Browsing: Energy Storage

When examining the burgeoning sector of ocean renewables, a noteworthy statistic emerges from the backdrop—global investment in marine renewable energy technologies surpassed $6 billion in 2023, reflecting a paradigm shift toward harnessing offshore resources.

As the global push towards renewable energy intensifies, South Africa finds itself at a pivotal junction with the introduction of Tesla’s Powerwall 3 energy storage system.

The landscape of grid battery storage in the United States is poised for an unprecedented year as projections indicate a substantial increase in capacity installations.

Current data from the International Energy Agency indicates that buildings account for over a third of global energy consumption, with expected growth to 60% by 2050.

Vikram Solar, a leading Indian photovoltaic (PV) manufacturer, plans to establish a 1 GWh solid-state battery manufacturing facility, with prospects for expansion up to 5 GWh.

The global push toward Net Zero emissions is reshaping industries, economies, and societies, with electrification, renewable energy, and battery technology at the forefront of this transformation. However, the transition faces significant challenges, particularly in scaling technologies and securing the raw materials needed for battery production.

Trade tensions between the United States and China have notably impacted the electronics supply chain, with Chinese lithium battery manufacturers…

Finland’s authorization of its largest battery-storage project marks a pivotal point in the renewable energy landscape. As energy stakeholders anticipate the completion of the Nivala-based infrastructure, the project led by SEB Nordic Energy’s Locus Energy and Ingrid Capacity AB underscores emerging trends in energy storage technology.

ACWA Power is collaborating with Azerbaijan’s Ministry of Energy to advance a pivotal 200 MW Battery Energy Storage System (BESS)…

A 200-megawatt (MW) and 400-megawatt hour (MWh) energy storage system, delivered by Wärtsilä to Zenobē in Blackhillock, Scotland, is now operational, marking the largest battery storage site in Europe.