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battery
Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE). The 2030 figure was first published last month while the target for 2050, when the continent’s renewable mix is expected to reach 85%, is an entirely...
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The government of Western Australia has begun a drive to deploy at least 1,000 renewable energy off-grid power systems aimed at bringing resilient electricity supplies to communities and customers. Called standalone power systems (SAPS), the technology combines equipment including battery storage and solar PV. The state government today announced its rollout will commence with 180...
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To integrate a targeted 500GW of non-fossil fuel energy onto its networks by 2030, at least 160GWh of energy storage will be needed in India by that time, according to the India Energy Storage Alliance (IESA). This energy storage capacity would include front-of-the-meter grid-scale storage, storage for integrating renewable energy directly, storage for distribution and...
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To support its growth, 247 Energy changes office to a new building in Beveren, Belgium. The facility also houses a demo room of the disruptive battery solutions. The office is powered by solar energy & batteries. 247 Belgium is based in Beveren, Schaarbeekstraat 20 E1.1.
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Enabling power grids to function more flexibly and resiliently, the deployment of battery storage across the US has increased from about 100MW at the end of 2012 to 1,650MW by the end of 2020, accelerating from an inflection point year in 2015. A new report from the US Department of Energy’s Energy Information Administration (EIA)...
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A 150MW / 600MWh battery storage system would be a central component of a proposed “state-of-the-art clean energy underground highway,” capable of transmitting renewable energy into New York City from Upstate New York, Energy-Storage.news has heard.  New York’s electric transmission system needs to be able to support the ongoing and rapid growth of renewable energy. The state’s Climate...
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The US’ bipartisan infrastructure bill’s passing by the Senate has been applauded by a range of energy storage industry stakeholders for helping unlock the country’s clean energy potential. US$1.2 trillion in infrastructure spending on everything from road building to phasing out lead water pipes has been committed to through the legislation. It now needs to...
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Companies in the battery storage industry raised US$9.6 billion in corporate funding during H1 2021. This total was a huge leap on the pandemic-depressed first half of 2020, when the figure stood at just US$716 million. Research firm Mercom Capital Group has released its latest report into funding and merger and acquisition (M&A) activity in battery...
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source: Wood MacKenzie P&R/ESA – US energy storage monitor 2020
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The world is in a chip-making crisis. But reasonably soon, the shortage will be over, and a very different, equally gargantuan opportunity will come into focus: We are going to need batteries — massive numbers of batteries. According to a forecast last week by BloombergNEF, a clean energy research firm, the world is going to require...
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