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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. Solar is cheapest and falling The significant drop in solar power costs, by 23% in 2023, signals the end of supply chain disruptions and inflationary pressures.

Asia 52
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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. In the near term, renewables-plus-storage, especially solar-plus-storage, has become a major driver for battery build.

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Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

It's being marketed as the " Tesla Energy Plan ," and is available to any individual household in this region of 24 million people that has a solar panel system, a grid connection—and a Tesla powerwall, the Palo Alto firm's gigafactory-made 13.5 kWh battery wall unit. For bigger national grids it gets more complicated.

Solar 119
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UNSW, H2Store to develop hydrogen storage for renewables; residential and commercial P2G

Green Car Congress

Researchers at UNSW Sydney (Australia), with partner H2Store , an Australian start-up, have received a $3.5-million Professor Aguey-Zinsou believes that his invention would offer significant advantages over current power storage solutions for home solar systems, such as the Tesla Powerwall battery.

Hydrogen 207
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Power-to-gas trial to inject hydrogen into Australia’s gas grid; A$5M award to AquaHydrex

Green Car Congress

On behalf of the Australian Government, ARENA has provided A$5 million (US$4 million) in funding to Wollongong-based AquaHydrex to develop commercially its new class of electrolyzer to produce cheap hydrogen from splitting water. Storing renewable energy directly in the gas network was a logical first route to market for the invention.

Gas 150
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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral.

Nevada 150