Category Archives: Batteries

ACP Statement on Clean Energy Manufacturing Policy Announcements

The American Clean Power Association (ACP) released the following statement from ACP CEO Jason Grumet after the U.S. Treasury released new guidance on the domestic content bonus credit for qualifying wind, solar, and energy storage technologies: “The domestic manufacturing incentives in the Inflation Reduction Act are essential to strengthen America’s clean energy supply chain. We commend … Continue reading ACP Statement on Clean Energy Manufacturing Policy Announcements

Continue reading

ACP Statement on 301 Tariffs for Battery Storage

The American Clean Power Association (ACP) released the following statement today from ACP CEO Jason Grumet after the Biden Administration’s decision on Section 301 tariffs related to lithium-ion batteries for energy storage:  “Today’s decision recognizes the value of battery energy storage and its importance to the reliability of our electric grid. As energy demand grows, battery … Continue reading ACP Statement on 301 Tariffs for Battery Storage

Continue reading

Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps

For every nation, clean technology manufacturing can bring economic security, employment, and resilience to clean energy transitions, says the IEA. The sector is now so significant that it’s also impacting overall GDP performance: in 2023, clean technology manufacturing alone accounted for around 4% of global GDP growth and nearly 10% of global investment growth. Here, … Continue reading Analysis of clean technologies: solar photovoltaic, wind energy, batteries, electrolyzers and heat pumps

Continue reading

Photovoltaic storage in Spain in 2023 reaches 1,823 MWh of storable solar energy

According to data collected by the Spanish Photovoltaic Union (UNEF), the majority association of solar energy in Spain that already has more than 800 companies, in 2023 495 MWh of behind-the-meter storage were installed in Spain, of which, around Three quarters correspond to residential facilities. UNEF has carried out study work with its associated companies … Continue reading Photovoltaic storage in Spain in 2023 reaches 1,823 MWh of storable solar energy

Continue reading

2023 Top Photovoltaic Storage Manufacturers in China

The energy storage sector reached new heights in 2023, as showcased at the annual Energy Storage Carnival and the release of the Global Energy Storage Shipment Rankings for Chinese Enterprises by the Electric Energy Storage Alliance (EESA). EESA Chairman, Du Xiaotian, delivered a comprehensive summary of the global and Chinese energy storage industry’s developments in … Continue reading 2023 Top Photovoltaic Storage Manufacturers in China

Continue reading

Rapid expansion of batteries will be crucial to meet climate and energy security goals set at COP28

After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up … Continue reading Rapid expansion of batteries will be crucial to meet climate and energy security goals set at COP28

Continue reading

Understanding the implications of the intermittency of renewable energy is essential for energy market participants

Electricity demand is set to surge over the coming decades as addressing climate change becomes a key focus for societies globally and the energy transition advances. At the same time, traditional fossil fuel powered generation will increasingly be phased out in favour of renewable sources. On the face of it, that’s good news for power … Continue reading Understanding the implications of the intermittency of renewable energy is essential for energy market participants

Continue reading

Rooftop photovoltaic solar now a major player in Australia’s grid, but households need more batteries

Rooftop solar is now the fourth latest source of electricity in Australia, and a major player in the grid that is unparalleled in the rest of the world, but the need to encourage Australians to work with the grid rather than get off it is becoming more urgent. Residential solar now accounts for 11.2 per … Continue reading Rooftop photovoltaic solar now a major player in Australia’s grid, but households need more batteries

Continue reading

Home energy storage for photovoltaics is booming in the US.

Alexis de Tocqueville, the French diplomat and famous observer of America, noted in 1840 that in democratic countries such as the US, a citizen’s independence “fills him with self-reliance and pride amongst his equals”. That same spirit might have been expected to help make the US a global leader in residential solar power, with homeowners … Continue reading Home energy storage for photovoltaics is booming in the US.

Continue reading

Distributed solar photovoltaic and storage: a beacon of security and hope

In early March, a group of Wood Mackenzie volunteers spent several days in central Puerto Rico through a partnership with non-profit organisation Let’s Share the Sun. The partnership ties in directly with our internal Thrive programme, which creates a positive impact on employees and the broader community through its four pillars: community engagement, wellness, sustainability, … Continue reading Distributed solar photovoltaic and storage: a beacon of security and hope

Continue reading

From solar photovoltaic and wind energy to electric vehicles: How China is overproducing green technology

China faces increased scrutiny from the West for its aggressive export practices: overcapacity and huge subsidies. The United States and the EU are working to ensure that their clean energy sectors are not eliminated by unfair competition. United States Treasury Secretary Janet Yellen warned China last weekend against overproducing clean-energy products such as solar panels, wind turbines … Continue reading From solar photovoltaic and wind energy to electric vehicles: How China is overproducing green technology

Continue reading

Cero to include battery storage in its 370 MW photovoltaic plant in Greece

Macquarie’s subsidiary Cero Development Hellas received a green light for adding batteries with an overall capacity of 749 MWh to its project for a 370 MW photovoltaic plant in Central Greece. Renewable energy investors are increasingly turning to batteries to keep their solar power projects on track. As electricity consumption in Greece is stagnating and … Continue reading Cero to include battery storage in its 370 MW photovoltaic plant in Greece

Continue reading

Half of the developers offer batteries in their photovoltaic portfolio in Brazil

Greener published the results of its most recent study on the distributed photovoltaic (PV) generation market in Brazil, revealing some significant trends. Among them, the fact that 49% of respondents said they had hybrid systems in their portfolio stood out, and 12% recorded at least one sale of a kit containing a battery. According to … Continue reading Half of the developers offer batteries in their photovoltaic portfolio in Brazil

Continue reading

Endesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant

The eight hectares that the facility will occupy will be capable of supplying more than three thousand homes and will be on the free land within the Barranco de Tirajana Power Plant.The eligible investment amounts to 11.5 million euros, of which 5.6 million correspond to the Next Generation funds of the European Union.The solar park … Continue reading Endesa will build its largest photovoltaic (PV) solar power plant with battery storage in the Canary Islands at the Barranco de Tirajana plant

Continue reading

US Energy Storage Market Breaks Installation Record in Q4 2023

The US energy storage market shattered previous records for deployment across all segments in the final quarter of 2023, with 4,236 megawatts (MW) installed over the period, a 100% increase from Q3 according to a new report released today. For the first time, the grid-scale segment exceeded 3 gigawatts (GW) deployed in one quarter and … Continue reading US Energy Storage Market Breaks Installation Record in Q4 2023

Continue reading

EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project

EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery … Continue reading EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project

Continue reading

European first-of-its kind photovoltaic (PV), wind power & storage combination

Global renewable energy company BayWa r.e. and Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announce the successful deployment of a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute for Chemical Technology (ICT) campus in Pfinztal, Germany. BayWa r.e. installed three new rooftop arrays … Continue reading European first-of-its kind photovoltaic (PV), wind power & storage combination

Continue reading

AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

This new award in Puerto Rico is in addition to the plants executed by AES in the Dominican Republic, strengthening the alliance with the American energy company, which has a strong presence in the Caribbean region. The MARAHU project consists of two photovoltaic plants located in the south of Puerto Rico. The first facility will … Continue reading AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

Continue reading

RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the company is further expanding its green energy portfolio with the recent completion of three new … Continue reading RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

Continue reading

Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2023 Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator … Continue reading Solar photovoltaic and battery storage to make up 81% of new U.S. electric-generating capacity in 2024

Continue reading