In the last AleaSoft Energy Forecasting webinar, with the participation of Deloitte, the discussion highlighted how the reductions in battery costs and their hybridisation with renewable energies will be fundamental to increase the profitability of renewable energy projects. Analyses indicate that batteries, especially in hybrid systems, are starting to become profitable, opening the door to … Continue reading Towards the battery quinquennium: A catalyst for profitability in the renewable sector
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Celsia will put into operation the first battery system connected to a photovoltaic plant
In the next few weeks, the first photovoltaic energy storage system in Colombia with lithium, iron and phosphate batteries will begin to operate. It will be located at the Celsia Solar Palmira 2 plant.This storage system will allow for clean and renewable energy at night, when due to the absence of sunlight, plants of this … Continue reading Celsia will put into operation the first battery system connected to a photovoltaic plant
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Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
The Official State Gazette contains announcements for the month of September of 32 photovoltaic and hybrid wind and battery projects (BESS).Application for the declaration of public utility of the Maira Beta Group Photovoltaic Plant of 140.127 MW and its evacuation infrastructures, in the municipal terms of La Vid de Bureba, Berzosa de Bureba, Vileña, Grisaleña, … Continue reading Spain approves 2.56 GW for 32 photovoltaic and hybrid wind and battery projects (BESS) in September
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How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
PJM Interconnection (PJM), America’s largest electric grid operator with a service territory that spans 13 states and the District of Columbia, risks a shortfall of electricity within the next six years yet continues to apply processes that discourage the deployment of battery energy storage systems (BESS), according to a new Gabel Associates, Inc. report commissioned by the … Continue reading How PJM Can Reform Its Interconnection Processes to Expedite Battery Storage and Avoid Looming Electricity Shortfall
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NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
To bring new clean energy sources online across the United States and around the world, several questions need to be answered. Where are the best places to build out new generation like solar and wind farms? How can we get all that clean energy from its source to where it needs to be? What is … Continue reading NREL’s Research in Battery Energy Storage Is Helping Advance the Clean Energy Transition
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EU battery storage set for its moment in the sun with photovoltaics (PV)
By combining renewables with flexible, clean growth, the EU can benefit from abundant locally produced wind power and photovoltaic solar power, reduce dependence on imported fossil energy and avoid costs. This report analyses the system benefits of coupling renewables with clean flexibility, with a focus on the opportunity for pairing solar electricity generation and battery … Continue reading EU battery storage set for its moment in the sun with photovoltaics (PV)
Continue readingBiden-Harris Administration Announces Over $3 Billion to Support America’s Battery Manufacturing Sector, Create Over 12,000 Jobs, and Enhance National Security
Investing in America Agenda Will Generate $16 Billion in Total Investment to Onshore Critical Materials Like Lithium, Support Good-Paying Union Jobs Across the Battery Sector, and Enhance the Nation’s Economic Competitiveness. As part of the Biden-Harris Administration’s Investing in America agenda , the U.S. Department of Energy (DOE) today announced over $3 billion for 25 selected … Continue reading Biden-Harris Administration Announces Over $3 Billion to Support America’s Battery Manufacturing Sector, Create Over 12,000 Jobs, and Enhance National Security
Continue readingBattery Breakthrough Initiative open for consultation
Consultation has opened today on the Australian Government’s $523 million Battery Breakthrough Initiative, being delivered by the Australian Renewable Energy Agency (ARENA). Announced in the 2024-25 Federal Budget in May, the Battery Breakthrough Initiative aims to fund projects that enhance the development of Australia’s battery manufacturing capability to improve supply chain resilience and provide opportunities … Continue reading Battery Breakthrough Initiative open for consultation
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Iberdrola begins construction of a photovoltaic plant and a battery in Australia
Iberdrola Australia has announced that construction works are now underway at Broadsound Solar and Battery, the company’s first project in Queensland. The 376 MW Broadsound Solar Farm and 180MW (2hr) co-located Battery Energy Storage System (BESS), located at Clarke Creek, about 2 hours north-west from Rockhampton, will generate enough electricity to power 145,000 homes. The … Continue reading Iberdrola begins construction of a photovoltaic plant and a battery in Australia
