UK energy storage solutions provider Zenobe Energy is targeting an additional 500MWh of storage and 1,000 electric buses following a £150 million (US$198.94 million) investment the infrastructure equity investment arm of investment manager M&G.
The importance of software for the bankability of a project is growing, as the opportunities for energy storage around the United States continues to expand.
A tourism development in Saudi Arabia which will have its own international airport and hopes to attract over a million visitors each year will be 100% powered by renewable energy, with the help of a 1,000MWh battery storage facility.
With dozens of massive new lithium-ion battery factories planned or already under construction in Europe, Panasonic and Equinor are investigating the potential for a “green battery business” in Norway.
Although lithium-ion is currently the market leading battery technology in energy storage, this status cannot be guaranteed in perpetuity. Three leading figures from the lithium-ion battery industry give Andy Colthorpe their views on how the technology can continue to prosper.
Two UK-based firms, energy supplier OVO Energy and integrated home battery storage provider Social Energy, have expanded into international markets in Spain and in Australia respectively.
Work has begun on a 195.5MW solar farm in Georgia, US, colocated with 40MW / 80MWh of battery storage for RWE Renewables, subsidiary of Germany-headquartered multinational energy company RWE Group.
While lithium-ion continues to dominate big project announcements worldwide, three providers of long-duration non-lithium battery technologies have claimed various milestones in commercialisation.
Maxine Ghavi, head of grid edge solutions at Hitachi ABB Power Grids speaks to Energy-Storage.news about the role of battery storage in the global energy transition.
