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Battery-led storage deployments need to sextuple globally says IEA

Smart Energy International

Despite immense cost cuts and their deployment in the power sector last year more than doubling, batteries need to lead a sixfold increase in global energy storage deployments to enable the world to meet 2030 targets, says the International Energy Agency (IEA). But today, the energy sector accounts for over 90% of overall battery demand.

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UK must support investment in pumped storage hydro, industry tells PM

Envirotec Magazine

Scottish Renewables and the British Hydropower Association have written a joint letter to the Prime Minister calling on the UK Government to urgently support the deployment of long-duration electricity storage, including pumped storage hydro (PSH). The Cruachan pumped storage hydro facility, Argyll and Bute (image credit: Scottish Power).

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Megawatt charging could outshine hydrogen in semis, says report

Envirotec Magazine

As a result, the Megawatt Charging System (MCS), a charging system for large battery electric vehicles, is now being developed. The final publication of the standard and commercial rollout is expected in 2024. The need for on-site energy storage and solar-supplemented solutions is also emphasized to reduce demand charges.

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Kauai to Hit 80% Renewable Power With Solar-Charged Hydro Storage

GreenTechMedia

With several lithium-ion battery installations to shift solar generation into later parts of the day, Kauai has gone for as long as nine hours in a day on entirely renewable electricity production. A small battery next to the solar facility will keep the pumps running smoothly when clouds are blocking the sun.

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Rising battery storage costs: A long-term trend or short term blip?

Business Green

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins in the face of challenging economic headwinds and soaring energy costs worldwide. link] pic.twitter.com/C55UHprYIv.

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NorthVolt’s Battle Plan to Win the Upcoming Battery-Wars

Mr. Sustainability

An introduction to the battery company NorthVolt and its strategy Summary - NortVolt, led by Tesla-Veteran Peter Carlsson, is building the very first European battery gigafactory. What is NorthVolt’s strategy to create a European battery power basis? He came back to build his own battery factory. million jobs, vulnerable.

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SNAP invests in Phillipines energy storage

Smart Energy International

SN Aboitiz Power Group (SNAP), a joint venture between Scatec and AboitizPower (AP), has made the final investment decision for the 20MW battery energy storage system (BESS) project. The project will be located at the Magat hydropower plant in Ramon, Isabela in the Philippines. A first for both partners. EPC and financing.