Energy solutions company Alfen has seen its quarterly revenue climb across all three of its business lines, with its energy storage arm seeing revenues increase by 144% against the first quarter of 2019.
There are 1.3GW of read-to-build battery storage projects in the UK, with the majority between 30MW and 49.9MW power output per project, according to new analysis from Solar Media Market Research.
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.
Fluence has been able to keep working on “all but two or three” of 73 utility-scale battery projects, with battery energy storage increasingly considered an essential part of grid infrastructure in many parts of the world.
Portugal plans to kickstart next month the solar tender it had postponed as the country began its campaign to contain the COVID-19 emergency, the government has confirmed.
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.
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
Two commercial battery energy storage systems owned by a family-owned wholesale food business in the UK have been used by aggregator Flexitricity to trade in the Balancing Mechanism (BM)
Solar-plus-storage projects on France’s overseas territories are on course to add around 200MWh to global battery storage deployment figures, with the latest power plant just completed by independent renewable energy producer Albioma.
