In Short : Powin, a leading energy storage solutions provider, has announced a strategic partnership with Hitachi Energy to expand their presence in the energy storage market. This collaboration aims to leverage Powin’s expertise in energy storage systems and Hitachi Energy’s global reach and industry experience. In Detail : Leading energy storage solutions provider in […]
California Now Has A Little Over 6,600 MW Of Energy Storage – EQ
In Short : California has reached a significant milestone in its energy storage capacity, boasting over 6,600 megawatts (MW) of installed energy storage projects. This achievement highlights the state’s commitment to renewable energy integration and grid stability. With a diverse range of energy storage technologies, including batteries and other innovative solutions, California continues to lead […]
Backing Up the Power Grid With Green Methanol – EQ
A closed-loop storage-plus-power system stockpiles renewable energy wherever it’s needed It would be great if everyone could back up the intermittent power from wind and solar plants with energy stored as low-cost, zero-carbon hydrogen gas. But hydrogen can be hard to store. Last month, when the Royal Society advised the British government to start building […]
Closed-loop CO2-based energy-storage system slated for Wisconsin – EQ
Alliant Energy was recently selected to receive a $30-million grant from the U.S. Dept. of Energy’s Office of Clean Energy Demonstrations for a proposed 200-MWh energy storage system. Alliant Energy’s new battery system, known as the Columbia Energy Storage Project, would be the first-of-its-kind in the U.S. The Columbia Energy Storage Project would utilize an […]
A US executive suggests that India’s energy storage plans require subsidies to incentivize adoption – EQ
In Short : A US executive has stated that India’s energy storage plans require subsidies to be effective. This viewpoint emphasizes the importance of financial incentives and support mechanisms to encourage the adoption of energy storage technologies in India. Subsidies can stimulate investments, promote innovation, and make energy storage solutions more accessible, accelerating India’s transition […]
India Requires 74 GW Of Energy Storage By 2032 For The Integration Of RE – EQ
India needs to drastically improve its energy storage infrastructure in order to successfully integrate renewable energy sources and fulfil the nation’s soaring energy demands. The Central Electricity Authority (CEA) forecasted a requirement of 74 gigawatts (GW) and 411 gigawatt-hours (GWh) of energy storage capacity by 2032 in accordance with the National Electricity Plan (NEP) 2023. […]
GUVNL issue Tender for Supply of selection of project developers through competitive bidding process for procurement of energy storage capacity on long term – EQ
GUVNL issue Tender for Supply of selection of project developers through competitive bidding process for procurement of energy storage capacity on long term For more information please see below link:
User-side Energy Storage: Rigid Demand and High Electricity Price Boosts Development – EQ Mag
Domestic Price Gap Between Peak and Valley Hours Drives Industrial and Commercial Energy Storage Development. According to statistics from CNESA, in June 2023, the average price gap between peak and valley hours, based on agent-based pricing, was RMB 0.69/kWh in China. This figure is slightly lower than the annual price gap of RMB 0.70/kWh observed […]
Storage the next energy revolution – EQ Mag
If you grew up in India in the 1980’s and 1990’s, you would most likely remember the banks of large lead-acid batteries in many homes. India’s younger demographic might not be aware, but ‘load-shedding’ was a real thing, as the country could not generate enough power and inverters which transmitted the stored power into the […]
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants – EQ Mag
Two Chinese manufacturers of energy storage systems and batteries are eyeing collective investments worth more than a billion dollars in Vietnam, sources said, amid a growing push by firms from the mainland to expand their presence in their Southeast Asian neighbour. Vietnam, a global export hub, has been attracting global investments thanks to its array […]