By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Softbank Group’s SB Energy subsidiary is among investors that contributed to a successful US$30 million Series C funding round for ESS Inc, a US-headquartered manufacturer of iron flow batteries that use a proprietary saltwater electrolyte.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
Communities most likely to be affected by both the effects of and the response to devastating wildfires which have wreaked havoc on California will be given extra incentive to install solar-plus-storage at their properties.
Energy-Storage.news was delighted to be asked to moderate a session in which participants and pioneers of UK energy storage – and solar – gave their perspectives on everything from the right technologies and what they can do, how financiers view the market today, to how we can all join together to create a modern, clean and sustainable energy sector.
Officially inaugurated a few weeks ago in Slovenia, the first Tesla Powerpack installation in the Balkans took just a few months from April to August to construct, the company behind the project has said.
“No other policy in play right now” could be “more immediate or more impactful” than a ‘standalone’ Investment Tax Credit (ITC) in the US for energy storage, the CEO of the national Energy Storage Association has said.
Advanced battery technology company Saft has executed its first projects in Australia, installing around 2MWh of battery energy storage systems (BESS) at 13 sites in Queensland.
UK liquid air energy storage (LAES) start-up Highview Power said its first ever 250MWh ‘Cryobattery’ installation will be placed at the site of a decommissioned thermal power plant in the North of England and could be Europe’s largest ‘battery’ system when completed.
