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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.

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Kokam deploys 30 MW, 11.4 MWh energy storage system in Australia

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Ltd, successfully deployed for Alinta Energy, a leading Australian utility, a 30-megawatt (MW) system / 11.4-megawatt megawatt hour (MWh) Energy Storage System (ESS), the largest lithium-ion battery deployed for industrial application in Australia. Operational since April 2018, the ESS consists of five 2.2

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GM makes its largest green energy purchase to date; 50 MW wind deal

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General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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SMUD Board of Directors adopts climate emergency declaration; carbon neutrality by 2030

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In 2018, SMUD successfully reduced greenhouse gas emissions by 50% from 1990 levels, the equivalent of removing 377,000 vehicles from the road. SMUD also helped grow the local market for solar development by providing $130 million in customer incentives to install solar on more than 15,000 local rooftops.

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India’s first grid-connected li-ion battery-based energy storage system

Electric Vehicles India

India’s first grid-connected li-ion battery-based energy storage system. MWh battery energy storage system will provide a better solution of power backup to preferential consumers in case of a grid outage. The TPDDL’s Rani Bagh substation of 0.52 Exide Industries & Leclanche SA joint venture . Tata Power

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World Bank Group: mineral production to soar as demand for clean energy increases

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It estimates that more than 3 billion tons of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage, to achieve greenhouse gas emission reductions sufficient to achieve a below 2°C future.

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