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within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
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).
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.
