U.S. Grid-Scale Storage Grows 84%, Residential Storage 48%
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.
Energy Storage System
Solarwatt Shutting Down Battery Storage Production in Germany & More From VINCI, MYTILINEOS, Ingeteam, Fraunhofer ISE
Solarwatt stops German battery production; VINCI invests in Helios; MYTILINEOS’s Irish PPA; Ingeteam’s Spain contract; Fraunhofer TOPCon efficiency.
Australian Miner Energizes 95 MW Offgrid Wind-Solar-Storage Plant
Australian miner Liontown Resources has flicked the switch on one of the largest off-grid renewable energy hybrid power stations in Australia.
U.S. Commercial Real Estate To Host VPP-Connected Flywheels and Batteries
US-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.
Hive Energy Secures Grid Connection Permit for 215.6 MW of Solar Projects in Serbia
UK’s Hive Energy said the projects will feature battery energy storage systems that equate to 10% of the overall solar capacity.
Recurrent Energy Secures €1.3 Billion Financing for European Project Pipeline
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
Skylab Australia’s 800 MW AC Punchs Creek Solar Farm With 250 MW BESS Secures Green Signal
Australia approves a 960 MW DC/800 MW AC solar plant with a 250 MW battery in Queensland, aiming for 80% renewable energy by 2035.
Residential Heat Pumps Linked to Solar-Plus-Storage Achieve Higher Seasonal Performance Factor
Researchers at Germany’s Frauhofer ISE have analyzed the performance of a residential heat pump connected to a rooftop PV system relying on battery storage and have found that this combination significantly improves the performance of the heat pump while also increasing considerably the solar array’s self-consumption rate.
EU Approves €1 Billion Greek Scheme for Over 800 MW Large-Scale Solar & Storage Facilities
Greece to invest €1 billion for 813 MW solar PV with storage, benefiting Faethon Project and 309 MW parks, aiming for mid-2025 operation.
US Government Funds Pilot Project for Heated Sand Energy Storage
The US Department of Energy is funding a pilot project to demonstrate the commercial viability of storing energy in heated sand, which is capable of producing 135 MW of power for five days.
US Energy Storage Sector Booming, Says Wood Mackenzie
Lower costs, better supply chains and steady demand are driving an energy storage boom in the United States, according to a new report from Wood Mackenzie.
How Battery Storage is Revolutionizing Our Energy Use
Learn how innovations in battery storage technology are transforming how we generate, manage, and consume energy. Read on for the top storage solutions.
Masdar Expands US Presence With Terra-Gen Stake & More From EDPR NA, SRP, MPSC, Eagle Creek, Chart
Masdar expands in US.Microsoft partners EDPR NA.SRP, NextEra commission 260 MW solar/storage in Arizona. MPSC denies Consumers Energy biomass contract termination. Eagle Creek buys Lightstar. Chart Industries aids California green hydrogen plant.
CPIA Forecasts up to 220 GW AC New PV Additions in 2024; Says Expect Survival of the Fittest
China’s PV installations to slow to 190-220 GW in 2024; global additions predicted at 390-430 GW by China Photovoltaic Industry Association.
Solar Wins Hundreds of Millions in US Capacity Payments
About 16.6 GW of solar projects have won $3.58/kW per month in the New England Independent System Operator’s (ISO-NE) 2027-28 capacity auction.