Emerging Risks in Renewable Energy: A Brief Overview of Solar, Wind, BESS, and Hydro Trends in Latin America

Credit to Author: Contributed Content| Date: Thu, 08 Jun 2023 19:02:20 +0000

Renewable energy is on the rise in Latin America (LATAM). The International Energy Agency (IEA) projects a growth of electricity demand from 1,295 TWh in 2020 to 2,282 TWh in […]

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Israel Adding Energy Storage to Support Grid Integration for Renewables

Credit to Author: Darrell Proctor| Date: Wed, 03 May 2023 19:31:37 +0000

Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure […]

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Europe Ramps Renewables, Looks for New Gas to Reduce Reliance on Russia

Credit to Author: Darrell Proctor| Date: Mon, 01 May 2023 04:18:13 +0000

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas

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Major Energy Storage Project Sited at Former Australian Coal-Fired Plant

Credit to Author: Darrell Proctor| Date: Tue, 10 Jan 2023 20:30:26 +0000

The Australian affiliate of energy giant Shell said it has acquired the development rights for a major battery energy storage project in that country. The new facility is at a site that formerly housed eight coal-fired generation units. Shell Energy Australia on Jan. 10 said it will build, own, and operate the planned 500-MW/1,000-MWh Wallerawang […]

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The Tales of Battery Energy Storage System Permitting Process

Credit to Author: Janique Williams| Date: Fri, 02 Dec 2022 16:07:00 +0000

According to Elon Musk, solar and batteries go together like peanut butter and jelly. The sustainability of renewable energy relies on the deployment of energy storage systems for the storage of energy harnessed by renewable sources. The reduction in the cost to manufacture battery energy storage systems (BESSs) has catapulted the use of these types […]

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Storage-as-Transmission Project Announced for Germany

Credit to Author: Darrell Proctor| Date: Tue, 01 Nov 2022 04:11:00 +0000

A project known as Netzbooster, or Grid Booster, is being deployed in Germany, designed to improve the efficiency of the country’s existing power grid infrastructure. Fluence Energy GmbH, a subsidiary of

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Financing Committed for Major California, Texas Solar Projects

Credit to Author: Darrell Proctor| Date: Thu, 29 Sep 2022 18:26:46 +0000

Four large solar power projects, including two that will feature battery energy storage systems (BESS), are moving forward after the closing of financing commitments for the installations. Intersect Power, an Oregon-headquartered development and engineering group for renewable energy, on Sept. 29 announced it has closed $3.1 billion in financing to complete a near-term portfolio of […]

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Research Group: Energy Storage Market Will Hit $546 Billion by 2035

Credit to Author: Darrell Proctor| Date: Tue, 25 Feb 2020 18:44:05 +0000

The post Research Group: Energy Storage Market Will Hit $546 Billion by 2035 appeared first on POWER Magazine.

A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]

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California’s Largest Battery Storage Installation to Be Installed in Mojave Desert

Credit to Author: Aaron Larson| Date: Wed, 11 Sep 2019 09:09:53 +0000

The post California’s Largest Battery Storage Installation to Be Installed in Mojave Desert appeared first on POWER Magazine.

On May 16, 2019, the Los Angeles Department of Water and Power (LADWP) and Glendale Water and Power, through the Southern California Public Power Authority (SCPPA), received SCPPA’s approval on agreements with 8minute Solar Energy (8mSE) for the installation of a 300-MW/1,200-MWh battery energy storage system (BESS) located at 8mSE’s Eland Solar and Storage Center. […]

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Designing for Extremes: Battery Storage in the Mojave Desert

Credit to Author: POWER| Date: Fri, 01 Feb 2019 00:00:00 +0000

When Doosan GridTech installed a 25-MVA/10-MWh battery energy storage system (BESS) for the Los Angeles Department of Water and Power (LADWP) at its Beacon Solar Plant site in Kern County, California, the

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