The cost of battery energy storage has continued on its trajectory downwards and now stands at US$150 per megawatt-hour for battery storage with four hours’ discharge duration, making it more and more competitive with fossil fuels. Andy Colthorpe spoke to Tifenn Brandily, lead author of BloombergNEF’s latest LCOE report.
Solar Media’s Liam Stoker and Andy Colthorpe discuss the continuing effects of COVID-19 on worldwide power markets, reflecting on IEA forecasts for historic energy demand lows and what they mean for renewables.
A design consultancy service contract for a 1200MW pumped hydro energy storage project, paired with solar and wind energy and under development by independent power producer (IPP) Greenko has been awarded to AFRY India.
While the renewable energy industry has suffered significant blows such as loss of employment during the COVID-19 crisis, venture capital (VC) funding into the battery energy storage sector in the first quarter of this year nonetheless saw a significant increase over the previous year’s equivalent period.
Mini-grids offer a quick route to electrification in parts of the world where grid extensions are unfeasible. Baptiste Possémé looks at the some of the technological and regulatory trends influencing the deployment of mini-grids in Africa and Asia.
What is thought to be the world’s largest ‘single-stack’ green hydrogen electrolyser, a 10MW project in Fukushima, Japan, began operations on schedule in March, provider Asahi Kasei has said.
Energy storage manufacturing giant CATL has partnered with Shenzhen KSTAR Science & Technology to construct a new lithium-ion battery manufacturing facility Fujian, China.
Targeting a national economic goal in mind of making hydrogen competitive with natural gas, Australia’s government has put AU$70 million (US$44.3 million) into a “deployment funding round” for renewable hydrogen.
Powin Energy has launched a set of three battery storage system products using CATL’s large form factor lithium-ion cells, including a system solution capable of 4+ hour duration and backed by a 20-year warranty.
