The Asian Development Bank (ADB) has signed a loan deal for its first wind energy-plus-battery storage project in Thailand, which is also the country’s first private sector initiative to combine the two technologies at scale.
Despite a subdued year in 2019 and a challenging start to 2020 caused by the COVID-19 outbreak, the outlook for energy storage remains strong, says Julian Jansen of market research group IHS Markit, taking a deep dive across segments and geographies.
An auction for 700MW of grid energy capacity in Portugal is being configured to allow bids from solar and also solar-plus-storage projects to participate on a competitive basis, with guaranteed payments for energy storage co-located projects to use a capping mechanism in the event of ‘price spikes’.
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’.
New technologies and designs aimed at driving down the cost of energy storage facilities are currently the focus of intense industry R&D. Sara Verbruggen reports on DC coupling, an emerging system architecture that many believe will soon become the industry standard.
Energy-Storage.news spoke with Samir Succar, a director and DER analyst at consultancy group ICF, shortly after he spoke on a panel at Solar Power International / Energy Storage International in Utah.
After approving investment for the acceleration of energy storage deployment in developing countries to the tune of US$1 billion a few months ago, the World Bank has now approved a US$300 million loan to do the same in China.
Plans by ScottishPower Renewables to build a 50MW battery next to its Whitelee onshore wind farm have been approved by the Scottish government, with the developer hailing it as a “significant step” towards renewable energy providing the baseload for the grid.
A 10MW battery energy storage system (BESS), which will allow a 24MW wind farm to keep generating energy even in times of oversupply, officially went into service today near Rotterdam, the Netherlands.
