The proposed merger between flow energy storage companies Avalon Battery and redT continues to progress, with the transaction set to be completed around the end of March 2020.
While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
In today’s episode, ESN’s Andy Colthorpe and Liam Stoker explore the way grids are changing in the Middle East to accommodate clean energy, the role virtual power plants are playing in Italy, and the contrasting role coal is playing in Germany and bush fire-stricken Australia.
A regulatory framework put in place by Italy’s grid operator TERNA has enabled Enel X to aggregate residential energy storage systems to pool their capabilities.
The Asian Development Bank (ADB) and the Environment Ministry of the Maldives have launched a plan to roll out solar–battery–diesel hybrids across 48 islands.
Solar Energy Corporation of India (SECI) has issued tenders for 1.2GW of wind and solar hybrid capacity as well as 4MW of floating PV with 2MW/1MWh of battery storage.
Storelectric CTO Mark Howitt puts forward the case for his company’s ‘innovative’ adiabatic compressed air energy storage, which he claims is a long duration technology complementary to other existing and advanced tech such as batteries.
