Tesla said that it more than doubled production volumes of grid-scale energy storage solution Megapack in the third quarter of 2020 as the company continues to ramp up production to “match unprecedented demand across the globe”.
Balancing the electricity supply system is not a simple task anywhere in the world, especially as more and more distributed energy resources come online. OpenADR can kick in, whenever the grid operator needs to reduce demand to keep the system stable. Aric Saunders of Electriq Power explains.
The federal government of Australia has given Major Project Status to the Asian Renewable Energy Hub, which it said will include “the world’s largest wind and solar electricity plant,” producing green hydrogen and ammonia.
Indiana’s solar capacity is set to surge in the next three years as the state’s second-biggest utility unveils plans to develop three large-scale PV projects, two of which will include battery storage.
Venture capital (VC) funding in battery storage companies in the third quarter of 2020 was up 78% on the previous quarter, while total corporate funding in the sector for the first nine months of the year rose by 62% compared to the same period in 2019.
A 50MW / 75MWh battery energy storage system (BESS) project in Western Sydney, Australia, will receive AU$21.5 million (US$15.35 million) in assistance from the federal and state governments towards its total cost of AU$61.9 million.
The first phase of a 1,000MW behind-the-meter virtual power plant (VPP) is expected to begin deployment in Australia as soon as the state of Victoria’s COVID-19 lockdown is over.
The latest annually-published figures from financial advisory and asset management firm Lazard show that the on the levelised cost of energy storage (LCOS) continues to fall, with solar-plus-storage becoming increasingly price competitive.
Following our recent webinar on ultra-capacitors and the role they could play in the energy transition, Johan Söderbom, EIT InnoEnergy’s thematic leader for energy storage and smart grids, explains the deepening connection between wind power and ultra-caps.
The specific cell chemistry chosen by rechargeable lithium-ion battery manufacturers and suppliers may be the “most visible” characteristic of their devices, but is only one of five primary factors influencing battery performance.
