ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
An examination, analysis and perspectives on the takeaways and highlights beyond the hype of Tesla’s latest and most ambitious plans yet, from market analysts, technologists and more.
Legislation to help the US economy invest in clean energy jobs and support innovation and industry passed the House of Representatives this week - and Energy Storage Association (ESA) CEO Kelly Speakes-Backman applauded the prominent inclusion of energy storage in the bill.
A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
The new edition of PV Tech Power – PV Tech Power 24 – is now available to download from the PV Tech Store.
A solar-plus-storage project in New York which has just been completed is the first community project of its type and should help lower electricity costs for participants by 10% for the next 25 years.
BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
New York Governor Andrew Cuomo said that a new recycling facility for lithium-ion batteries helps create quality jobs and support clean energy as the state “builds back stronger” from the COVID-19 crisis.
With the recognition that “battery technology holds the key” to a future of cleaner transport and flexible, resilient electricity grids, four key US government departments have jointly established a Federal Consortium for Advanced Batteries (FCAB).
Lithium has been added to a list of raw materials deemed essential to secure supply in Europe, for the first time ever, by the European Commission.
Some news in brief from around the world in energy storage.
An agreement to support the manufacture and sale of vanadium flow batteries has been struck between Australian Vanadium and Enerox, which makes and markets systems under its CellCube brand.
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players.
Guidelines for lithium-ion battery storage system decommissioning and recycling have been launched in the US by the national Energy Storage Association, while associations in European Union territories as well as the US have come together to launch an online information portal on the safe transportation.
A lithium-ion battery energy storage system (BESS) supplied by French manufacturer and system integrator Saft has enabled a gold mine in Australia to meet more than 50% of its energy demand with renewable energy.
AEG Power Solutions’ Convert SC Flex storage converters have been chosen for a smart grid project that will power sports facilities in the Hungarian city of Békéscsaba with green energy.