Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), has pledged AU$300 million (US$192 million) of existing funding towards “building investor confidence in renewable hydrogen”.
Vanadium redox flow batteries are almost as reliable as diesel generators in providing resiliency, but won’t be competitive against lithium-ion unless cost reductions can be achieved with the scaling up of manufacturing and deployment.
Moving from today’s gas stations to their electrified equivalent can present a challenge so “dramatic” that in some cases, microgrids may be the only viable solution, a representative of Schneider Electric has said.
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
Arkansas, currently ranked 31st among US states for solar deployment, will get a solar-plus-storage plant with 100MW of photovoltaic generation and 10MW / 30MWh of battery storage after regulator Arkansas Public Service Commission approved the project.
Solar-plus-storage projects on France’s overseas territories are on course to add around 200MWh to global battery storage deployment figures, with the latest power plant just completed by independent renewable energy producer Albioma.
A design consultancy service contract for a 1200MW pumped hydro energy storage project, paired with solar and wind energy and under development by independent power producer (IPP) Greenko has been awarded to AFRY India.
An Ontario college will use a large-scale lithium-ion battery system from Wartsila to “minimise” its Global Adjustment Charge (GAC), the Canadian province’s means of paying for grid infrastructure as well as green energy policies that can constitute as much as 60% of monthly electricity bills.
Australian stock exchange-listed flow battery manufacturer Redflow has scored a second order for its devices from the Rural Connectivity Group, a New Zealand-based telecommunications company.
A solar and battery storage project combining 13.5MW of solar PV generation with 8MW / 8MWh of batteries in rural Alberta, Canada, has been approved by the local provincial regulator, the Alberta Utilities Commission.
