A solar-plus-storage project in New York which has just been completed is the first community project of its type and should help lower electricity costs for participants by 10% for the next 25 years.
Hawaiian Electric has submitted eight contracts representing nearly 300MW of solar energy generation and about 2,000MWh of energy storage to be built on the islands of O’ahu and Maui.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
The auction was the first of its kind in Portugal that invited companies to lodge bids with a storage component included, with eight of the 12 batches awarded to solar-plus-storage projects.
A lithium-ion battery energy storage system (BESS) supplied by French manufacturer and system integrator Saft has enabled a gold mine in Australia to meet more than 50% of its energy demand with renewable energy.
US wholesale electricity supplier NextEra Energy Resources has said 700MW of contracted battery energy storage resources it will deploy in California within two years could be followed by a further 2,000MW pipeline of battery projects under development in the state.
The UK’s first DC-coupled battery energy storage system is under development in a collaboration between GE Renewable Energy and engineering company Wykes.
