The energy storage market is poised for strong growth over the next decade and opportunities are likely to emerge for alternatives to lithium-ion that offer longer durations of storage, but three key challenges remain for those technologies. Speaking at today’s second day of the Energy Storage Summit 2021, hosted by our publisher Solar Media, George […]
EDP to invest €24bn in energy transition
The company targets 50GW of renewables and carbon-neutrality by 2030 Portuguese energy company EDP has announced it will invest €24 billion (£20.9bn) in energy transition and renewables by 2030. In that timeframe, the firm expects to have 50GW of renewables installed and carbon-neutrality across its operations. EDP said the largest share of the green investment […]
Biden’s Plea to Remake Grid Gets a Boost on Texas Power Crisis
The icy weather that left millions without power in Texas has critics of the Biden administration’s fight against climate change blaming renewable energy, but the failures have more to do with an ill-prepared power grid and shortfalls in traditional electricity sources. Energy analysts and experts said the blackouts in Texas underscore the U.S. electric system’s […]
AFRICA Highview Power raises $70m for renewable energy storage
Highview Power, a company specialising in electricity storage, has just raised 70 million dollars to distribute its solutions in Africa. The funds were raised from Janus Capital, the subsidiary of Janus Continental Group (JCG) Sumitomo Heavy Industries (SHI) and the Spanish group TSK. Highview Power launches its conquest of Africa. The storage system provider based […]
SECI Seeks Consultants for a 100 MW Solar PV Power Project with BESS at Chhattisgarh
Storage Futures Study: The Four Phases of Storage Deployment
Storage Futures Study: The Four Phases of Storage Deployment: A Framework for the Expanding Role of Storage in the U.S. Power System For more information please see below link:
UMass Lowell, Stony Brook receive $7.4 million grant to research energy storage
LOWELL : Stony Brook University researchers, in collaboration with UMass Lowell, will be investigating ways to make energy generation, storage and system operation more efficient and reliable — particularly in microgrid settings such as shore-based environments — under a new program funded by the U.S. Navy Office of Naval Research. The Navy grant, totaling $7.36 […]
Hydrogen gaining traction for storage
According to IEA’s World Energy Outlook 2020, battery storage will gain huge ground as a source of power system flexibility, with global investment increasing six-fold to $25 billion by 2030. Even as the country aims to reduce fossil fuel-based emissions by building renewable energy capacity and promoting the uptake of electric vehicles, the cost of […]
EQ Webinar on SE Asia Hybrid RE Power Plants – Wind + Solar + Storage on Friday October 2nd from 04:00 PM Onwards….Register Now !!!
Warm Greetings from EQ We are happy to present SE Asia Hybrid RE Power Plants – Wind + Solar + Storage Webinar When: Oct 2nd, 2020 04:00 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation email containing information about joining the meeting. Confirmed Speakers: 1. […]
Renewables and storage grow while importance of coal diminishes for AES Corporation
AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year. The company said in a […]