A renewable energy certificate (REC) is a market-based instrument that represents the property rights to the environmental, social, and other non-power attributes of renewable electricity generation. Solar RECs (SRECs) are created for each megawatt-hour of electricity generated. .
Interconnection standards define how a distributed generation system, such as solar photovoltaics (PVs), can connect to the grid. In some. .
Electric utilities in the United States operate under a variety of market structures, depending upon the states in which they operate.. [pdf]
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New Delhi | 08 May 2024 — In a significant step forward for India’s energy transition, the Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval of India’s first commercial standalone Battery Energy Storage System (BESS) project. [pdf]
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As a pioneer of zero-carbon quality living, Huawei FusionSolar has launched the "Optimizer+Inverter+ESS+Charger+Load+Grid+PVMS" one-fits-all residential smart PV solution with its profound accumulation of photovoltaic and storage technology and the perfect integration of techno-aesthetics and daily life usage. [pdf]
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St. Lucia continues to make progress toward its target of 35% renewables by 2035, says Minister of Infrastructure, Ports, Energy and Labour, Stephenson King. Current projects underway or in the planning stages include a 12 MW wind farm, a 3.2 PV project and a 30 MW geothermal project. [pdf]
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The 5 Latest Innovations in Renewable Energy Storage1. Providing a Second Life for Used Electric Vehicle Batteries Many renewable energy storage innovations involve building systems from scratch. . 2. Integrating Bidirectional Charging Technologies Into Electric Cars . 3. Designing a Modular Dam to Support Renewable Energy Storage . 4. Turning an Industrial Waste Product Into a Storage Option . 5. Developing Additives to Improve Battery Performance . [pdf]
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This report analyses the co-located energy storage market in Europe, examining its growth alongside increasing renewable energy penetration. It provides a detailed overview of co-located storage projects with wind and solar assets across European markets. [pdf]
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TotalEnergies plans to invest €160m ($172.8m) in six new battery storage projects in Germany, totalling 221MW of capacity. The projects have been developed by TotalEnergies affiliate Kyon Energy. Most will utilise next-generation batteries from another TotalEnergies affiliate, Saft. [pdf]
Top five energy storage projects in the US1. Sandia National Laboratories Solar Thermal Facility-Molten Salt Energy Storage System . 2. Morro Bay Battery Energy Storage System . 3. Willow Rock Compressed Air Energy Storage System . 4. Daggett Solar Power Facility – Battery Energy Storage System . 5. FPL Manatee Energy Storage Center – Battery Energy Storage System . [pdf]
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This paper analyzed the lifetime costs of CAES systems using salt caverns and artificial caverns for air storage, and explores the impact of discharge duration, electricity purchasing price, and capital cost on the levelized cost of storage (LCOS). [pdf]
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Thermal energy from the sun can be stored as chemical energy in a process called solar thermochemical energy storage (TCES). The thermal energy is used to drive a reversible endothermic chemical reaction, storing the energy as chemical potential. [pdf]
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Hundreds of millions of dollars are being committed to dozens of battery projects aimed at capturing renewable energy that can be used during off-peak periods when wind and solar power is not being generated. Among the projects is Pacific Green's Limestone Coast North Energy Park in South Australia. [pdf]
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The Equatorial Guinea Energy Storage Project includes the development of a flywheel energy storage frequency regulation power station, which aims to address grid stability challenges amid increasing renewable energy adoption in the country1. Additionally, Equatorial Guinea is constructing the first liquefied natural gas (LNG) storage and regasification plant in West Africa, which will support the monetization of gas resources and the creation of a domestic gas-to-power infrastructure2. Furthermore, a detailed document outlines the Equatorial Guinea Energy Storage Power Station Project, which likely provides more specific information about the project's scope and objectives3. [pdf]
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Over 12.3 GW and 37.1 GWh of energy storage was deployed in the U.S. in 2024, Wood Mackenzie and the American Clean Power Association (ACP) reported. This represents 33% and 34% growth respectively over 2023 totals. Grid-scale storage deployments alone are expected to reach 13.3 GW in 2025. [pdf]
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