Korean bank backs Guam’s largest solar project
The Export-Import Bank of Korea is investing in a 132 MW solar plus 325 MWh battery energy storage project in Guam, under development by a consortium of Korean developers.
PV redox flow battery with 4.2% solar-to-electricity conversion efficiency
Scientists in China have constructed and tested a device that uses redox couples paired with a single triple-junction amorphous-silicon photoelectrode. When tested under a xenon lamp simulating one sun, the device achieved an average solar-to-electricity conversion efficiency of 4.2%.
New York Power Authority renewables plan shows financial challenges for building solar
The levelized cost of building a solar project in New York far exceeds the expected revenue from selling solar power, says a NYPA plan, with project success potentially depending on the sale of renewable energy credits at a satisfactory price.
Solar and storage program forecast to save all Massachusetts ratepayers $313 million per year
Solar plus storage can also offer winter reliability improvements and limit gas consumption, finds a report from Synapse Energy Economics and the Solar Energy Industries Association.
Carmaker uses repurposed EV batteries to help power production plant
Repurposed electric vehicle batteries have been used for the energy storage component of a solar and battery project that is now helping power operations at carmaker Nissan Australia’s aluminium casting plant in Victoria.
Zambia opens solar-plus-storage tender
Zambia National Energy Corp. Ltd. (ZNEC) has launched a tender to deploy solar plants and battery energy storage systems (BESS) in the country’s 156 constituencies under a national electrification initiative.
Neoen begins construction of Tesla Megablock battery in Australia
Neoen Australia has launched construction of its third big battery in less than 90 days, helping accelerate Australia’s energy transition with 20 GW of utility-scale solar, wind, gas, batteries and pumped hydro now either commissioning or under construction.
The Hydrogen Stream: CMB.Tech secures China green ammonia offtake
CMB.Tech has secured an offtake agreement for renewable ammonia from CEEC Hydrogen Energy’s 800 MW wind-and-solar-powered project in China, while Germany’s Gascade Gastransport said it has converted about 400 km of gas pipelines to form a new hydrogen transport corridor.
BYD surpasses 1.5 million residential storage systems worldwide
BYD says global installations of its BatteryBox residential energy storage systems have increased by 500,000 since June 2024, lifting the total past 1.5 million worldwide.
Germany backs Moll Batterien sodium-ion battery plant with over €22 million
Moll Batterien has secured more than €22 million ($25.8 million) in public funding for a 1 GWh sodium-ion battery plant in Bavaria, part of a roughly €103 million investment scheduled to come online in 2026.
