Australian utility AGL is now inviting tenders to procure battery storage which will help it meet climate and sustainability goals – but the company expects to be economically dependent on coal as well as gas for years to come.
As demand for lithium-ion batteries from the solar energy industry grows, high standards of manufacturing processes are as important as cell design and materials, representatives of PI Berlin have said.
Canadian Solar has highlighted the increasing importance of adding energy storage to PV projects and the “significant growth opportunities in the solar-plus-storage market” while reporting its latest quarterly financial results.
Combining energy storage with generation helps to unlock the core value of batteries and other storage, the US Energy Storage Association (ESA) has said, while data is now available on the status of installed and proposed utility-scale hybrid power plant projects throughout the country.
Peer-to-peer (P2P) energy trading using distributed battery storage in Japanese households could be a scalable business once prohibitive rules change in a couple of years’ time, a provider of renewable energy equipment in the country has said.
While energy storage is still a small part of their respective businesses overall, recent quarterly financial reports from US-based geothermal company Ormat and standby generator maker Generac emphasised expectations of market growth going forwards.
AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.
“Preventing a service event from becoming a catastrophic one,” is how Cadenza Innovation CEO Christina Lampe-Önnerud describes the way her company’s lithium-ion ‘Supercell’ battery architecture reacts to thermal runaway.
