Masdar and Kazakhstan’s sovereign wealth fund Samruk-Kazyna announced a landmark collaboration to develop up to 500MW of baseload renewable energy backed by battery energy storage systems (BESS), alongside 2GW of additional storage deployments across the country.
Browsing: Energy Storage
As global demand for scalable, fire-safe, and cost-effective energy storage intensifies, lithium-ion technologies—despite their dominance—are facing growing scrutiny over thermal instability and sustainability concerns. A team of Korean researchers may now be offering a viable alternative through a breakthrough in zinc-ion battery architecture, anchored by a novel graphene-coated current collector.
The global steel industry is responsible for approximately 11% of worldwide CO2 emissions. Within Canada, the steel industry contributes 2% to national emissions, equating to over 2.4 billion Canadian dollars to the GDP, while employing over 23,000 workers directly.
As California continues to push for a carbon-free electricity grid by 2045, hybrid projects combining solar power with energy storage are playing an increasingly vital role. A recent milestone in this effort came with Aypa Power’s announcement of $535 million in secured debt financing for the 320MW Vidal project in San Bernardino County.
Canada’s energy storage landscape has reached a new milestone with the launch of the Oneida Energy Storage Project, the country’s largest operating battery facility at 250 MW / 1,000 MWh.
British utility SSE has secured planning permission for an 80-MW/160-MWh battery energy storage system (BESS) in County Mayo—signaling a cautious but necessary step toward bolstering grid flexibility.
Panasonic’s decision to exit the residential solar and storage sectors brings an official close to a legacy that once helped shape modern photovoltaic technology.
With a target of deploying 6GW of energy storage by 2030, New York is now mobilizing $775 million to scale up both residential and retail energy storage adoption.
The energy sector is grappling with significant challenges as it transitions towards low-carbon technologies and sustainable practices. In this context, the integration of Combined Heat and Power (CHP) plants with thermal energy storage stands out as a compelling opportunity, yet it is fraught with complexity.
A seismic shift is underway in the energy industry, defined by digitalization and integration, reshaping the future landscape. As energy systems evolve, digital technology and a more unified approach are increasingly viewed as pivotal.