Latest news from Clean Horizon
Energy storage news - July 12th 2019
This week’s TOP 5 includes the conclusion of an in-depth analysis led by Australia’s energy market operator showing the need for 15 GW of storage by 2040, the European Commission’s dedication of €132 million to the development of next-gen batteries in Europe, a Stem/Syncarpha Capital announcement of five projects totalling 28.2 MW/28.2 MWh of storage alongside 26 MW of solar, the results of a North Carolina State University report setting path for 5 GW of battery storage by 2030 in its home state and Long Island’s new $55 million funding for commercial energy storage and residential solar-plus-storage systems.
Read moreEnergy storage news - July 5th 2019
This week’s TOP 5 includes the filing of the Tennessee Valley Authority Integrated Resource Plan (IRP) that seeks 5.3 GW of storage by 2038, the development approval of the massive Robertstown solar-plus-storage project in South Australia, the setting of a new and formal definition of energy storage that will alleviate the current hurdles that it's currently facing, Los Angeles’s quest for a record-low solar-plus-storage PPA price and the swap of an old gas peaker for a 20MW/80MWh battery in Oakland, California.
Read moreEnergy storage news - June 28th, 2019
This week’s TOP 5 includes NV Energy’s intention to purchase power from three massive projects totaling 1.2 GW of solar and 590 MW of storage, AES’s groundbreaking of the Alamitos Energy Center’s 400 MWh storage component, the 15% hike of sales taxes on home energy storage systems in the UK, the announcement of three one-hour 10 MW battery storage systems in Germany and Lombardy’s €4.4 million incentive program for residential and commercial solar-plus-storage systems.
Read moreEnergy storage news - June 21th, 2019
This week’s TOP 5 includes the start of operations in Australia’s largest solar-plus-storage project, the contracting of a sole battery storage system in the UK’s latest Capacity Market auction, Iowa’s endorsement of an energy storage tax credit, Terceira’s plan to host a 15 MW/10.5 MWh storage system and Australia’s latest 5-minute rule that advantages battery storage systems.
Read moreEnergy storage news - June 14th, 2019
This week’s TOP 5 includes the World Bank’s approval of a USD 300 million loan to promote battery storage in China, a Nevada solar-plus-storage project fostering the world’s largest storage system, New Jersey’s plan to host 2,000 MW of energy storage by 2030, Puerto Rico’s latest plan to install 1,800 MW of solar PV and 920 MW of energy storage by 2024 and the approval of ScottishPower’s proposed 50 MW storage addition to the UK’s biggest onshore wind farm.
Read moreEnergy storage news - June 7th, 2019
This week’s TOP 5 includes India’s Madhya Pradesh search for 500 MW of energy storage, Duke Energy Florida’s intention to build its largest roster of energy storage projects, the commissioning of two new storage systems on the USA's Atlantic Coast , Sinochem’s plans for a 20 GWh Li-ion battery factory and Eversource’s plan to replace power line investments with storage ones.
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