The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership. Taken from the pages of PV Tech Power Vol.19, the second part of this article […]
Energy Storage
Smart future for renewables: ees Europe lands in Germany this week
An annual highlight of the already-packed renewable energy industry calendar, Intersolar Europe brings tens of thousands of people to Munich each year to do business in the glorious Bavarian sunshine. Yet even there the sun occasionally fails to do its own business, which is a vaguely humorous way of saying that, by logical extension, the […]
What’s new in energy storage
Last year, the U.S. energy storage market nearly doubled, and it is expected to double again in 2019. In fact, the final quarter of 2018 broke the previous record for megawatt-hours deployed in a single quarter by 50%, according to a report from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Although […]
India becomes fastest-growing energy market in the world
The country’s investment in the energy sector grew at a rate of 12 per cent in 2018 — the highest growth rate as compared to any other country New Delhi: India has finally acquired the long-awaited tag of the fastest growing energy market in the world. The country’s investment in the energy sector grew at a rate of […]
Global energy storage boom gathering speed: report
Big solar, China and home-buyers incentives together heating market expected to be worth $8.4bn in 2025, says IHS Markit Utility-scale solar, China’s mushrooming renewables build-out and new residential incentives are combining to drive an increasingly bullish international energy storage market, according to new figures from IHS Markit, which suggest 4.3GW of grid-connected batteries will deployed […]
Storage is essential for California to achieve 100% green energy without blackouts
California’s law mandating 100% carbon-free electricity has a big hole in it. It fails to address energy storage. Batteries as well as other longer-duration energy storage solutions are absolutely essential for a reliable supply of electricity that relies largely on energy resources such as solar and wind, which are available only some of the time. […]
Shell’s industrial customers in Ontario to be offered Convergent’s BTM battery storage
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power. US-Canadian project developer Convergent has been involved in some of the Canadian province’s biggest energy storage projects to date, many of which […]
Shell Taps Convergent for Onsite Energy Storage Projects
Shell New Energies formed a joint venture with Convergent Energy and Power to install new industrial energy storage systems, starting with 21 MWh at two Shell Canada Products facilities in Ontario. The two companies say they intend to collaborate on future projects for customers within and beyond Shell’s affiliated portfolio. North American independent energy storage […]
‘Significant acceleration’ in grid-connected storage could see 4.3GW installed worldwide in 2019
While the behind-the-meter space grows rapidly, IHS Markit still expects utility-scale storage in key markets such as the US to also drive forward strongly. Image: Duke Energy. This year has already seen “significant acceleration” of activity in the global grid-connected energy storage market, with 4.3GW expected to be deployed this year, analysis firm IHS Markit […]
INNOVATION: Salt battery could help renewable energy use
Its silver pipes and vats contain a substance that Vattenfall, the plant’s operator, says could become a key ingredient for a fossil fuel-free future BERLIN: Amid the hum and heat of Berlin’s Reuter thermal power station stands a shining contraption that looks out of place in the decades-old machine hall. Its silver pipes and vats […]