Power Minister R K Singh on Thursday requested senior authorities officials to focus on the storage of surplus energy within the nation. “R K Singh, Union Minister of Power and New & Renewable Energy, chaired a digital assembly immediately (Thursday) with senior officials from central authorities, central PSUs, renewable energy builders, PSP builders and battery […]
Long-Duration Storage Startups Malta And Energy Vault Partner With Siemens Energy, Enel Green Power
Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players. A giant carousel of energy storage tech. Malta Inc, a developer of a ‘pumped-heat energy storage’ (PHES) technology which the company claims can provide large-scale energy storage for up to 200 hours, has partnered […]
Saudi Aramco Energy Ventures Invests in Renewable Energy Storage Company
Energy Vault, a creator of renewable energy storage products, announced new investment from Saudi Aramco Energy Ventures (SAEV), the strategic technology venturing program of Aramco. Swiss-based, global energy storage company specialising in gravity and kinetic energy based, long-duration energy storage products, Energy Vault, announced a new investment from Saudi Aramco Energy Ventures (SAEV), Aramco’s enterprise […]
Scatec Awarded 540 MW Solar Plant With Storage in a Government Tender in South Africa
Oslo : Scatec has today been awarded Preferred Bidder status on three projects totaling 150MW (3x50MW) of Contracted Capacity, by the Department of Mineral Resources and Energy in South Africa under the technology agnostic Risk Mitigation Power Procurement Programme (RMIPPP). The tariffs awarded to the projects fall within the range of the previously awarded preferred […]
RES Offloads 80 MW Storage to Gore Street
Construction-ready energy storage project in Milton Keynes in England is slated to go live by Q1 2023 RES has completed the sale of an 80MW energy storage project in the UK to Gore Street. The construction-ready energy storage project is located in Milton Keynes, England and has an expected total capital expenditure of £30m spread […]
SEACEF invests in Vietnam solar and storage project
Facility seeks to address looming power shortage in the Southeast Asian nation in a sustainable manner. The South East Asia Clean Energy Facility (SEACEF), a collaboration of international foundations seeking to accelerate the low-carbon transition in Southeast Asia, has invested at the development phase of a floating solar and storage project in Dong Nai province […]
Construction to Begin on World’s Largest Liquid-Air Energy Storage Project
Construction is underway on a 50 MW liquid-air energy storage facility – with a minimum of 250MWh – located in Greater Manchester, UK. Once complete, the “CRYOBattery” facility will be the largest of its kind in the world. Highview Power, an energy storage company, has partnered with MAN Energy Solutions to provide its LAES turbomachinery […]
RWE Renewables’ first battery storage project in Europe completed in Ireland
RWE Renewables’ first European battery energy storage system (BESS) – an 8.5MWh project – has gone live in Dublin, Ireland. The battery is set to provide balancing services to the Irish grid to help it integrate increased renewable energy, with a target of 70% of electricity demand to be met by renewables by 2030. Located […]
Storage will be vital for hydrogen to help solve renewable energy’s big challenges
Hydrogen increasingly looks likely to have a role to play in achieving decarbonisation targets worldwide, and investments and innovation are scaling up. But costs remain high and for clean hydrogen to be most effective at integrating high shares of renewable energy, storage is a vital piece of the puzzle, writes Georgina Ainscow, a Senior Patent […]
Residential Solar Energy Storage Market to exhibit a stellar CAGR of 14% | Market Research Future (MRFR)
Key industry participants in the global Residential Solar Energy Storage Market are ABB, LG Chem, Samsung SDI Co., Ltd, General Electric, Tesla, AEG Power Solutions, NextEra Energy, Inc., Abengoa, BrightSource Energy, Inc., Acciona, Evergreen Solar, Alpha Technologies, SunPower Corporation, and Solarwatt., among others. Residential solar energy storage equipment can harness the sun’s light and store […]