Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.
Solar PV bidders secured two-thirds of allocated capacity in the first of Spain’s new renewable energy auctions, while energy storage was not included in any of the winning bids.
NextEra Energy Resources said in December that wind turbines had been successfully installed and became operational at Skeleton Creek, a hybrid renewable energy project the company is building in Oklahoma, US.
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
A new report co-authored by energy expert Tony Seba predicts that the combination of solar and wind energy with batteries could undercut and disrupt the existing global energy system with “the cheapest power available” over the next decade.
AES Gener has held a virtual groundbreaking ceremony to mark the start of construction on a 112MW / 560MWh battery energy storage system project in Chile, Latin America.
10MW / 20MWh of Tesla Megapacks used for Alberta’s first-ever large-scale battery energy storage system have gone into action as TransAlta Renewables announced the project has reached commercial operation.
A preliminary report has been issued by California energy authorities into power outages which occurred in August and among the key recommendations it makes is that generation and energy storage projects proceed without delay.
A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
