The Asian Development Bank (ADB) has signed a loan deal for its first wind energy-plus-battery storage project in Thailand, which is also the country’s first private sector initiative to combine the two technologies at scale.
Following announcements from various manufacturers of deployments and partnerships in new territories, the latest wave of flow battery news includes an agreement that could put batteries in space for mission critical applications at the likes of NASA and the International Space Station.
‘Hybridising’ energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
While energy storage, like the electrification of transport, is often discussed as the ‘Next Big Thing’ for first world economies, this emerging technology is starting to play an important role in developing nations too.
State-run utility Electricity Generating Authority of Thailand (EGAT) is planning to facilitate 1GW of hybrid floating solar-hydro projects across eight dams throughout the country, while the national government is piloting large-scale battery energy storage.