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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

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Hydro-Québec has launched EVLO Energy Storage Inc. EVLO ), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. EVLO systems also include power control and energy management software. Energy storage will play a crucial role in the energy transition.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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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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AREVA and Schneider Electric sign a strategic partnership agreement on grid energy storage using hydrogen fuel cells

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AREVA and Schneider Electric have signed a strategic partnership agreement to develop energy management and storage solutions based on hydrogen fuel cell technology. AREVA will provide the Greenergy Box , an energy storage solution made with an electrolyzer and fuel cell. This technology has been operational since 2011.

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Nissan office in France to house largest grid-integrated EV system yet

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Nissan’s new regional office in France will house the largest grid-integrated electric vehicle (EV) system and second-life battery storage unit yet installed in a building, anywhere. The new energy management system will also decrease the amount of contracted power consumed from the local electricity supplier.

France 150
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Bloom Energy announces hydrogen-powered energy servers to make always-on renewable electricity a reality

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Bloom Energy, a developer of solid oxide fuel cell power generators, announced the ability of its Energy Servers to operate on renewable hydrogen. Current Bloom Energy Servers generate electricity using natural gas or biogas as fuel.

Renewable 305
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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

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Ballard Power Systems has signed a product development agreement with Hydrogene de France ( HDF Energy ), an independent power producer dedicated to renewable power generation, for the development and integration of a multi-megawatt (MW) scale fuel cell system into HDF Energy’s Renewstable power plant designed for stationary power applications.

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