Latest wind power storage news

What is the demand for energy storage facilities in China?

The rapid growth of renewable energy generation has created a large market demand for energy storage facilities. By the end of the first quarter of 2024, the cumulative installed capacity of new energy-storage projects in China had reached 35.3 million kW.

Which battery energy storage projects have been successful in Western Australia?

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender. Energy storage developer Energy Vault is set to fully acquire the 125MW/1GWh Stoney Creek battery energy storage system (BESS) in New South Wales, Australia, from Enervest Group.

How a new energy storage system is developing in China?

Dai Jianfeng, a deputy chief engineer of China Electric Power Planning and Engineering Institute, said the new energy storage in China has been developed through diverse technology routes. According to him, lithium-ion battery is still dominant at present, but the development of compressed air and liquid flow battery is accelerating.

Does Germany have a wind power auction?

Germany’s wind power association flagged “strong participation” in the country’s latest onshore wind auction, as the country awarded power deals to more than 4GW of capacity. Renewable energy co-operative Ripple Energy – which allows customers to co-own wind turbines for discounts on their energy bills – has gone into administration in the UK.

What is new-type energy storage?

This year, “new-type energy storage” has emerged as a buzzword. Unlike traditional energy, new energy sources typically fluctuate with natural conditions. Advanced storage solutions can store excess power during peak generation and release it when needed, enabling greater reliance on renewables as a primary energy source.

Why is China promoting energy storage at the 2025 two sessions?

The buzzword “energy storage” at the 2025 Two Sessions underscores China’s strategic focus on building a resilient, sustainable, and diverse energy system, contributing new efforts to a sustainable global future. The country’s progress in new-type energy storage highlights how innovation can drive both economic and environmental progress worldwide.