One to four hours of battery storage for a solar power facility can significantly increase site revenue in areas with high population density or abundant solar energy. However, the added value diminishes with storage capacities exceeding four hours.
The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027. The rapid expansion will lead to cell price declines, reaching CNY 0.6-0.7/Wh ($0,084-$0,098) level by 2035.
State Grid Turpan Power Supply Co. says it has completed the first phase of a 1 GW hybrid solar-thermal energy storage project in western China. It is set to generate more than 2,000 GWh per year.
Morocco and TE H2 have agreed to reserve land for the Chbika hydrogen project in Morocco. They aim to build 1 GW of solar and wind capacity to annually produce 200,000 tons of green ammonia for the European market.
Researchers in Canada have created an experimental workbench for aboveground compressed air energy storage. Experimental data calibration reportedly ensured model accuracy with a mean absolute percentage error below 4.0%.
Statkraft says it is progressing with its 200 MW electrolysis plant in Germany, while Neste says it will not invest in its 120 MW electrolyzer project in Finland.
The volume of large-scale battery energy storage projects under construction in Australia passed that of solar and wind projects combined in 2023 and the trend has intensified this year, with batteries attracting federal support. As coal-fired power plants are shuttered, developers and suppliers are enjoying a battery bonanza.
The energy density of the newly developed lithium-sulfur prototype far exceeds the one of common lithium -ion batteries.
Repsol has told pv magazine that it has frozen 90% of Spain’s hydrogen projects nearing final investment decisions, while Statkraft has confirmed that it has revised its plans for its hydrogen project in Norway.
US researchers have started studying hydrogen formation in the Midcontinent Rift in the United States, while Dutch scientists have discovered that hydrogen emissions from industrial complexes are higher than previously estimated.
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