Following the launch of Greensmith Energy’s new Gridsolv standardized storage solution, which integrates software helpers and standardized architecture for easy installation, pv magazine caught up with CEO John Jung to discuss the state of the storage market and the role of digital services.
The smart battery storage supplier has launched a 35 MWh cluster in Japan. This could grow to over 100 MWh within a year, says Moixa.
A much talked about concept, but the final step into market operationality has not been done – yet. Nissan, The Mobility House, and Enervie have joined forces to allow Nissan Leaf’s to provide frequency control to a distribution grid in Germany. The concept has received permission to pursue its plans, and for corporate customers it will be ready for adoption as of 2019.
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
According to the UNDP, a full economic evaluation of the costs and advantages of solar energy in the country is necessary, as Cambodia’s government is planning to expand its power system through coal and hydro.
The power supplier is cooperating with the University of Tokyo, Mitsubishi UFJ Bank and Unisys, testing how solar power can be traded between solar prosumers and electricity consumers, while conducting transactions using a blockchain platform.
The tipping point, where the world shifts from oil and gas to renewables, will be the year 2035, says Wood Mackenzie. This is when renewables and electric-based technologies converge, with around 20% of global power needs being met by solar or wind, and roughly 20% of miles traveled by cars, trucks, buses and bikes using electricity. Will the transition come soon enough, however?
The Munich-based company will receive up to €2 million for a large-scale storage facility in southern Germany. The system will consist of 52 lithium-ion car batteries –which are also used in the BMW i3 – and will be coupled with a wind farm.
Electrifying the global energy system with clean energy is the only way to reach the targets set by the Paris agreement on climate change and avoid the catastrophic scenarios outlined by the recent IPCC report. In an interview with pv magazine, Christian Breyer – Professor of Solar Economy at Finland’s Lappeenranta University of Technology – explains a 100% renewables model is not only technically feasible, but also the cheapest and safest option. With solar and storage at its core, the future energy system envisaged by Breyer and his team will not only stop coal, but also nuclear and fossil gas, while seeing solar reach a share of around 70% of power consumption by 2050. By that time, PV technology could cost a third of its current price.
For renewables to claim a more sizable share of the global energy mix, the adoption of energy storage would need to pick up pace and the rapidly increasing size of the EV fleet will offer a scalable way to ramp up such access, says Fitch Solutions.
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