USA event in late-November 2020, experts raised the challenges that accompany opportunities for battery storage. A move toward greater maturity allows some lessons to be learned from solar – leveling up energy storage will require commitment from the sector with standards, testing, and quality performance.

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pv magazine video: US storage market under spotlight

In pv magazine’s second roundtable session, Advanced technologies, the U.S. storage market came under the spotlight – in particular, the lessons that can be learned from solar as the market moves towards greater maturity. Also under discussion was the trend among PV manufacturers to producing ever larger cells and modules in the continuous drive to bring down LCOE. But is big necessarily better?

Linking solar with energy storage and EV technologies

Solar is booming globally and as costs come down and the technology approaches grid-parity, historically based government incentive models and subsidies are changing –particularly for the distributed generation (DG) rooftop market. But new technologies and capabilities of other distributed energy resources (DERs), such as battery energy storage systems, electric vehicles (EVs), and other smart energy technologies, are stepping into position for a net-zero energy future – providing opportunity to advance beyond the power structures of the past.

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