Co-location

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.

Co-located solar and battery projects are among the most cost-competitive power sources, according to speakers at the Energy Storage Summit.

Growing hybridisation and co-location of renewable power projects and storage facilities could strengthen revenue in Europe’s power sector.

Nicolas Rochon and Mathilde Ketoff tell PV Tech Premium that ensuring strong margins are of paramount importance for the rooftop solar sector.

Maintaining a varied approach for solar and storage projects could add a valuable aspect of flexibility, according to panelists at LSSCEE.

The 360MW Mortlake solar-plus-storage project in Victoria, Australia, is the latest large-scale renewable energy project to be fast-tracked for development by the state government.

The UK and the Ireland I-SEM are also top markets for renewables and battery energy storage systems (BESS) co-location in Europe.

Ørsted has commissioned its Helena Energy Center in the US state of Texas, a 518MW co-located solar and wind project.