Tag: storage

Parked Electric Cars Earn $1,530 From Europe’s Power Grids

Electric car owners are earning as much as $1,530 a year just by parking their vehicle and feeding excess power back into the grid. Trials in Denmark carried out by Nissan Motor Co. and Italy’s biggest utility Enel SpA showed how batteries inside electric cars could help balance supply and demand at times and provide a new revenue stream for those who own the vehicles.

Do You have a Favorite Insurance? For Pharma, it May be Microgrids

A large pharma company recently came to me to discuss energy supply and its need for guaranteed electricity.  The company had to take out expensive insurance to cover a power failure event that could interrupt their production line. Why is this a big deal? We’ve all lost refrigeration for a few hours.

After talking with the company, it became clear that a power loss lasting only 1 minute can result in a major economic hit because much of the pharmaceuticals are made in large batches to amortize the costs, and increase production.  With a power loss, it’s not just a temporary interruption, it’s a lost batch.  And the market value of a lost batch can easily reach millions of dollars. 

The Energy Sector Needs to Adapt to Millennials—Not Vice Versa

As interns at Environmental Defense Fund, we’ve been tapped as resident experts on surviving on college budgets, social media, and all things Millennial. Research tells us Millennials are the largest living generation. So, as clean energy interns this summer, we’ve learned that gives us much power to change the game for the energy sector. But in unexpected ways.

 

Queensland Opens Registrations for 100 MW Energy Storage Auction

The Queensland Labor government has kicked off its large-scale energy storage auction, calling for early registration of companies wishing to tender for the installation of up to 100 MW of energy storage before 2020, alongside 400 MW of new solar and wind farms. The Renewables 400 auction was officially launched on Monday, as a key plank of the Palaszczuk government’s Powering Queensland Plan — an AU $1.6 billion scheme, first unveiled in June, to help the state meet its 50 percent renewable energy target by 2030.

Queensland Opens Registrations for 100 MW Energy Storage Auction

The Queensland Labor government has kicked off its large-scale energy storage auction, calling for early registration of companies wishing to tender for the installation of up to 100 MW of energy storage before 2020, alongside 400 MW of new solar and wind farms. The Renewables 400 auction was officially launched on Monday, as a key plank of the Palaszczuk government’s Powering Queensland Plan — an AU $1.6 billion scheme, first unveiled in June, to help the state meet its 50 percent renewable energy target by 2030.

Germany to Take on Tesla With Gigafactory Rival

German executives are preparing to announce a new home for a lithium-ion battery plant designed to rival the output at Tesla Inc.’s Gigafactory. Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month to build its 34 GWh battery factory, Frankfurt-based CEO Holger Gritzka said in an interview.

Germany to Take on Tesla With Gigafactory Rival

German executives are preparing to announce a new home for a lithium-ion battery plant designed to rival the output at Tesla Inc.’s Gigafactory. Terra E Holding GmbH will choose one of five candidate sites in Germany or a neighboring country next month to build its 34 GWh battery factory, Frankfurt-based CEO Holger Gritzka said in an interview.

Siemens Financial Offers ‘Outcome-based’ Financing for Energy Storage

A new offering from Siemens Financial Services (SFS) could give potential customers in the UK an avenue to access Siemens’ energy storage technology, SIESTORAGE, without committing capital up front.

Using SIESTORAGE technology companies can defer electricity purchases from peak times to cheaper periods. The modular system, which is based on Lithium-ion battery technology, typically suits customers with on-site consumption of between 1 MW and 100 MW, according to SFS.

Just Add Solar: Building Africa’s Largest Thermal-Solar PV Hybrid Power Plant

Finnish technology group Wärtsilä is set to deliver a 15-MW solar PV plant in Burkina Faso — creating Africa’s largest thermal-solar PV hybrid power plant. The solar PV development will be integrated with an existing 55-MW Wärtsilä thermal plant (running on heavy fuel oil), to power IAMGOLD’s Essakane Mine, 330km northeast of the Burkina Faso’s capital, Ouagadougou.

3@3 on Solar PV: Trade Case, GMP, Smart Inverters

Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics an update on 201, aka the fast-tracked trade case against China, Green Mountain Power’s innovative off-grid program and how smart inverters could change the game for residential and commercial solar + battery owners. Check it out!