The Italian energy agency GSE forecasts that a further 1.5 of PV capacity will be installed by 2020. Good business opportunities are also expected to come from the storage sector.
The storage system EnspireME is expected to become operational by the end of this year. Through an additional pilot project, surplus power from local wind plants will be managed and stored.
The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.
The Japanese electrical equipment supplier provided the battery to Taiwan Power Research Institute, which will pair the system with variable renewables such as solar in a pilot project.
Latest data from market analysts IHS Markit reveals a utility-scale global battery storage pipeline of 3.4 GW – a figure double that of last year and a growth that can trace its roots to rising demand in China and Asia.
More than 70% of 114 global energy experts interviewed in REN21 Renewables Global Futures Report believe global transition to 100% renewable energy is feasible. However, challenges remain fiercest in areas of transport and larger economies.
Two innovative new technologies with potential applications in solar were unveiled this week. Research teams across the world are looking at new way to boost solar’s stability by integrating with storage. Scientists in Australia and in China demonstrate their innovative steps toward achieving this.
Video interview: Dirk Uwe Sauer, Professor of storage system technologies at RWTH Aachen, speaks about the future of batteries at the Energy Storage Europe 2017
The world’s biggest solar and battery storage plant – and Australia’s biggest solar farm – could begin construction this year, after the project was formally launched in Adelaide on Thursday.
Video interview: Andreas Piepenbrink, CEO of German residential storage system provider E3/DC, explains at the Energy Storage Europe 2017 how the storage market is progressing in and out of Germany.
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