Portugal has now fired the starting pistol of a solar tender it had been forced to delay by the COVID-19 crisis, amid plans to declare the winners by the end of the summer.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
Microgrid and energy storage project technology provider ENGIE EPS has said it cannot commit to a 2020 earnings target, although 2019 revenues showed a 29% increase on the previous year.
The US state of Iowa got its first grid-scale solar-plus-storage system at the beginning of this year, and this has already been followed by the completion of another, larger battery project in the US state this week.
Britain’s government is seeking to remove a significant hurdle for utility-scale co-located storage sites, enabling projects with combined capacities in excess of 50MW to proceed without requiring government consent.
Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
Electricity and heat generator and retailer Vattenfall is developing a third party model for energy storage deployment, which will see the Swedish firm deploy batteries alongside UK solar farms.
The UK and Ireland subsidiary of the Virginia-headquartered AES Corporation has signed an agreement with a Northern Irish government agency to build a 100MW battery storage array.
