Indian government makes surprising u-turn on electric vehicle policy
Minister for road transport, Nitin Gadkari drops plans to introduce national policy to support growth of electric vehicles in surprising reversal on earlier ambitions.
Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
Germany’s Allgäu region connects first large-scale battery storage system
ADS-TEC, a southern German battery solutions provider, has this week connected a 1 MW+ lithium-ion storage facility in the Allgäu region of the country.
Northvolt battery project approved for EIB loan that could reach €52.5m
The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.
APS, First Solar to install Arizona’s largest battery system
The Arizona-based module manufacturer will install a 50 MW battery system charged by a 65 MW solar farm under a 15-year power contract with the U.S. state’s largest utility.
Wind giant Vestas taps solar, storage markets for hybridization drive
The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.
Tesla solar deployments slide further in Q4
With only 87 MW deployed, Tesla/SolarCity may no longer be the largest distributed solar company in the United States, but its energy storage business is growing.
UK: London backs solar with funding for 1 GW PV scheme
London has launched a £34 million Energy for Londoners scheme, which includes goal of generating 1 GW of energy from solar by 2030. Shirley Rodrigues, deputy mayor for the environment and energy, presented parts of London’s energy vision this week at the Energy Storage Connected Systems conference.
GE, Arenko form partnership to deliver 41 MW battery to UK
Large-scale battery energy storage system will be supplied by GE and tap into U.K.’s growing demand for stationary storage solutions.
BBOXX and Bamboo create finance platform BEAM for off-grid sector
Bamboo and BBOXX launch pioneering platform aimed at providing developmental infrastructure for off-grid energy services.
