The global Energy Storage Systems Market is expected to exceed more than US$ 1 Billion by 2025 in the given forecast period. The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the Global market. Key players profiled in the report LG Chem, Ltd, ABB Ltd, […]
Energy Storage
’World’s first long-term battery insurance’ service launches from Munich Re
Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer. One of the insurer’s management board, Peter Röder, described the ability to insure battery performance as a missing “key piece of the puzzle in decarbonising […]
India’s latest ‘big step’: 200MW / 300MWh of solar-plus-storage up for tender
India has released another significant solar-plus-storage tender – this time in the southern state of Andhra Pradesh. Solar Energy Corporation of India (SECI) invited bids for 200MW of grid-connected solar projects to be combined with 300MWh of battery energy storage. This will include two separate 100MW PV projects, each with 150MWh of batteries at the […]
India seeks Saudi investment in strategic oil storage, rescue plan for refinery project
The official statement said: “Saudi Arabia’s participation in Indian Strategic Petroleum Reserve (SPR) program was also discussed.” NEW DELHI: India has invited Saudi Arabia to invest in its strategic oil storage even as it looks to resurrect a USD 44 billion (Rs 3.08 lakh crore) refinery project with the world’s largest oil producer after the […]
Energy storage systems big enough to supply the national grid
In order to stay reliable, the national grid needs large energy storage systems that use ‘consistent’ sources of energy. Both wind turbines and solar power are great for consumers, and the environment. But because of their intermittent nature, they need to be backed up by battery storage. And although we think of batteries as those little cylinders we buy […]
Xcel Energy work to meet 100 percent clean energy goal
MINNEAPOLIS: As states, cities and towns set goals for 100 percent renewable energy, critics question whether it can actually be done, and done cost-effectively. In Colorado, Xcel Energy said its recently announced goal of 80 percent reduction in carbon emissions by 2030 can be achieved with existing technology. Costs of renewables have declined, weather forecasts […]
ALYI Targets $100 Billion in Anticipated Investment Announcing New York Licensed Hemp Energy Storage Research Facility
DALLAS, Texas: Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced a license in the State of New York to grow hemp. The company has secured acreage in New York to grow and house the facility where hemp bast will be harvested for conducting further research within in the company’s hemp energy storage imitative. ALYI launched […]
Intersolar, EES and Power2drive NA Acquired by Diversified Communications
Solar Promotion International GmbH and FMMI GmbH announced today that three of the company’s North American events – Intersolar, ees (electrical energy storage) and Power2Drive North America – will be acquired by Maine-based international media company Diversified Communications. Solar Promotion International and FMMI also announced that the next Intersolar, ees and Power2Drive North America events, […]
DNV GL Deems Maltese Offshore Energy Storage System Feasible
DNV GL has awarded the University of Malta’s new offshore energy storage system with a Statement of Feasibility certificate. Before the allocation, the Floating Liquid-piston Accumulator using Seawater under Compression (FLASC) concept underwent a high-level study, including an assessment of technical and commercial feasibility. According to DNV GL, the certificate confirms the technology to be […]
Five things we learned from Energy Storage Summit 2019
Last week’s Energy Storage Summit 2019 saw the great and the good of Europe’s energy storage sector gather at London’s Victoria Plaza for two days of discussion, debate and networking. The Energy-Storage.News, Solar Power Portal and Current± editorial teams were present throughout the event, highlighting give key themes that emerged at a crucial time for the storage sector. Deepening […]