Natron Energy begins commercial-scale production of SIBs at its Michigan facility

India Energy Storage Alliance

Source: Natron Energy

Sodium-ion battery (SIB) technology firm Natron Energy has announced the start of commercial-scale operations at its sodium-ion battery manufacturing facility in Holland, Michigan, marking first-ever commercial-scale production of sodium-ion batteries in the United States. The…
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Source: https://etn.news/iesa-contacts-menu/7070-natron-sodium-ion-battery-manufacturing-michigan-facility

Schneider Electric launches new storage systems for microgrids – pv magazine India

The France-based group said its has released two new BESSs with enclosures of 7ft and 20ft. Their power ranges from 60 kW to 500 kW. May 1, 2024 Lior Kahana Schneider Electric’s all-new Battery Energy Storage System has been tested and validated to work with EcoStruxure Microgrid Flex, a faster-to-implement standardized microgrid system designed to meet resilience, energy efficiency, and sustainability needs.Image: Schneider ElectricFrench multinational energy management company Schneider…
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Source: https://www.pv-magazine-india.com/2024/05/01/schneider-electric-launches-new-storage-systems-for-microgrids/

Energy Storage Must Expand Six-Fold by 2030 to Enable Renewable Boom: IEA

Energy storage infrastructure needs to expand by at least six times the current capacity if the world wants to triple renewables capacity by 2030 while maintaining electricity security, a new report from the International Energy Agency (IEA) said, adding that falling costs of batteries have accelerated energy storage deployment globally. The IEA’s first comprehensive analysis of the battery ecosystem found that deployment of batteries soared in 2023, especially in the power sector, where…
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Source: https://www.mercomindia.com/energy-storage-must-expand-six-fold-enable-renewables

Envision Energy inks WTG, other green technologies deal with Hero Future Energies

Envision Energy, a leading green technology provider earlier today (April 30) announced that it has signed an agreement with Hero Future Energies across multiple areas of the renewable energy sector, including the supply of wind turbine generators and other technologies such as battery storage and green hydrogen.The landmark framework agreement also includes Envision providing 588 MW (178 units of EN 156-3.3 MW wind turbine generators), producing 2,200 GWh of clean energy annually,…
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Source: https://etn.news/iesa-contacts-menu/7068-envision-energy-inks-wtg-other-green-technologies-deal-with-hero-future-energies

Envision Energy inks WTG, other green technologies deal with Hero Future Energies

Envision Energy, a leading green technology provider earlier today (April 30) announced that it has signed an agreement with Hero Future Energies across multiple areas of the renewable energy sector, including the supply of wind turbine generators and other technologies such as battery storage and green hydrogen.The landmark framework agreement also includes Envision providing 588 MW (178 units of EN 156-3.3 MW wind turbine generators), producing 2,200 GWh of clean energy…
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Source: https://etn.news/energy-storage/envision-energy-inks-wtg-other-green-technologies-deal-with-hero-future-energies?format=amp

Philippines to add 2GW of installed solar capacity in 2024

Meanwhile, at least 590MW of battery energy storage systems (BESS) will come online this year, with 32.42MW already operational.
As of late April, 161.2MW of all power sector projects coming online this year are now in full commercial operation, while 835.9MW are under the testing and commissioning stage. Baseload plants comprise around 678MW, while mid-merit plants and peaking plants have capacities of 1,320MW and 2,163MW respectively. 
The Philippines had about 2.3GW of operating…
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India’s Energy Landscape Set To Transform With Solar PV & Battery Storage: IEA

New Delhi, Apr 30 (KNN) According to a report by the International Energy Agency (IEA), India is poised to become the world’s third-largest market for utility-scale batteries by 2030, with capacity additions projected to skyrocket to nearly 9 GW over the next seven years.

This remarkable growth is fuelled by cost reductions and the government’s ambitious targets for renewable energy integration.

The report highlights that the combination of solar photovoltaic (PV) and battery…
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Source: https://knnindia.co.in/news/newsdetails/sectors/indias-energy-landscape-set-to-transform-with-solar-pv-battery-storage-iea

India to Become Third-Largest Market for Utility-Scale Batteries by 2030: IEA

India could become the world’s third largest market for utility-scale batteries, with capacity additions expected to rise to 9 GW by 2030, fuelled by the cost competitiveness of solar photovoltaics (PV) coupled with battery storage, according to a recent report from the International Energy Agency (IEA). The rapidly declining cost of utility-scale batteries is a driving force behind the solar-plus-storage surge. The IEA’s report highlights that global average costs for four-hour…
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Source: https://www.mercomindia.com/india-third-market-utility-batteries-iea

Global ES market to register 21% CAGR to 137 GW/ 442 GWh by 2030: BNEF

Image for representation purposes only. Source: Shutterstock

Bloomberg NEF’s latest 2024 first-half edition of ‘Global energy storage outlook’ report has estimated that the global energy storage deployments is set to add more than 100 GWh of capacity this year for the first time ever. In 2023, the global net addition of capacity was 45 GW/ 97 GWh excluding pumped-hydro energy storage, meaning the new additions were largely of battery…
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Source: https://etn.news/iesa-contacts-menu/7064-global-energy-storage-market-2024-bloomberg-nef-report

India may become 3rd largest market for utility-scale batteries by 2030: IEA

India is likely to become the world’s third-largest market for utility-scale batteries by 2030 with capacity additions projected to accelerate considerably over the next seven years to reach nearly 9 GW, supported by cost reductions, according to a report by IEA (International Energy Agency).Also read: India adds 24 GW of solar PV manufacturing capacity in 2023: ReportSolar PV plus battery storage is already more cost-competitive than coal in India, a trend expected to continue. The…
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Source: https://www.thehindubusinessline.com/economy/india-may-become-3rd-largest-market-for-utility-scale-batteries-by-2030-iea/article68121799.ece/amp/