China-based Contemporary Amperex Technology Co. (CATL) has launched its new TENER energy storage product, which it describes as the world’s first mass-producible 6.25 MWh storage system, with zero degradation in the first five years of use.
Researchers in the United Kingdom have analyzed lithium-ion battery thermal runaway off-gas and have found that nickel manganese cobalt (NMC) batteries generate larger specific off-gas volumes, while lithium iron phosphate (LFP) batteries are a greater flammability hazard and show greater toxicity, depending on relative state of charge (SOC).
Vantaa Energy plans to construct a 90 GWh thermal energy storage facility in underground caverns in Vantaa, near Helsinki. It says it will be the world’s largest seasonal energy storage site by all standards upon completion in 2028.
Researchers in Australia have compared the technical and financial performances of a hydrogen battery storage system and a lithium-ion battery when coupled with rooftop PV. They evaluated two commercially available systems – LAVO and Tesla Powerwall 2 – and found that the lithium-ion battery provides better financial profits, whereas the hydrogen battery offers more battery lifespan for long duration of energy storage.
While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under way, it remains unclear whether this promising technology can tip the scales on supply and demand. Marija Maisch reports.
Korea Western Power Co. (KOWEPO) and EDF Renewables have signed a joint development agreement for a 1.5 GW solar farm in Khazna, United Arab Emirates (UAE). The partners also recently won another project of the same size in the Al-Ajban region.
Researchers in Italy have estimated the profitability of future vanadium redox flow batteries based on real device and market parameters and found that market evolutions are heading to much more competitive systems, with capital costs down to €260/kWh at a storage duration of 10 hours.
SolarDuck, Green Arrow Capital, and New Developments have agreed to develop an offshore hybrid project featuring 120 MWp of PV and 420 MW of wind in Calabria, Italy.
Swiss solar panel maker Meyer Burger will seek shareholder approval for a rights issue of as much as CHF 250 million ($284 million) to finance the completion of its US manufacturing facilities in Colorado and Arizona.
The Serbian Ministry of Mining and Energy has signed a memorandum of understanding (MoU) with Chinese companies Shanghai Fengling Renewables and Serbia Zijin Copper. It envisages the construction of 1.5 GW wind and 500 MW of solar projects alongside a green hydrogen production facility with 30,000 tons of annual output.
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