IHS Markit White Paper identifies eight global solar and energy storage market trends to watch
Annual solar installations grew almost 20% year over year in 2017, and the solar industry is also edging within 100 gigawatts, a milestone the industry will reach this year, according to IHS Markit, a world leader in critical information, analytics and solutions.
Energy storage or grid extension – wrong question, right answers, finds panel
Panel discussion at Energy Storage Europe tackled the issue of whether the best way for keeping the lights on as economies around the world grow is to extend the grid network or add energy storage, and found that the best solution lies somewhere in between.
Neoen’s 50 MW hydrogen electrolyser at proposed wind and solar facility in SA receives grant
French firm Neoen has begun development on a hydrogen electrolyser to be colocated alongside a 150 MW wind project and 150 MW solar farm. The project has been awarded a grant of $1 million by the South Australian Renewable Technology fund, with more funding yet to be approved.
US energy storage begins to take off
Despite a lackluster Q4, GTM Research predicts that the U.S. energy storage market is going to boom in 2018, driven by both policy support and falling prices.
Lakeland solar+storage to demonstrate value stacking at utility scale
Australia’s first large scale solar+storage array has been grid connected, in Northern Queensland. The collocated 10.8 MW solar and 1.4 MW/5.3 MWh battery storage system is set to demonstrate the value of dispatchable PV to networks and asset owners.
Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
China to achieve grid parity for solar in 2023, slow development of storage hinders RE adoption, survey shows
Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: when will renewables become the dominant source of energy?
Carnegie to negotiate lease for 100 MW/20 MWh WA Goldfields solar+storage project
Carnegie Clean Energy has received approval to negotiate the lease for a 250ha site in the WA’s Eastern Goldfields, on which it hopes to develop a 100 MW solar and 20 MWh battery storage array. The Mungari Solar Farm would supply power to a region currently suffering from electricity supply constraints.
Wind giant Vestas taps solar, storage markets for hybridization drive
The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.
South Australia to host another big battery near Snowtown
With all eyes still on the world’s largest lithium-ion battery at the Hornsdale wind farm, South Australia now readies to raise the game with its first big battery built in conjunction with a solar farm.
