“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
Microgrid and energy storage project technology provider ENGIE EPS has said it cannot commit to a 2020 earnings target, although 2019 revenues showed a 29% increase on the previous year.
With industry heavyweights eyeing up developments of solar-wind-storage projects, Liam Stoker uncovers what’s really driving hybrid power plants, and the regulatory and financing hurdles that must be surpassed to deliver them.
In the past couple of weeks, national and state government organisations in Australia have announced various stages of development for solar projects with a range of advanced and innovative storage solutions attached.
Installing and maintaining renewable energy resources can be viewed as an “essential service”, according to the California Solar + Storage Association (CALSSA).
In this article, experts at consultancy Apricum examine with some simple “reverse engineering” how recent low solar-plus-storage PPAs in the USA were achieved, yet another example of the competitiveness of energy storage and new market opportunities emerging via storage-plus-renewables projects.
While most conversation around energy storage focuses on batteries, a recent Solar Energy Corporation of India tender achieved the lowest tariffs for renewables with storage using a much more 'old-fashioned' technology, writes Kowtham raj VS of NITI Aayog.
We sat down with Vincent de Rul, Director of Energy Solutions at EDF, based in the UK, to discuss the long term opportunities that battery storage and related technologies represent for energy flexibility and the future of renewable energy.
With the complete shift to renewable energy on the grid as the intended outcome, NEXTracker’s CTO Alex Au sat down in conversation with Sunrun’s VP of energy services Audrey Lee about the best ways to do that. Part of Energy-Storage.news’ #SmartSolarStorage2020 series.
A special edition of the Energy-Storage.news ROUNDUP of news in brief
More than 14-fold increase is forecast to 2025, from 523MW recorded in 2019, with the “sharp scale-ups” both regionally and nationally to be driven primarily by a combination of “utility procurements and the accelerating residential market,”
Developers of two significant solar-plus-storage projects in the Australian state of New South Wales have been given the go-ahead, with only minor conditions added to their proposals.
Making energy affordable for all, even communities in Africa that have never had access to a reliable grid, need not be as daunting a task as it may sound, argues Dr Amrit Chandan, CEO of circular economy lithium-ion battery company Aceleron.
With Japanese companies keen to learn from their counterparts in deregulated energy markets such as the UK, the Japan Energy Challenge provided the ideal forum for exchanging ideas. Andy Colthorpe reports.
In this month’s episode of the Solar Media Podcast, Liam Stoker and Andy Colthorpe discuss how the clean energy economy is responding to the coronavirus, Andy reports back from PV Expo in Tokyo and Liam explores what the return of solar and other established renewables to the UK’s Contracts for Difference process means.
It has always been anticipated that by the early 2020s, the feed-in tariff would have tapered away in Japan’s booming solar market. Andy Colthorpe speaks with analyst Izumi Kaizuka at RTS Corporation to learn more about what the future holds for post-subsidy solar in Japan.
China’s energy storage industry entered a period of “rational adjustment” in 2019, as overall growth in new projects and capacity slowed down, yet deployed around 519.6MW/855MWh of new electrochemical energy storage capacity domestically.
US utility company Dominion Energy has started development of four large-scale battery storage plants totalling 16MW of output in the Commonwealth of Virginia.
Hydrogen and vehicle-to-grid (V2G) technologies are among those vying to be considered the next big innovation in energy storage, a panel of experts has concluded.
Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.
Mining giant Rio Tinto is to develop a large-scale solar-plus-storage system at an iron ore mine in Western Australia, continuing a trend of hybrid renewables-plus-storage projects in the region.
For Japan, the famous 4Ds of the energy transition - creating a distributed, decarbonised, decentralised and digitised grid - will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
As we move into a new decade, the question is whether the burgeoning US energy storage industry will be able to maintain its current path of rapid growth. All signs suggest that it will, argues Ricardo F. Rodriguez of Navigant Research.
Testing of Yotta’s microstorage units at CSUDH’s campus in Carson marks new mainstreaming attempt for hybrid technology others have tried to take to commercial viability in the past.
The projects developed through the state's solar-plus-storage incentive programme are set to produce 11.2MWdc of energy, backed by 10.2MWh of storage.
Investors are queuing "all the way down the street" but many require the first projects to be built before committing, Gridserve's chief investment officer Mark Henderson has said.
Engineering firm Eaton and storage company Enico launch a scalable, modular and fully integrated containerised energy storage solution.
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
French renewables company Voltalia has gained planning permission for a 40MW solar farm with battery storage in Dorset, England.
New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.