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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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Through the JuiceNet platform, these facilities can be remotely controlled and aggregated for grid balancing purposes relying on unidirectional and bidirectional (vehicle-to-grid, V2G) electricity flows. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina.

Grid 170
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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). These nine markets will represent two thirds of the installed capacity by 2040.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). Europe— even with additional upside from recent policy advances—the Middle East and Africa are set to lag behind their counterparts.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. trillion of that going to wind and solar and a further $1.5

Wind 220
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This Nigerian Startup’s Minigrid Began as a School Project

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That incident—as well as Orajaka’s new fascination with renewable energy technologies, specifically solar—changed his career trajectory. He began researching how solar energy technology worked. Based on what he learned, he and three classmates built a solar-powered 6-kilowatt minigrid that supplied power to about 60 homes in a village.

Nigeria 71
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Daimler and partners deploying world’s largest 2nd-life EV battery storage unit for grid support

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With an increasing supply of electricity from fluctuating renewable energies, such as wind farms or solar power stations, they can help stabilize power grids, levelling out energy fluctuations with virtually no loss—a role that is partly fulfilled by fossil power plants at present.

Grid 150
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

Coal 243