Hybrid renewables are playing a strategic role in accelerating the decarbonisation of power generation and supporting the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), as well as supporting the UK’s net zero by 2050 ambition and its interim emissions reduction of 78% by 2035. Consultant Peter Lo of ITPEnergised discusses the UK’s emergence into the hybrid energy sector and how it is better for our planet, better in the economics and better for offtake.
Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
Energy-Storage.news was delighted to host this webinar with consultancy Clean Horizon, where we look at the new ancillary service opportunity that could bring a much-needed revenue stream anchor to the European energy storage market.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
Construction has begun on a facility which will make electrolyte for vanadium flow batteries in South Africa’s Eastern Cape, by vertically-integrated vanadium producer Bushveld Minerals.
A joint venture (JV) partnership to develop and construct long-duration liquid air energy storage (LAES) projects at scale in Latin America has revealed plans for its first project.
This edition of our news in brief from around the world focuses on novel technologies promising several hours or more of competitively-priced energy storage.