BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Combining floating PV with compressed air energy storage
Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficiency of 34.1% and an exergy efficiency of 41%.
Why battery energy storage is essential for Germany’s solar targets
While Germany’s battery energy storage sector is booming, developers should be aware of the various hurdles to overcome and could learn lessons from the United Kingdom battery market.
Inlyte reports zero loss over 700 cycles for its iron-sodium battery tech
The startup is targeting commercial demonstration projects in 2025 and large-scale U.S. manufacturing by early 2027.
The Hydrogen Stream: Optimal PV-to-electrolyzer ratio in Italy is 1.8-2.1
Italian researchers say hydrogen storage offers more supply-side flexibility than battery storage, while a German consortium has developed a global hydrogen potential atlas for sustainable production and trade.
Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability ranking keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
World’s largest vanadium redox flow project completed
Dalian-headquartered Rongke Power has completed the construction of the 175 MW/700 MWh vanadium flow battery project in China, growing its global fleet of utility-scale projects to more than 2 GWh.
Onsemi launches silicon carbide power integrated modules for utility-scale PV
US semiconductor supplier Onsemi has unveiled silicon carbide power-integrated modules for utility-scale PV systems. It says the new modules increase solar inverter power from 300 kW to 350 kW and weigh 245 grams.
Largest US solar and storage project wins regulatory approval
Sunstone Solar is a 1.2 GW solar, 1.2 GW battery energy storage project planned for eastern Oregon.
Major supercapacitor hybrid energy storage project comes online in China
The project adopts supercapacitor hybrid energy storage assisted frequency regulation technology, consisting of 60 sets of 3.35 MW/6.7 MWh battery energy storage systems and 1 set of 3 MW/6-minute supercapacitor energy storage system.
