On 22 May, GoodWe hosted the opening ceremony for the phase II of Guangde manufacturing base. GoodWe CEO & founder Daniel Huang, and the Board of Directors and Shareholders laid the foundation stone to mark the beginning of the project. Since GoodWe’s stock listing in 2020, investor capital has propelled the company into a new […]
Rolls-Royce to Invest £80M in Electric Aircraft Energy Storage Development
Rolls-Royce is planning an £80 million investment over the next decade into the development of energy storage systems (ESS) that will enable electric aircraft to fly over 100 miles (160 kilometers) on a single charge. “We are developing a portfolio of energy storage solutions to complement our electrical propulsion systems,” commented Rob Watson, Director of […]
Manufacturer Reveals Involvement in World’s Biggest Battery Energy Storage System So Far
LG Energy Solution has said that it was the supplier of battery storage systems and equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California. Moss Landing Energy Storage Facility has the world’s largest battery energy storage system (BESS) with 300MW / 1,200MWh of lithium-ion batteries. It began operations in December last year, […]
TÜV Rheinland Awards Energy Storage Systems Certifications to Huawei, Pylontech
Two Chinese energy storage companies have been awarded top-class certifications for safety and technical requirements from TÜV Rheinland, with award ceremonies held earlier this month. Electronics manufacturer Huawei received 2PfG 2511 and VDE-AR-E 2510-50 for its smart string energy storage systems (ESS) for residential use in the German market, while the battery cells of integrated […]
SimpliPhi Initiative Supports Clean Energy Projects in Haiti, Myanmar
An orphanage in Haiti and a Covid response center in Myanmar will receive energy storage systems through a SimpliPhi Power donation program that aims to provide clean energy to communities in need. The donations are through “IDEA: a campaign to Deliver Energy Access,” an initiative SimpliPhi Power started in January with several partners. The energy […]
Investor Confidence in Renewable Energy and Energy Storage Sectors Hits All-Time High
ACORE Releases $1T 2030 Campaign Progress Report and New Survey of Leading Financial Institutions and Developers WASHINGTON, D.C. : A new analysis released today by the American Council on Renewable Energy (ACORE) finds that confidence among both renewable energy investors and developers is at an all-time high. The report, Expectations for Renewable Energy Finance in […]
Highview Enlasa Developing 50MW/500MWh Liquid Air Energy Storage Facility in the Atacama Region of Chile
Latin America’s first cryogenic energy storage project to enable 24/7 baseload renewable energy SANTIAGO & LONDON : Highview Enlasa, the 50/50 joint venture between Highview Power, a global leader in long-duration energy storage solutions, and Energía Latina S.A.-Enlasa, the largest backup power generation provider in Chile, is pleased to announce that it is developing the […]
KEHUA TECH – Tapping the Value of Energy Storage With the Goal of “Carbon Neutrality”
With China’s goal of carbon neutrality becoming clearer and more defined, the contradiction between the randomness, volatility and large installed capacity with small power output of new energy, and our vision of making it the main energy source has become increasingly prominent. Chen Sixiong, president of Kehua Tech, believes: “Energy storage is the most effective […]
Wood Mackenzie: US Could be a 12 GWh Energy Storage Market in 2021
Nearly 12,000MWh of energy storage could be installed in the US during 2021 and the market will continue growing significantly over the next few years, according to research and analysis group Wood Mackenzie Power & Renewables. The forecast has been provided in Wood Mackenzie’s latest quarterly ‘US energy storage monitor’ report, which is published in […]
Largo Says Vanadium For Energy Storage Worth Twice as Much as For Steel Production at ‘Battery Day’
Using vanadium for battery electrolytes could be twice as profitable as supplying it for steel production, which is currently the major industrial use for the abundant metal, vanadium producer Largo Resources has said. Largo Resources has decided that the market for long-duration energy storage will be a high value opportunity and held a ‘Battery Day’ […]