Storage

An executive order in Hawaii is seeking to accelerate distributed solar and storage deployment in the face of federal-level policy uncertainty.

As storage capacity installation grew in double digits during Q4 2024, added solar PV grew by 6% year-on-year to 242MW in Q4 2024.

The Australian government has opened a consultation into the upcoming Western Australia Capacity Investment Scheme (CIS) tender design.

Indian power conglomerate Tata Power has signed a memorandum of understanding (MoU) with the Indian government of Assam to build up to 5GW of renewables.

The Dubai Electricity & Water Authority (DEWA) has launched an expression of interest (EOI) seeking up to 2GW of solar PV and 1GW of BESS.

The US Energy Information Administration (EIA) has forecast 63GW of new utility-scale additions in 2025, led by solar PV.

Even if added later, storage should not be overlooked in the design and building phase when co-locating with solar PV, write Grant Reasor, Joshua Tucker and Dan Rollins Burns & McDonnell.

The Indian Central Electricity Authority has advised state utilities and all renewable energy implementing agencies to co-locate energy storage systems with solar PV in future tenders.

Renewable energy and battery storage assets are best thought of as 'two business units sharing an address'.

Individual market dynamics and appetite for risk play an important role in the effectiveness of co-location as a hedge for renewable assets.