Larsen & Toubro (L&T) has secured a contract to build a 185 MW grid-connected solar project and a 254 MWh battery energy storage system (BESS) in Bihar, India.
Australia’s first national Capacity Investment Scheme auction has been inundated with expressions of interest, with the federal government revealing that investors have tabled 40 GW of new renewable energy generation projects such as wind and solar.
Large battery storage systems are taking on an increasing number of tasks in the German grid, meaning that the volume and speed of transactions can no longer be managed without computers. As a result, traders are working on algorithms to fully automate transactions.
With a budget of €120 million, the largest such project in Europe would generate renewable energy through a PPA for shared self-consumption.
In an interview with pv magazine, Linda Kalcher, executive director at European think tank Strategic Perspectives, described the possible consequences of the recent EU elections on the continent’s energy landscape. “Investors and businesses need security and predictability to thrive,” she said. “If cleantech is not manufactured here, the jobs and investments go to the US and China and a deindustrialisation looms. This cannot be in the interest of any politician,”
While a team of Russian researchers proposed a novel approach to produce hydrogen directly in gas wells, Plug Power and CPH2 secure certification for the hydrogen systems.
Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.
Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo’s deep learning simulations suggest changes in energy prices as installed battery capacity increases.
Plans to build a 5 GW/120 GWh pumped hydro energy storage system in Queensland’s Pioneer Valley have received a positive boost with geotechnical investigations revealing the site is ideally suited for dam and tunnel construction.
Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage in the USA, while commercial and industrial storage slowed.
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