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.
The German government has awarded a €310 million ($336 million) funding package to chemical manufacturer BASF for the construction of an industrial heat pump with a capacity of up to 500,000 metric tons of steam per year. It will use waste heat from steam crackers for CO2-free stream production.
China’s Hithium has joined hands with a local partner to establish a 5 GWh production facility in Saudi Arabia. It has also unveiled its specialized energy storage solutions tailored for desert applications.
The Golden State recently signed AB 2661, granting the Westland Water District authority to develop transmission lines that will enable solar energy and storage projects on 130,000 acres of drainage-impaired farmland.
An implementation agreement is in place between Serbia’s Ministry of Mining and Energy, utility company Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables for six new solar plants totalling 1 GW. Up to 200 MW of battery storage will be developed across the sites.
The battery industry is experiencing a seismic shift with advancements in prismatic cell technology, led by companies like Cornex, which promise to reshape energy storage solutions.
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