Energy Storage

The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.

Up to 70% of prospective customers have shied away from owning a rooftop solar system due to lack of readily available information on how to assess various solar options, says Saurabh Marda, co-founder and managing director of Freyr Energy – a Hyderabad-based rooftop solar firm that has completed over 1200 installations in just 5 years since inception in 2014.

The ISTS connected projects—to be developed on ‘build-own-operate’ basis—can be set up anywhere in India for round-the-clock power supply to New Delhi Municipal Council and Dadra & Nagar Haveli. December 3 is the last date for bidding.

The disparity between central and state government renewables policies must be resolved and renegotiating signed PPAs is an absolute no-no, according to the solar business’ bosses.

The Ministry of New and Renewable Energy has suggested minimum 25-year power purchase agreements and also opened up the option of including energy storage in solar-wind hybrid generation projects procured under its public tender regime.

Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.

EU industry body EUROBAT has called for the bloc to adopt a battery industrial strategy and has pushed the claims of domestic manufacturers in the same manner as India has, as the race hots up to dominate the global energy storage market.

The solar battery house—an innovative design by education reformist Sonam Wangchuk—will shelter soldiers of the Indian Army from the extreme Ladakhi winters.

A British study has found co-location of solar and storage may accelerate the deployment of profitable merchant renewable energy projects in the United Kingdom. The report predicts installed solar capacity in the U.K. could increase from around 13 GW next year to 19 GW in 2030 and 32 GW in 2040.

Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.