Rapid, far-reaching and unprecedented change is required to limit climate change to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) has warned.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
Charges of fraud levelled at Elon Musk after the Tesla CEO recently tweeted his desire to take the company into private ownership have resulted in a settlement with the US Securities and Exchange Commission (SEC) and an agreement that Musk will step down in his other role as chairman of the company’s board.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
Regulatory changes at the national level coupled with policy programmes in leading states will drive residential and commercial energy storage to new heights, according to various sources at this week’s Energy Storage International in California.
The opening address and a handful of sessions took place on Monday for SPI/ESI at Anaheim Convention Center, California. While the two shows are national and international, it is expected there will be a great deal of attention paid to the state’s SB100 bill.
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
