The US government’s Department of Energy (DoE) has described its just-published Energy Storage Grand Challenge Roadmap as its first comprehensive strategy on energy storage, identifying cost and performance targets to be met in the coming years.
Renewable energy marketplace creates a financial contract that “complements” existing power purchase agreements (PPAs) between corporations and developers.
In this final episode of the Solar Media Podcast for 2020, Liam Stoker and Andy Colthorpe reflect on the biggest stories of the year and gaze into their crystal balls for 2021.
The cost of Lithium-ion battery packs has fallen close to 90%, and rates lower than US$100/kWh have been reported for the first time, foreshadowing rapid declines across the energy storage market.
NREMC, a rural utility cooperative in Indiana, has just announced that it is deploying 108MWh of battery storage in a five-year project with energy storage technology and solutions provider FlexGen.
A 100MW battery storage facility in Co. Offaly in Ireland has this week been energised, having been developed as part of a partnership between local developer Lumcloon Energy and South Korea’s Hanwha Group.
The first of Spain’s new clean energy auctions is set to take place next month, in a pay-as-bid system that the government said “will be compatible with energy storage”.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
An agreement has been signed for a 100MW / 400MWh battery storage project in Queens, New York, by utility company Con Edison and Hanwha Group-affiliated renewable energy developer 174 Power Global.
