VIDEO: Using solar and batteries to replace diesel and other fossil fuels at off-grid industrial sites is both a viable business model and a way to "inject" solar into the global energy mix in a smart – and economical way, MD Karim Wazni says.
Financing is being lined up for Chile to deliver a colossal solar-plus-storage installation in the Atacama desert, paving the way for construction to start next year.
China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.
NEC Energy Solutions, the distributed energy division of Japanese information tech company NEC, has commissioned a 2MW / 2MWh battery energy storage system in Chile.
News in brief from around the world of energy storage.
Lithium and sodium sulfur batteries will be used for the first time in new territories, after NEC ES and NGK inked deals to deliver projects to an island archipelago in Brazil and in Dubai respectively.
ESS Inc, US maker of the only flow battery that uses a battery chemistry based on iron and saltwater electrolytes, is making its first incursion into the Brazilian energy storage market.
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
Energy storage deployments in emerging markets could grow 40% annually over the next five years, from 2GW today to 80GW, but barriers include the lack of access to low-cost capital, a new report from the International Finance Corporation has found
Chilean authorities have received plans for an ambitious 600MW PV plant project which could be connected to a 300MW pumped hydro energy storage plant, from developer Valhalla Energy.