Energy Storage

EBRD looks to boost equity investments in Egypt

July 18, 2019 Anand Gupta

CAIRO : The European Bank for Reconstruction and Development (EBRD) expects to keep investments in Egypt at over 1 billion euros this year, boosting its equity portfolio through a delayed privatisation programme, its regional director said. The bank intends to participate in an expected share offering for state-run Alexandria Container and Cargo Handling Company, among […]

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Energy Storage

Approved: Georgia Power’s plan to own and operate 80MW of battery energy storage

July 17, 2019 Anand Gupta

Georgia Power is set to boost its state’s battery energy storage sector, with the company’s plan to own and operate 80MW of battery energy storage now approved by the Georgia Public Service Commission (PSC). Georgia Power’s 2019 Integrated Resource Plan (IRP) has been approved by the Georgia Public Service Commission (PSC), in a unanimous decision. […]

Energy Storage

Georgia set to be a leader in energy storage in the Southeast: Georgia Power to own and operate 80 MW of battery energy storage

July 17, 2019 Anand Gupta

Georgia Public Service Commission has unanimously approved Georgia Power’s 20-year plan to meet the state’s future energy needs, including battery energy storage, 72 percent more renewable generation by 2024, and environmental plans Company will continue to invest in diverse energy resources to deliver clean, safe, reliable energy at rates that are well below the national […]

Energy Storage

Europe Set to Race Past US in Battery Manufacturing

July 17, 2019 Anand Gupta

Europe’s battery manufacturing capacity is on the cusp of dramatic growth, though much of the investment and know-how are coming from Asian companies. A slew of recent announcements has left Europe poised to overtake North America in terms of battery manufacturing capacity by 2023, analyst figures show. Bloomberg New Energy Finance (BNEF) expects European nameplate […]

Energy Storage

WIND OF CHANGE – HOW THE RENEWABLE ENERGY REVOLUTION IS CREATING A LUCRATIVE OPPORTUNITY FOR BATTERY STORAGE IN SCOTLAND TO BALANCE THE GRID

July 15, 2019 Anand Gupta

We Scots are often guilty of failing to enunciate our Ts. If you ever hear us referring to a “bah-ery”, we’re talking about energy storage systems. So we may drop our Ts when pronouncing the word, but there’s one “T” that Scottish batteries have a prime opportunity to support: the transmission network of Great Britain. […]

Energy Storage

SVOLT Announces the World’s First NCMA and NMx Batteries and Starts Plans to Build Factory in Europe

July 15, 2019 Anand Gupta

BAODING, China & BEIJING: SVOLT Energy Technology Co. Ltd, a rising-star battery maker in China, celebrated the world premiere of cobalt-free lithium-ion battery cell (NMx) and four-element lithium-ion battery cell (NCMA). In view of the two major challenges the electric-vehicle battery (EVB) industry faces, safety and cost, SVOLT has provided two novel product solutions, steering […]

Energy Storage

CPS Energy seeking public input on Flexible Path solar, storage, gas plan

July 12, 2019 Anand Gupta

San Antonio-based CPS Energy is asking for public input into its new “Power BundleFlex” plan to incorporate solar, energy storage and natural gas into the future generation mix. CPS CEO Paula Gold-Williams announced the details Thursday as another step in the utility’s Flexible Path strategy aimed at implementing new power generation sources over the next […]

Energy Storage

Giant batteries and cheap solar power are shoving fossil fuels off the grid

July 12, 2019 Anand Gupta

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world’s largest batteries. It would provide 7% […]

Energy Storage

Why Long Island Could Become New York’s First Energy Storage Hot Spot

July 12, 2019 Anand Gupta

The region stands to benefit from storing renewable power, and $55 million of new incentives could get the market going. It can be hard to keep up with the steady drumbeat of energy storage policy updates emanating from the Northeast, and New York in particular, but last week’s announcement of $55 million allocated for Long […]

Energy Storage

Liquid-air storage offers cheapest route to 24-hour wind and solar

July 11, 2019 Anand Gupta

IN DEPTH | A wind-powered LAES system would already be a cheaper back-up for variable renewables than a gas peaker plant, and could be the game-changer the energy industry needs To wean the world off fossil fuels, we need to ensure that variable renewable energy can be stored and used to meet electricity demand at […]

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