- The Cerro Dominador group is working with strong construction partners on its Likana CSP project to cut costs and beat gas plant prices, buoyed by progress at its first plant in Chile, Fernando Gonzalez, CEO of Cerro Dominador, told the CSP Madrid 2019 conference.
Record US solar-storage bids reveal bullish technology, income outlooks
Feb 14, 2018
Record-low bids and surging demand for solar plus storage in Colorado show developers expect sharp cost reductions and multiple revenue streams that are replicable in other states, analysts said.
Orsted, Statoil to reveal offshore storage potential from early 2018
Nov 22, 2017
UK offshore battery projects set to be commissioned by Orsted and Statoil in early 2018 will generate valuable data on the revenue streams and right-sizing of energy storage installations, project directors told New Energy Update.
US solar boom set to make PV with storage cost competitive by 2020
Oct 25, 2017
Falling costs and rising solar penetration could see the economics of PV plus storage projects overtake stand-alone PV in the coming years as the demand for solar 'peak shifting' and frequency response grows, a new study says.
E.ON Texas wind battery gains point to expanding storage openings
Oct 25, 2017
E.ON has used falling battery prices and supply chain learnings to lower the cost of its Texas Waves projects as market-driven applications spur storage sector growth, Mark Frigo, E.ON Vice President, Head of Energy Storage, North America, told New Energy Update.
Siemens eyes low-cost long-duration energy storage with new thermal system
Oct 26, 2016
Siemens is developing a thermal energy storage system for renewable energy integration that could deliver some of the cheapest solution in the high-power, high-capacity and long-duration energy storage range.
UK’s 200 MW grid storage tender flooded by battery bid interest
Nov 20, 2015
A 2016 tender being planned by UK’s National Grid utility could expand the UK grid-connected electrical energy storage market by 40 times its 2013 level and has seen major interest from battery developers.