Wood Mackenzie says that solar will account for 59% of new renewables between 2024 and 2033. China is expected to drive the growth, accounting for half of new solar deployment over the projected time period.
The battery development should monetise excess grid capacity and complement the 320 MW compressed air energy storage project developed by Groningen-based long duration energy storage specialist Corre Energy.
ERM says it has launched offshore trials to test its Dolphyn Hydrogen process, while Southern California Gas (SoCalGas) and Evoloh have completed a joint research project on electrolyzer manufacturing process and anion exchange membrane (AEM) electrolyzer tech.
The 100 MW/200 MWh energy storage project featuring lithium iron phosphate (LFP) solid-liquid hybrid cells was connected to the grid near Longquan, Zhejiang Province, China.
Australian zinc bromide flow battery specialist Redflow has struck a partnership with Queensland state-owned generation company Stanwell to work together on the development of a non-lithium long-duration battery energy storage solution for use in a 400 MWh project. Meanwhile, Toronto long duration energy storage specialist e-Zinc has secured $31 million which will go towards developement and completion of its pilot manufacturing facility in Mississauga, Ontario.
Researchers in Italy outlined a new model for estimating hydrogen production cost as a function of the plant’s component sizes. They tested both PV, wind, and hybrid production of hydrogen to determine the optimal size ratio for the 2030-2050 period. They also found that PV-powered hydrogen may currently achieve a levelized cost of hydrogen of €5.11/kg in Italy, with a PV ratio of 2.2.
Three pumped hydro projects that would deliver a combined 1,035 MW/9,480 MWh of dispatchable capacity are among six projects that have been declared critical, state-significant infrastructure by the New South Wales government in Australia.
Tesla says it has recorded a significant increase in energy storage deployment, officially reporting revenue for 9.4 GWh of deployed storage products in the second quarter of 2024.
The US Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has issued a Notice of Intent (NOI) to fund pilot-scale energy storage demonstration projects, focusing on non-lithium technologies, 10+ hour discharge systems, and stationary storage applications.
Germany has concluded a new renewables tender, securing 512 MW of capacity at an average price of €0.0833 ($0.089)/kWh.
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