Foxwell Power, an operator of a renewable energy trading platform, has signed with three banks for a syndicated loan of NT$1.75 billion (US$55.1 million) for funding construction of an energy storage system in Yilan County, northeastern Taiwan, according to the company. The energy storage system has installation capacity of 50MW, the largest among energy storage […]
Energy Storage
Electric Vehicles Are Creating A Fast Lane For Battery Energy Storage Systems – EQ Mag Pro
The zero-emissions electrical grid of the future will require a lot more renewable energy production. And once that energy is produced, it will need to go somewhere – or go to waste. That’s where batteries come in. In California, the forefront of renewable energy adoption, battery power now makes up 6% of the state’s maximum […]
The Inflation Reduction Act will turbocharge energy storage – EQ Mag Pro
According to the American Clean Power Association, the United States needs to build 100 gigawatts (GW) of energy storage by 2030 to meet its climate goals, but only 3 GW have been built to date. The industry has long advocated for stronger policy support to make this goal a reality. Now it’s finally here. The […]
Up To 6kW, 79kWh: BLUETTI Unveiled Modular Energy Storage System EP600 & B500 At IFA 2022 – EQ Mag Pro
The portable power station star player just stepped up his game, big time. BLUETTI showed off its latest innovations at IFA, Berlin, including the AC500+B300S combo, AC200 series, and most importantly, the long-rumored solar system-EP600+B500, which is a three-phase system that features a 6kW inverter and maximum 79kWh LFP battery capacity. It may be overwhelming […]
Battery energy storage: the importance of energy management software – EQ Mag Pro
Historically, general purpose control solutions were implemented using technology called ‘Programable Logic Controllers’ or PLC’s which in the late 1960’s replaced the electro-mechanical control solutions of the past. These solutions allow a control solution to be ‘developed’ by programming experts using technology like ladder logic to develop applications in various industries, from power industry applications […]
Renewables: What’s Next in Energy Storage Systems? – EQ Mag Pro
Power design industry experts chart megatrends for storage of electricity from renewable sources. While more than a billion people on the planet don’t have access to a power grid, we are witnessing a growing pervasiveness of small solar systems in which a solar panel and a battery are connected to constitute a system along with […]
Renewables and storage are better together – EQ Mag Pro
The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with clean, dispatchable, and reliable power. According to IHS Markit, the share of co-located onshore wind, solar, and energy storage is projected to increase from 14% in 2021 to 35% by 2030 across […]
CATL to supply 10GWh of energy storage to FlexGen – EQ Mag Pro
CATL to supply 10GWh of energy storage to FlexGen Contemporary Amperex Technology (CATL) has executed an agreement with FlexGen Power Systems to supply 10GWh of CATL’s energy storage equipment over a three year period. CATL will supply EnerC, a containerized liquid-cooling battery system. EnerC features IP55 and C5 anti-corrosion protection, for ensuring reliable operation of […]
SMA to showcase its Technological Innovations for Energy storage with Grid Forming Capability at Renewable Energy India Expo 2022 – EQ Mag Pro
MUMBAI, India : SMA India, the subsidiary of SMA Solar Technology AG (SMA), a leading global provider of photovoltaic and storage systems, today announced its participation in Renewable Energy India Expo 2022 (REI) in Greater Noida, New Delhi. At the expo, SMA India will showcase a number of recent innovations, including the Sunny Central Storage […]
New European Union energy policy announcements could boost energy storage – EQ Mag Pro
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market. Energy was a prominent theme in Commissioner Ursula von der Leyen’s State of the Union Address on 14 September, and was preceded by a raft of proposed market […]