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Energy Storage

Australia election: What can solar expect under Morrison’s coalition?

As India awaits the results of the world’s largest democratic election on Thursday, and the EU begins to go to the polls on the same day, pv magazine Australia considers the “miracle” victory by a right-wing Liberal-National coalition in Australia at the weekend, and finds the nation’s solar sector has little reason to rejoice.

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Enertrag, Enel and Leclanche commission 22 MW storage project in Germany

The companies have invested €17 million in the project. The energy stored, in the Brandenburg project, will be used to stabilize the grid and minimize the curtailment of wind farms.

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SEIA’s solar+ plan falls short on ambition

The Solar Energy Industries Association’s “ambitious goal” of solar supplying 20% of U.S. electricity in 2030 looks more like a forecast, and vision for rapid decarbonization is coming from the climate movement and the American Left, not SEIA.

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ABB, Evolvere jointly launch blockchain energy pilot

The Swiss power group and Italian utility Evolvere have started a blockchain pilot project designed to facilitate transparent, secure peer-to-peer energy trading.

Public consultation opens for 11 GW renewables hub in Australia

The Western Australian Environmental Protection Authority is seeking public input on the massive Asian Renewable Energy Hub proposed for the country’s Pilbara region.

EVs may account for more than half of global car sales by 2040: BNEF

Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.

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Pumped hydro with better financing can compete with batteries

Pumped hydro storage is highly cost competitive for large-scale energy storage, according to a report published by the San Diego County Water Authority. The report models a pumped hydro project as securing better financing terms than battery storage.

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Vanadium-flow batteries set for grid-scale project in Australia

Canadian company CellCube Energy Storage Systems and Pangea Energy have signalled their intention to install a 50 MW/200 MWh energy storage system in Port Augusta, South Australia.

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PV+storage opportunity looms in Asia-Pacific region: WoodMac

Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.

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Moixa secures $11.1m in Honda-led funding round

Moixa has wrapped up an £8.6 million funding round led by Honda. The U.K. smart battery specialist will use the funds to finance the global expansion of its business managing residential battery systems, electric vehicles and smart charging facilities, as well as the aggregation of battery capacity for grid services.

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