battery

Solar capacity is set for a 17-fold increase globally by 2050 owing to falling technology costs, particularly in battery energy storage, and a decline in the levelised cost of electricity (LCOE), according to a new report from Bloomberg New Energy Finance (BNEF).

Swindon Borough Council has approved planning for a 50MW battery project submitted by its sustainable energy company Public Power Solutions (PPS), which will now seek a developer to build a business case from the front of the meter battery.

North Kesteven District Council has approved a near 50MW solar farm alongside planning consent for a 50MWh battery for Pegasus Group, adjacent to an existing 18MW solar farm.

Green energy firm Anesco has entered into a partnership with Green Hedge Energy UK which will see the two collaborate on the development of the latter’s Energy Barns concept.

BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the same high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.

Solar installers looking into storage applications for commercial properties will need to offer more than just load shifting for them to be viable, Centrica’s Chris Morrison has said.