Mining giant Rio Tinto is to develop a large-scale solar-plus-storage system at an iron ore mine in Western Australia, continuing a trend of hybrid renewables-plus-storage projects in the region.
For Japan, the famous 4Ds of the energy transition – creating a distributed, decarbonised, decentralised and digitised grid – will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
As we move into a new decade, the question is whether the burgeoning US energy storage industry will be able to maintain its current path of rapid growth. All signs suggest that it will, argues Ricardo F. Rodriguez of Navigant Research.
Testing of Yotta’s microstorage units at CSUDH’s campus in Carson marks new mainstreaming attempt for hybrid technology others have tried to take to commercial viability in the past.
Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.
