Distributed Storage

Microgrids that use on-site renewables such as rooftop solar can help relieve peak demand on the grid during afternoons, and later in the evenings through battery storage. This can help power distribution companies (discoms) avoid buying expensive power to meet peak demand.

A lack of end-of-life batteries this decade is likely to play into the hands of Chinese recyclers located near most of the world’s production facilities, according to analyst WoodMac, but might at least help rebalance the current situation in which new products are cheaper than recycled ones.

U.S. solar thermal specialist Fafco is set to launch a new photovoltaic-thermal heat pump solution for water and pool heating. The system consists of photovoltaic-thermal panels, a 5 kWh thermal battery with a heat pump, and an electric hot water heater.

The carbon black solutions manufacturer will launch its Conductex i and Conductex e range of products for lithium ion and lead acid battery applications at The Battery Show Europe 2021. With this launch, it aims at reaching out to energy storage market customers in Europe and globally.

The company has signed a memorandum of understanding with the state government to invest INR 1,200 crore for the design, development and manufacturing of new products and capacity expansion in the electric vehicles space.

English manufacturer Aceleron claims every component of its devices can be accessed for replacement, repair or recycling, with the business’ co-founder stating the aim is to ensure ‘100% of the materials in our batteries will continue to be used for as long as possible – preferably forever.’

Falling battery costs and “surging” renewables penetration make energy storage a “compelling flexible resource in many power systems.”

The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.

The US-based startup, which has a battery production plant in Greater Noida, has landed a deal to supply its swappable lithium-ion battery technology to Hyderabad-based Rap Eco Motors.

The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.