In a new study published September 5 by Nature Communications, the team used K-Na/S batteries that combine inexpensive, readily-found elements -- potassium (K) and sodium (Na), together with sulfur (S) -- to create a low-cost, high-energy solution for long-duration energy storage. [pdf]
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According to Bloomberg New Energy Finance, the global energy storage market is expected to grow six-fold to more than 2 TWh by 2030. Annual deployments are expected to grow by an average of 21% per year and triple by 2030. [pdf]
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Among the top 10 global battery manufacturers (power + energy storage) in 2024, six are Chinese companies: CATL, BYD, EVE Energy, CALB, Gotion High-Tech, and Sunwoda. Three South Korean companies—LG Energy Solution, Samsung SDI, and SK On—along with Japan’s Panasonic also made the list. Part 1. [pdf]
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Battery energy storage systems (BESS) offer sustainable and cost-effective solutions to compensate for the disadvantages of renewable energies. These systems stabilize the power grid by storing energy when demand is low and releasing it during peak times. [pdf]
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Long duration energy storage is key for high shares of solar PV and wind energy in the region. An open-access, integrated water and energy system model of Central Asia is developed. Central Asia's energy transition to a high share of renewable energy by 2050 is analyzed. [pdf]
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The project’s development objective is to support the government of The Gambia (GoTG) in piloting the implementation of a sustainable solar and battery energy storage system (BESS) competitive bidding process to attract investments from the private sector with a Private Public Partnership (PPP). [pdf]
From battery technology improvements to large-scale grid integration, energy storage is essential to the global transition toward a low-carbon future. The increasing adoption of renewable energy sources like solar and wind has led to a pressing need for effective energy storage solutions. [pdf]
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The report has declared CATL, EVE Energy and BYD as the front runners in the race for 2024. In 2023, BYD was ranked at No.2. According to InfoLink’s Global Energy Storage Supply Chain Database, global energy storage cell shipments totaled 314.7 GWh in 2024, up 60% YoY. [pdf]
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As of 2020, renewables - including wind, solar, biofuels, geothermal, and hydro power - comprise roughly 77% of Nicaragua's total energy supply, with oil providing the remaining 23%. Fossil fuels play a slightly larger role in electricity generation, accounting for 30.2% of the national total in. .
Nicaragua has one of the lowest CO2 emissions rates in Latin America, with 0.8 metric tons per capita in 2018. Nicaragua refused to sign the Paris climate. .
Nicaragua does not produce oil. The country ranks 115th for oil consumption globally, consuming 37,000 barrels daily during 2016 (approximately 0.25. [pdf]
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New Delhi | 08 May 2024 — In a significant step forward for India’s energy transition, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India’s first commercial standalone Battery Energy Storage System (BESS) project. [pdf]
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New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and supercapacitor systems but not pumped hydro, which uses water stored behind dams to generate electricity when needed. [pdf]
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St. Lucia continues to make progress toward its target of 35% renewables by 2035, says Minister of Infrastructure, Ports, Energy and Labour, Stephenson King. Current projects underway or in the planning stages include a 12 MW wind farm, a 3.2 PV project and a 30 MW geothermal project. [pdf]
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The scheme, funded through the ‘THALIA 2021-2027’ Cohesion Policy Programme and the Just Transition Fund, targets approximately 150MW of storage capacity with total storage capabilities of around 350 MWh. [pdf]
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