Continue readingEnel Green Power Australia secures project financing for Quorn Park Photovoltaic Hybrid Project
Enel Green Power Australia (EGPA), a joint venture company co-owned by Enel Green Power and Inpex Corporation, is pleased to announce that construction of the Quorn Park Hybrid Project will commence in quarter three this year, having secured project financing. With investment value of over $190 million, the project will consist of the construction and … Continue reading Enel Green Power Australia secures project financing for Quorn Park Photovoltaic Hybrid Project
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RWE to build Australia’s first eight-hour battery for photovoltaics
The investment decision has been made for the 50+ megawatt/400 megawatt hour Limondale battery energy storage system adjacent to RWE’s Limondale solar PV farm. Tesla will supply its Megapack batteries for the project, with commissioning scheduled for late 2025. RWE will increase its global battery storage portfolio to 6 gigawatts by 2030. Leading global renewables … Continue reading RWE to build Australia’s first eight-hour battery for photovoltaics
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ACP Statement on 301 Tariffs for Battery Storage
The American Clean Power Association (ACP) released the following statement today from ACP CEO Jason Grumet after the Biden Administration’s decision on Section 301 tariffs related to lithium-ion batteries for energy storage: “Today’s decision recognizes the value of battery energy storage and its importance to the reliability of our electric grid. As energy demand grows, battery … Continue reading ACP Statement on 301 Tariffs for Battery Storage
Continue readingCero to include battery storage in its 370 MW photovoltaic plant in Greece
Macquarie’s subsidiary Cero Development Hellas received a green light for adding batteries with an overall capacity of 749 MWh to its project for a 370 MW photovoltaic plant in Central Greece. Renewable energy investors are increasingly turning to batteries to keep their solar power projects on track. As electricity consumption in Greece is stagnating and … Continue reading Cero to include battery storage in its 370 MW photovoltaic plant in Greece
Continue readingEndesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
The eight hectares that the facility will occupy will be capable of supplying more than three thousand homes and will be on the free land within the Barranco de Tirajana Power Plant.The eligible investment amounts to 11.5 million euros, of which 5.6 million correspond to the Next Generation funds of the European Union.The solar park … Continue reading Endesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant
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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts
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Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator … Continue reading Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024
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Ingeteam to supply its technology for the largest battery energy storage project in the world
Ingeteam has been selected by Grenergy as its technology partner for what will be the world’s largest battery storage facility when in operation. The Oasis de Atacama project, developed by Grenergy in the Chilean Atacama Desert, will be built in five phases, which combine photovoltaic generation with battery energy storage. Ingeteam will provide its power … Continue reading Ingeteam to supply its technology for the largest battery energy storage project in the world
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Key things to watch in electric vehicle (EV) & battery supply chain for 2024
As electric vehicle (EV) sales around the world continue to grow, China’s dominance in the market has sparked a global debate. “With two-thirds of China’s power batteries produced in 2023 being iron-based, Chinese cell producers have capitalised on their expertise in low-cost chemistry,” said Max Reid, principal analyst, electric vehicles & battery supply chain service … Continue reading Key things to watch in electric vehicle (EV) & battery supply chain for 2024
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Equinor’s first commercial battery storage asset begins operations
en| no Equinor’s first commercial battery storage asset begins operations 22 January 202408:00(CET) The Blandford Road battery storage asset in the UK has come into operation. The operational phase marks an important milestone in Equinor’s ambition of delivering flexible power solutions in the country. The 25 MW/ 50 MWh Blandford Road battery storage asset is … Continue reading Equinor’s first commercial battery storage asset begins operations
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Türkiye’s largest wind power plant to add battery storage
Aiming to lower balancing costs, Polat Enerji said it would integrate an energy storage system into its wind farm Soma, the largest in Turkey. It will be the first grid-scale battery facility in the country. Since giving priority in 2022 to wind and solar power projects that include energy storage with a matching capacity, Turkey … Continue reading Türkiye’s largest wind power plant to add battery storage
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