Germany has solar LCOE ranging from €0.041/kWh to €0.144/kWh
A new report rom Fraunhofer ISE shows that the cost of PV systems in Germany is currently between €700/kW and €2,000/kW. The study also shows that the levelized cost of energy of solar-plus-storage spans from €0.06/kWh to €0.225/kWh.
Assessing economic feasibility of liquid air energy storage
Researchers have conducted a techno-economic analysis to investigate the feasibility of a 10 MW-80 MWh liquid air energy storage system in the Chinese electricity market. Their assessment showed that a significant level of price volatility is currently a crucial factor for the commercial maturity of this storage technology.
Australian pumped hydro facility records highest generation in 40 years
Queensland electricity utility Cleanco has set a new quarterly generation record at its 570 MW Wivenhoe Power Station, which outshines all previous production milestones since the station opened in 1984.
‘Battery energy storage market in India is on the cusp of unprecedented growth’
The next five years will witness a transformative shift in India’s energy landscape, positioning the country as a global leader in energy storage innovation, says Saurabh Kumar, vice president-India, GEAPP (Global Energy Alliance for People and Planet), in an interview with pv magazine.
The Hydrogen Stream: 20 GW of electrolysis project reached final investment decision
The IEA published its yearly hydrogen analysis reporting that of the 520 GW announced electrolysis projects, 20 GW reached final investment decision, with China leading the way.
EU approves aid for 5.4 GWh storage rollout in Poland
The European Commission (EC) has authorized a €1.2 billion ($1.3 billion) Polish state aid scheme to support investment into electricity storage facilities.
Big-battery storage capacity could increase fivefold in Germany by 2026
Industry body the Bundesverband Solarwirtschaft (BSW-Solar) expects around 7 GWh of large-scale battery storage to be added during that period.
CleanCo pilots 1.5 MW sodium sulphur battery
Australian electricity generator CleanCo is piloting Australia’s largest grid-connected sodium sulphur battery at the Swanbank Clean Energy Hub project, 45 kilometres southwest of Brisbane.
Spain’s Acciona advances 2.4 GW of energy storage, 1.8 GW solar-wind hybridization
Acciona Energía has just launched its second hybrid wind-solar project in Spain, at Villalba del Rey and Tinajas. A new, 19.7 MWp solar field has been added to a 26 MW wind complex.
Batteries cheaper than new thermal plants for Brazil’s reserve grid capacity
Analyst Aurora Energy Research estimates battery storage systems cost 10% less than new combined cycle thermal power plants – and could be 29% cheaper. pv magazine spoke to Aurora’s Inês Gaspar about the figures.
