Solar and storage show steady growth as Tesla finally turns a profit
Tesla energy storage deployments grew 18% and storage deployments grew 11%, as the EV + battery + solar company achieves its a long-awaited quarterly profit on the success of its Model 3.
Northvolt to open battery assembly plant in Poland
Swedish battery supplier Northvolt has announced plans for a manufacturing plant in Gdansk, Poland. The company says that the plant will have an initial capacity of 10,000 battery modules per year and will begin production in 2019.
BASF to build battery material factory in Finland
As part of a strategic alliance, BASF and Norilsk Nickel aim to meet growing demand for battery materials for electric vehicles.
Poland to see its first large-scale solar storage project
Project was developed by Chinese storage system provider and panel manker BYD. The system is linked to a 1 MW solar plant built by the same company.
Tesla secures 210 acres in Shanghai for its first international Gigafactory
Tesla is planning accelerated development and construction of this new battery and EV plant, which will mark the company’s first soirée into international production.
Digital Energy Solutions wins tender for 2.19 MWh of storage in Germany
The Munich-based company will receive up to €2 million for a large-scale storage facility in southern Germany. The system will consist of 52 lithium-ion car batteries –which are also used in the BMW i3 – and will be coupled with a wind farm.
France reveals winners of tender for large-scale storage in Corsica and overseas territories
Eleven storage projects with a power rating of 50 MW and storage capacity of 54 MWh were selected by the French Energy Regulatory Commission through the tender. One will be in Corsica, while Guadeloupe and Guiana will each have three projects. Martinique and La Réunion will each host two.
IPCC: 1.5°C limit needs rapid and far-reaching action, but enables SDG progress
The Intergovernmental Panel on Climate Change (IPCC) has released a new report on different ways global warming can be kept within the 1.5°C limit. The panel seeks to inform policymakers before the upcoming COP24 in Poland this December. Resulting from their analysis, the 91 authors state that drastic action and significant investments are needed. Such climate action across all sectors would have significant positive effects on sustainable development progress, they say.
Nevada, US primed for up to a gigawatt of energy storage
A report by the Brattle Group for Nevada regulators suggests that by 2030 – depending on pricing – 700 to 1,000 MW / 2.8 to 4 GWh worth of energy storage could be cost-effectively deployed statewide.
Three strategic M&A transactions announced in Germany
While inverter maker Kaco has made a further investment in the storage sector, Enovos has agreed to acquired Wirsol’s O&M business. Furthermore, Rolls Royce has decided to buy German storage provider, Qinous.
