“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
When lithium-ion’s dominance of the energy storage market begins to wane, redox flow batteries are well positioned as a strong competitor, emerging technology market research and business intelligence group IDTechEx has said.
With industry heavyweights eyeing up developments of solar-wind-storage projects, Liam Stoker uncovers what’s really driving hybrid power plants, and the regulatory and financing hurdles that must be surpassed to deliver them.
In the past couple of weeks, national and state government organisations in Australia have announced various stages of development for solar projects with a range of advanced and innovative storage solutions attached.
Blockchain technology and a digital trading platform enables sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.
While most conversation around energy storage focuses on batteries, a recent Solar Energy Corporation of India tender achieved the lowest tariffs for renewables with storage using a much more ‘old-fashioned’ technology, writes Kowtham raj VS of NITI Aayog.
Controlled Thermal Resources and Lilac Solutions are creating facilities for lithium extraction and chemical processing at a geothermal plant at Imperial Valley’s shallow, saline Salton Sea.
An electric vehicle-to-grid (V2G) charging system, which allows for bi-directional flows of power from US maker Fermata Energy has become the first to receive certification under a new standard introduced by UL.
With the complete shift to renewable energy on the grid as the intended outcome, NEXTracker’s CTO Alex Au sat down in conversation with Sunrun’s VP of energy services Audrey Lee about the best ways to do that. Part of Energy-Storage.news’ #SmartSolarStorage2020 series.
