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Australia breaks renewable records however high fossil fuel prices trigger higher wholesale electricity prices
Solar PV and also various other renewables accounted for a record share of electricity generation in Australia's National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels regardless of their share of the energy mix shrinking.
Feb 9, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Australia, AEMO, Oceania
14.4 TW of solar needed to cover global temperature level rise at 1.5 ° C.
The globe's solar power generation capacity will certainly need to reach 14.4 TW in the next 30 years to guarantee that the international temperature does not rise above 1.5 degrees celsius this century.
Mar 18, 2021 // Markets & Finance News, IRENA, International Renewable Energy Agency, Francesco La Camera, paris agreement, global capacity increase, global energy transition, global temperature rise
10 ways to ensure bees gain from the solar energy boom
Researchers examining the effect of solar power advancement throughout Europe have come up with ten methods which the development of solar can be formed to make sure pollinators benefit
Apr 26, 2021 // Technology, UK, Europe, Hollie Blaydes, Simon Potts, University of Reading, Alona Armstrong
Biggest US Solar Project Cancelled On Aesthetic Grounds
The cancellation notes the biggest pushback to a solar project in the United States till date. Local resistance to projects is not distinct to the United States, and is a concern in higher population locations like India as well.
Jul 27, 2021 // Plants, USA, North America, arevia power, International, Solar Project
Vietnam's short-term solar outlook hurt by regulatory uncertainty as well as network capacity, grid requires US$ 32.9 bn in investment by 2030
Vietnam's near-term renewables outlook will certainly be weighed down by regulatory and functional unpredictabilities stemming from a lack of clear policy as well as an "underdeveloped grid capacity", according to Fitch Solutions' most current report on the marketplace.
Mar 7, 2022 // Markets & Finance News, Asia, fitch solutions, Vietnam, regulation, grid connections, grid capacity, grid infrastructure, grid upgrades, national power development plan, regulatory issues
NREL's storage projections for 2050
The National Renewable Energy Laboratory's (NREL) last report on the future of storage provides "key learnings" from a series of six extensive research studies.
Apr 19, 2022 // Storage, Market Research, USA, NREL, North America, lithium-ion battery
Innergex awards Mitsubishi Power 425MWh BESS order for co-located Chile sites
Independent Power Producer (IPP) Innergex Renewable Energy has actually ordered 2 battery energy storage space system (BESS) projects from Mitsubishi Power Americas for co-located sites in Chile, South America.
May 11, 2022 // Storage, IPP, Chile, South america, Independent Power Producer, Innergex Renewable Energy
Renewables can fulfill all electricity demand in Australia at certain times of day by 2025
Accelerating release of utility-scale solar as well as wind means much of Australia can have adequate eco-friendly generation to fulfill 100% of consumer demand at specific times of the day by 2025.
Aug 31, 2021 // Markets & Finance News, Australia, AEMO, NEM, rooftop PV, Oceania, Daniel Westerman
Compass Mining Partners With Red Jar Digital Infrastructure To Pioneer Bitcoin Mining In Ontario, Canada
Compass Mining companions with Red Jar Digital Infrastructure to pioneer Bitcoin mining in Ontario, Canada.
Nov 3, 2021 // Blockchain, Canada, North America, Bitcoin, Compass Mining, Red Jar Digital Infrastructure, Whit Gibbs
Form Energy declares liquid air battery offers 150 hrs of storage
The holy grail of power storage has actually constantly been low-priced and also long-duration. Form Energy means on releasing a 1 MW/150 MWh system with a Minnesota utility prior to 2023, an extraordinary power storage period if effective.
May 8, 2020 // Storage, USA, North America, Form Energy, Mateo Jaramillo, Jon Brekke
Bulgaria Issues 3,000-MWh Energy Storage Tender
Bulgaria's ambitious RESTORE tender opens doors for 3,000 MWh of renewable energy storage, offering €683 million in grants. Seize the chance to innovate by November 21!
Aug 22, 2024 // Storage, Europe, Bulgaria
EVLO Launches Innovative 5-MWh Battery Storage Solution
Discover the EVLO SYNERGY: a revolutionary 5-MWh battery system combining advanced technology, cost-effectiveness, and sustainability, setting new standards in energy storage for large-scale projects.
Sep 3, 2024 // Storage, EVLO
Brazil's Solar Capacity Surpasses 47 GW Milestone
Brazil shines bright with over 47 GW in solar power capacity, fueling jobs, investments, and a greener future while significantly reshaping its energy landscape!
Sep 23, 2024 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant
ILI Group Gains Consent for 200-MW Battery Project
ILI Group's 200-MW battery storage project in Scotland unlocks renewable potential, boosting grid stability and supporting the region's green energy future!
Oct 30, 2024 // Storage, SCOTLAND, ILI Group
EVLO to Install 300 MWh Battery Storage for Dominion
EVLO Energy Storage joins forces with Dominion Energy to power Virginia's clean future, launching state-of-the-art battery systems that propel the state's shift to 100% renewable energy by 2050!
Nov 21, 2024 // Storage, EVLO Energy Storage