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Utility Scale Storage

India’s GUVNL allocates 1 GWh of battery storage at $2,670/MWh/month

HG Infra Engineering, Bhilwara Energy, Kintech Synergy, and Advait Infratech were successful in a standalone battery energy storage tender held by utility Gujarat Urja Vikas Nigam Ltd (GUVNL).

BVES Investor Summit: ‘Making money with BESS is easier than ever’

The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.

The Hydrogen Stream: new model and repository for accurate pre-feasibility studies

European researchers have told pv magazine that hydrogen production costs are often underestimated in prefeasibility studies, while the South Korean authorities have reported a rise in deals for large-scale hydrogen consumption projects.

World’s largest CO2-based seawater heat pump goes online

German engine manufacturer MAN Energy Solutions’ CO2-based seawater heat pump, located in the Danish port city of Esbjerg, has started operation. The facility, with a total heating capacity of 70 MW, will provide climate-neutral heat to Esbjerg and neighbouring town Varde.

Air Energy launches to bring solid-state lithium-air batteries closer to commercialization

While some may call it a fairytale chemistry, solid-state lithium-air battery (SS-LAB) technology is now a step closer to commercial reality with the foundation of Air Energy. The startup has set out to scale the application of this promising technology over the next five years.

Bulgaria allocates 3 GW of renewables capacity, 1.17 GW of storage in auction

The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country’s latest procurement exercise.

New sodium-ion developments from CATL, BYD, Huawei

Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.

Italy adds 1.74 GW during Jan-Oct, reaches record 12 GWh of energy storage

From January to the end of October 2024, Italy added 1.74 GW of storage system projects.

German researchers investigate molecular solar thermal energy storage

A four-year research project by several German universities is exploring the release of molecules involved in molecular solar thermal (MOST) energy storage. They plan to modify the molecules to achieve the best possible properties for the storage technology.

BESS are becoming more attractive

As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.

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