new energy storage latest news

A snapshot of Canada''s energy storage market in 2023

Justin Rangooni, executive director of trade association Energy Storage Canada (ESC) takes us through some of the key developments to date. Canada still needs much more storage for net zero to succeed Energy Storage Canada''s 2022 report, Energy Storage: A Key Net Zero Pathway in Canada indicates Canada will need a minimum of 8 …

Learn More
Three scientists at the cutting edge of new energy solutions

Chris Woolston &. Sandy Ong. Shirley Meng, Anne Lyck Smitshuysen and Ying Chuan Tan take multi-faceted approaches to finding energy solutions. Credit: Paddy Mills. To meet global energy needs ...

Learn More
Wärtsilä sees ''favourable demand environment'' for energy storage as strategic review continues

Energy-Storage.news'' publisher Solar Media will host the 6th Energy Storage Summit USA, 19-20 March 2024 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry leaders focusing on accelerating the market for energy storage across the country.

Learn More
New energy-storage industry booms amid China''s green drive

According to a report recently issued by China Energy Storage Alliance, the world''s newly installed capacity of new energy storage reached a record high of 45.6 …

Learn More
''Big expansion'' in battery manufacturing essential to global net zero goals, BloombergNEF says

The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero. BloombergNEF has just published the latest edition of its annual ''Energy transition investment trends'' report for 2024, including the …

Learn More
The Future of Energy Storage | MIT Energy Initiative

MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. …

Learn More
U.S. Battery Storage Had a Record Quarter. Here''s Why It Could Have—and Should Have—Been Much Better

The total for new residential energy storage was 137.8 megawatts for the quarter, down 10 percent from the prior-year quarter. California''s numbers are down largely because of new rules that ...

Learn More
''Global surge'' in large-scale energy storage deployments predicted this year by EnergyTrend

The country''s latest future energy plan published by its government "significantly elevates its short-term energy storage installation goals," and rapid short-term growth is expected in a market that EnergyTrend said could reach 4.2GW/6.4GWh of …

Learn More
Australia: Large-scale battery storage investments break billion-dollar barrier in Q2

However, the growth in battery storage activity was the standout clean energy technology in what has been otherwise a challenging couple of quarters for the sector, according to the report. Just four solar PV or wind large-scale generation projects totalling 384MW and around AU$225 million were committed to in Q2.

Learn More
New York proposes grid-scale energy storage tenders …

Those goals were set as part of New York State''s Climate Leadership and Community Protection Act legislation. As reported by Energy-Storage.news on 22 December, the New York Climate Action …

Learn More
Energy storage news | Renewables Now

16:52 / 02 July 2024. Energy Storage. Tesvolt secures its largest order with 65-MWh BESS in Germany. 13:52 / 02 July 2024. Energy Storage. Arizona utility SRP seeks proposals for emerging storage technologies. 18:21 / 01 July 2024. Energy Storage. Emeren, PLT energia to develop 394-MW BESS portfolio in Italy.

Learn More
ETN News | Energy Storage News | Renewable Energy News

ETN news is the leading magazine which covers latest energy storage news, renewable energy news, latest hydrogen news and much more. This magazine is published by CES in collaboration with IESA. The India Energy Storage Alliance on Monday kicked-off the ...

Learn More
Energy storage | MIT News | Massachusetts Institute of Technology

Offering clean energy around the clock. MIT spinout 247Solar is building high-temperature concentrated solar power systems that use overnight thermal energy storage to provide power and heat. April 30, 2024. Read full story.

Learn More
A global review of Battery Storage: the fastest growing clean energy …

A global review of Battery Storage: the fastest growing clean energy technology today. (Energy Post, 28 May 2024) The IEA report "Batteries and Secure Energy Transitions" looks at the impressive global progress, future projections, and risks for batteries across all applications. 2023 saw deployment in the power sector more than …

Learn More
Energy Storage News | Utility Dive

The latest energy storage news for utility industry professionals Skip to main content Deep Dive Opinion ... DOE provides $63.5M for ''transformative'' energy solutions, including new storage ...

