Tag: StorageFeatured

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.

Tesla’s Battery Revolution Just Reached Critical Mass

Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects.

Making Money with Batteries

Venture capital investments in the energy storage sector topped $175 million in the first half of 2016, according to Mercom Capital Group, whose analysis shows that lithium-ion and sodium-based batteries received the lion’s share of that money.