The small island nation of Palau in the western Pacific Ocean has moved a step closer to having what is said to be the largest ever microgrid spanning diesel, solar and battery energy storage.
New York plans to incentivise commercial and industrial (C&I) solar-plus-storage projects, kicking off by making US$40 million funding available to support 50MW of storage paired with solar from early November.
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
The first ever wind and solar hybrid project in India, completed in April 2018, is to be retrofitted with energy storage after strong winds this year led to a curtailment of solar production.
The European Commission’s decision to end the minimum import price (MIP) on solar imports from China sends the wrong message about Europe’s future support of the battery storage industry, according to a key figure at French power giant, Total.
France-based investment company Meridiam has acquired a 60% stake in HDF Energy’s hybrid 55MW solar PV and 140MWh hydrogen-based energy storage project, coupled with battery backup storage, in western French Guiana.
Masdar, Abu Dhabi Future Energy Company, has partnered with the Public Utilities Corporation (PUC) of the Seychelles to build a 5MW solar PV plant with 5MW / 3.3MWh of battery storage.
Sweden’s first commercial wind power developer Eolus has entered the US solar-plus-storage market, announcing the acquisition of a mega-project currently in development.
Hanergy Thin Film Power Group has signed a US$130 million, 100MW supply deal with Japanese firm, Forest Group to supply its ‘HanTile’ thin-film solar roof tile systems in the Japanese market.
Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.