Learn More
Energy-Storage.news'' Top 10 news stories of the year …

Empowering Australia''s battery energy storage assets through market participation. 7 August 2024. 12pm (AEST) Join Energy-Storage.news and energy storage market experts at GridBeyond for a …

Learn More
Xinyuan Smart Energy Storage Co., Ltd. Selected as a Latest Sci …

Xinyuan Smart Energy Storage Co., Ltd. (Xinyuan) was selected for the list. Xinyuan is a specialized platform for new energy storage technology innovation and integrated application jointly established by CPID and Hyper Strong, and a new industrial engine for CPID to set new power system requirements and lead the energy storage market. …

Learn More
Capacity Market contracts awarded to more than 2GW of battery storage in UK and Italy

The award of contracts to 1GW of battery storage was the "biggest news" to emerge from the latest round of Capacity Market auctions held in the UK, according to energy consultancy EnAppSys. Energy-Storage.news'' sister site Current± reported the full results earlier this week of the UK''s T-4 Capacity Market auction, awarding contracts …

Learn More
The evolving BESS market in 2024: A key year for safety, new technologies, and long-duration energy storage

2023 was another blockbuster year for battery energy storage systems (BESS), with major deployments and easing supply chain issues marking a year of growth for BESS, albeit with safety concerns continuing to grab headlines. The way we think about battery storage has to evolve as the market does, writes Dr. Matthias Simolka of …

Learn More
Powering the energy transition with better storage

Exploring different scenarios and variables in the storage design space, researchers find the parameter combinations for innovative, low-cost long-duration energy storage to potentially make a large impact in a more affordable and …

Learn More
First phase of 800MWh world biggest flow battery …

Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China. The biggest project of its type in the world today, the VRFB …

Learn More
Key technology trends in battery storage 2022-2030: Sungrow Q&A

It shipped 3GWh of energy storage globally in 2021. Its energy storage business has expanded to become a provider of turnkey, integrated BESS, including Sungrow''s in-house power conversion system (PCS) technology. Andy Lycett, Sungrow''s country manager for the UK and Ireland, on the trends that might shape the industry in …

Learn More
Energy storage important to creating affordable, reliable, deeply …

"The Future of Energy Storage," a new multidisciplinary report from the MIT Energy Initiative (MITEI), urges government investment in sophisticated analytical …

Learn More
Flow batteries for grid-scale energy storage

This article appears in the Winter 2023 issue of Energy Futures, the magazine of the MIT Energy Initiative. A modeling framework by MIT researchers can …

Learn More
Flow batteries for grid-scale energy storage

A modeling framework developed at MIT can help speed the development of flow batteries for large-scale, long-duration electricity storage on the future grid. Associate Professor Fikile Brushett (left) and Kara Rodby PhD ''22 have demonstrated a modeling framework that can help speed the development of flow batteries for large-scale, long ...

Learn More
new energy storage: Latest News & Videos, Photos about new …

JSW Neo Energy, a subsidiary of JSW Energy, will establish a 1,500 MW pumped storage project in Telangana with an investment of Rs 9,000 crore. The Memorandum of Understanding (MoU) for the project was signed at the World Economic Forum in Davos.

Learn More
New energy storage to see large-scale development by 2025

New energy storage to see large-scale development by 2025. China aims to further develop its new energy storage capacity, which is expected to advance from the initial stage of commercialization to large-scale development by 2025, with an installed capacity of more than 30 million kilowatts, regulators said.

Learn More
Overview and key findings – World Energy Investment 2024 – Analysis

Global energy investment is set to exceed USD 3 trillion for the first time in 2024, with USD 2 trillion going to clean energy technologies and infrastructure. Investment in clean energy has accelerated since 2020, and spending on renewable power, grids and storage is now higher than total spending on oil, gas, and coal.

Learn More
Industry Updates Archive

Sineng Electric powers 100MW/200MWh energy storage project in China. June 3, 2024. By Sineng Electric. Sineng Electric has announced the successful commissioning of a 100MW/200MWh energy storage project in China''s Shandong province, delivering significant economic, environmental and social benefits to the region.

Learn More
Energy storage news | Energy Global

Updates and announcements of the latest energy storage news in the renewables market. Ameresco enters contract with Atlantic Green for UK BESS Friday 24 May 2024 15:00 Ameresco, Inc. has announced that Ameresco and Envision Energy have been chosen ...

Learn More
Large-scale tenders and energy storage''s role in decarbonisation

Energy-Storage.news'' publisher Solar Media will host the 1st Energy Storage Summit Asia, 11-12 July 2023 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a community of credible independent generators, policymakers, banks, funds, off-takers and technology providers.

Learn More
China Almost Quadrupled Its New Energy Storage Capacity in 2023

Capacity rose to 31.4 gigawatts, from just 8.7 gigawatts in 2022, the National Energy Administration said Thursday. The systems are mainly lithium-ion …

Learn More