India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
After a series of large-scale battery announcements in Australia from Federal and state governments, utility company AGL has followed up by saying it plans to build a battery system in South Australia with up to 1,000MWh of capacity.
Two large-scale pumped hydroelectric energy storage projects under development in the US have been acquired by fund management company Copenhagen Infrastructure Partners (CIP).
Developer Fotowatio Renewable Ventures (FRV) has unveiled the second utility-scale battery project in its “strategic plan to develop energy storage projects globally”.
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
A solar-plus-storage microgrid being deployed at an alloys mine in South Africa will feature a vanadium flow battery energy storage system, using locally sourced vanadium electrolyte.
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
A collaboration to study the potential for virtual power plants (VPPs) between Japanese electronics giant Toshiba and German aggregator and power trader Next Kraftwerke has led to the formation of a joint venture (JV) between the two.
