The Energy Storage Report 2024
Now available to download, covering deployments, technology, policy and finance in the energy storage market
A partnership to take on the micro-grid sector has been formed by battery maker Samsung SDI and ABB, the Swiss-headquartered power and automation specialist.
Solar power systems serving an oilfield in Qatar will be fitted with utility-scale energy storage batteries, helping to ensure the continuity of operations at 775 oil wells.
More than two-thirds of the population of sub-Saharan Africa (SSA) is still without electricity, with the figure rising to more than 85% in rural areas. Andrew Jones of S&C Electric looks at how energy storage could play a crucial role in realising the continent’s solar potential.
US renewable energy developer SunEdison is planning to power rural electrification and micro-grid projects in India with vanadium flow batteries, announcing that it plans to purchase 100 megawatt hours-plus from Imergy Power Systems.
Bosch looks likely to become the latest big name to participate in a government-funded micro-grid trial, with the company proposed to receive almost US$3 million from California’s energy policy planning agency.
Tokyo Electric Power Company (TEPCO), one of Japan’s major electric utility and transmission providers, will conduct a microgrid demonstration project on a remote Japanese island, incorporating solar, storage, wind and diesel.
Energy storage and microgrid software specialist Geli Energy and storage system maker Imergy Power Systems will collaborate on a California Energy Commission-funded microgrid project which could save a college district US$75,000 a year in energy bills.
EOS Energy Storage has placed an order totalling more than 1MW from NASDAQ-listed power converter specialist Ideal Power, while both companies have launched new products since the start of the year.
Investment bank Citigroup is predicting a 240GW global battery storage market worth US$400 billion by 2030 as increased deployment creates a “virtuous circle” of falling costs.
A 1MWh battery developed by US manufacturer Aquion Energy and installed at a private estate in Hawaii will allow the area’s residents to meet almost all of their electricity demand with power generated from a connected solar array.