ENERGY STORAGE

Turks and Caicos launches Clinton Foundation-backed energy strategy

The government of the Turks and Caicos Islands, utility FortisTCI and the non-profit Clinton Foundation inked a memorandum of understanding (MoU) on Wednesday to kick off the initiatives in the country’s new energy transition strategy.

Nov 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ENERGY STORAGE, utility-scale PV, Caribbean, fortistci, rocky mountain institute, clinton foundation

Storage ITC could be ‘more impactful’ than any other policy

A standalone Investment Tax Credit (ITC) for energy storage in the US holds the potential to be more immediate and impactful than any other policy, the head of the US national Energy Storage Association has said.

Oct 25, 2019 // Markets & Finance News, Storage, Policy, USA, storage, ENERGY STORAGE, North America, Kelly Speakes-Backman, investment tax credit

South Africa PV industry welcomes 6GW allocation despite time gaps

A decision by South Africa's Department of Mineral Resources and Energy (DMRE) to allocate 6GW of new large-scale solar over the next decade has been welcomed by the South African Photovoltaic Industry Association (SAPVIA) for giving a “moderate level of certainty” to the industry.

Oct 22, 2019 // Plants, Large-Scale, Commercial, Storage, ENERGY STORAGE, Africa, coal, reippp, doe, dmre, embedded generation, sapvia, irp, Wido Schnabel, Niveshen Govender

Study: Germany needs clean energy surge to replace coal, nuclear

Germany must embrace renewables and energy storage at an unprecedented scale if it hopes to offset the void left behind by coal and nuclear phase-outs, a new study has said.

Sep 16, 2019 // Plants, Large-Scale, Commercial, storage, ENERGY STORAGE, Germany, Europe, subsidies, bsw, zero-subsidy pv, Carsten Körnig

Limiting climate emergency will require ten-fold solar boom, DNV GL claims

Global solar PV capacity must increase ten-fold to 5TW by 2030 in order to meet the Paris climate targets, research body DNV GL has claimed.

Sep 12, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ENERGY STORAGE, solar pv, DNV GL, Ditlev Engel

Italian utility-scale solar boom a no-go without storage, event hears

The colossal solar boom Italy wants to drive in a decade could lie beyond reach if developers do not act to embrace energy storage more decisively, industry players have argued at a recent event.

Sep 10, 2019 // Plants, Large-Scale, Commercial, Storage, ENERGY STORAGE, Italy, Europe, solar-plus-storage, subsidy-free pv, BESS

Solar-plus-storage grid parity sweeps through top EU markets

The costs of residential solar-plus-storage have already dropped or will only take a few years to drop to nation-wide grid averages across key European markets, according to Wood Mackenzie.

Aug 7, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Storage, Policy, ENERGY STORAGE, Spain, France, Germany, UK, Italy, Wood Mackenzie, Europe, solar-plus-storage, energy storage economics, solar economics, woodmac, stats, analysis

Dynapower introduces new financing program for energy storage systems

Energy storage system manufacturer Dynapower has announced its involvement with a new energy storage financing program. Partnering with Lease Corporation of America, Dynapower will offer financing to system integrators and energy storage system buyers.

Jul 26, 2019 // Storage, storage, NREL, ENERGY STORAGE, Lease Corporation of America, Dynapower, LCA, Palombini

Georgia Power Boosts Plan for Renewables and Storage After Local Stakeholder Push

The Southern Company-owned utility’s larger-than-expected storage rollout points toward a big new market in the Southeast.

Jul 18, 2019 // Storage, clean energy, USA, storage, Wood Mackenzie Power & Renewables, ENERGY STORAGE, Georgia, RESOURCES, SOUTHERN COMPANY, UTILITY-SCALE SOLAR, FP&L's, Carolinas, Southern Alliance, Allen Reaves, Georgia Power, Europe, North America

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