While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
Nevada utility NV Energy and Google are plotting a major solar-plus-storage facility outside of Las Vegas in a deal being billed as the largest battery-backed solar corporate agreement in the world.
Nevada utility NV Energy has secured approval from the state’s public utility commission for a solar-plus-storage push that could see 1,190MW of PV capacity installed in southern Nevada by January 2024 alongside 590MW of energy storage across three big projects.
NV Energy has unveiled ambitions for a solar-plus-storage boom over five years, cementing its position among the US players tapping into the increasingly cost-efficient hybrid.
While a recent study said 10GW of energy storage by 2030 would offer overall benefit to Nevada, NV Energy will move forward with an Integrated Resource Plan: 1,000MW of renewables including 100MW of storage – by 2021.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
Utility NV Energy has awarded contracts in the US state of Nevada for over 1,000MW of renewable energy projects – including a 420MW-dc solar farm – and has also requested approval for 100MW of energy storage.
NV Energy, the main electric utility for the US state of Nevada, has tendered for more than 300MW of renewable energy in a Request for Proposals that also includes consideration of battery energy storage paired with renewables.
Nevadan legislators have passed a number of bills to incentivise energy storage in the state for approval from governor Brian Sandoval.
Tesla’s second Master Plan will be mostly funded by sales of its vehicles, particularly the new electric vehicle, the Model 3, chief executive Elon Musk said during a soft launch of the enormous ‘Gigafactory’ in Nevada on Tuesday.
A gold exploration and mining company has agreed to purchase a potential site for excavating lithium in Nevada, citing the “great deal of attention” brought onto the state by Tesla’s decision to locate its mammoth manufacturing facility there.
Tesla’s much talked about Gigafactory should be up and running in 2017. PV Tech Storage spoke to analyst Dean Frankel of Lux Research about some of the details and talking points of the EV maker’s ambitious plan to hit ‘500,000 battery packs by 2020’.
Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, after company officials including chief executive officer Elon Musk appeared alongside the US state’s governor at a press conference held yesterday afternoon.
PV Tech Storage interviewed Bill Radvak of American Vanadium, whose company has a plan to scale up flow batteries for renewable energy integration, using its own vanadium deposits.