Solar Energy Storage and Battery News

Gridmatic has launched a $50m energy storage fund to manage up to 500MW of battery capacity in ERCOT and CAISO markets. With successful first tranche of $24.95m, Gridmatic's AI algorithms will optimise energy storage with up to 46% increase in revenue. Investors can now capitalise on energy market volatility without managing a battery project.

Amprius Technologies introduces an ultra-high-power-high-energy lithium-ion battery with 10C discharge rate & 400Wh/kg energy density, offering increased flight range of up to 50%, faster charging & lower operating costs. Samples available in late 2023.

Renova Inc and partners break ground on 15-MW/48-MWh lithium-ion battery system in Japan. With a 22% stake, Renova is the first to enter the grid storage battery market and will receive a subsidy from the Ministry of Economy, Trade and Industry. Operations to begin October 2025.

New South Wales government has approved the construction of the Blind Creek Solar Farm, a 350-MW Solar Park with a 300MW/600MWh battery storage capacity. This USD368.6 million project will create 135,000 home-equivalent energy and offset 740,000 tonnes of CO2 annually. It will also include regenerative agriculture and benefit sharing scheme for local residents.

Masdar and Citaglobal Bhd collaborate to potentially develop 2 GW of clean energy in the Malaysian state of Pahang. This agreement is part of a larger move by the UAE government to reach net-zero emissions by 2050 and bring new energy solutions to the region.

Clearway Energy Group has closed a 147-MW/588-MWh battery energy storage system project in California's Kern County. Financing came from a consortium of lenders, HASI, Clearway Energy Inc, and a committed tax equity investment. SCE will purchase the energy storage capacity to help improve grid reliability. SEO writer with 10 years experience.

Tesla and UGL join forces to deliver an extension of the Western Downs Battery project in Queensland, Australia, increasing capacity from 200 MW/400 MWh to 270 MW/540 MWh. Construction to be completed by 2024-2025. Neoen begins construction on Storbötet and Lumivaara wind farms in Finland, total capacity of 161.2 MW.

Qair Brasil inaugurates 429.4-MW hybrid solar and wind cluster in Ceara, Brazil. Project will generate enough clean energy to power 800,000 households, plus 280-MW hydrogen project for events. First of its kind in Brazil, helping transition to renewable energy.

DIF Capital Partners has announced a £200 million investment into Field, a London-headquartered developer and operator of battery energy storage systems, to expedite the development of its 4.5 GWh pipeline of grid-scale projects in UK and Western Europe. Field is already operating a 20 MWh battery project in Oldham, and has four other sites totalling 210 MWh.

RheinEnergie AG is constructing Germany's largest 32 MWp solar park with 7 MWh battery storage. Subsidized 20 MWp of capacity will power 10,000 households, while remaining 12 MWp will be unsubsidized. RheinEnergie currently operates 57 MWp PV and 172 MW wind capacity across Germany.

Eku Energy is set to construct two 130 MWh battery storage systems in Basildon, Essex and Loudwater, Buckinghamshire. Completion is expected by the end of 2024 with 1.2GWh of battery storage currently in delivery across six sites. NHOA Group is partnering with Eku for this project.

Dale Vince's Ecojet is the UK's first electric airline powered by renewable energy, set to launch in 2024. Ecojet flights will feature sustainable meals, uniforms, and no single-use plastics. Flying with Ecojet will reduce carbon emissions by 90,000 tonnes annually and contribute to decarbonizing the aviation industry.

Charge your 2021 or newer Tesla with excess solar energy, thanks to Tesla's new "Charge on Solar" feature, available in the U.S. and Canada. Learn more about the history of solar-powered vehicle charging and other solar-roofed vehicles.

Eku Energy and Renera Energy have signed an agreement granting 1GW of battery project rights to Eku Energy in Italy. The agreement will help Italy reach its 2030 renewable energy target of 65%. Eku and Renera will collaborate to deliver secure and reliable energy storage solutions. Italy is expected to become the 3rd largest energy storage market by 2030.

Ameresco Inc wins a 20-year deal to build a 78.3-MW/313.34-MWh battery storage system for Colorado’s United Power. This project is estimated to be completed in 2024 and will enable efficient storage and dispatching of power during peak times.