The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
Redflow’s zinc-bromine based devices have been picked by the New Zealand Rural Connectivity Group to help extend mobile coverage and internet connectivity to thousands of homes and businesses in remote areas.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
“No other policy in play right now” could be “more immediate or more impactful” than a ‘standalone’ Investment Tax Credit (ITC) in the US for energy storage, the CEO of the national Energy Storage Association has said.
A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology.
‘Hybridising’ energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
Subsidiaries of state-run energy conglomerate China Energy Engineering Corp have started constructing two major solar plants and one of the largest energy storage systems in China, according to filings on the Stock Exchange of Hong Kong (HKEX).
