Research reveals G20 needs over 3,500 GW of flexibility to enable 100% renewable electricity, as Wärtsilä launches grid balancing technology
The technology group Wärtsilä has today launched grid balancing technology - capable of ramping up to 10+ MW in two minutes - to bridge utilities to a 100% renewable energy future at the lowest cost. The launch comes as the company has highlighted a striking need to scale up flexibility worldwide, with G20 countries requiring 3,526 GW of flexible assets, in the form of energy storage and flexible gas technology, to enable their energy systems to run on 100% renewable electricity.The capacity nee...
Yotta Energy Teams Up with Flex to Manufacture PV-Coupled Energy Storage System
Partnership will accelerate time to market for cost-effective, panel-level energy storage technology AUSTIN, Texas and SAN JOSE, Calif. – March 30, 2021 – Yotta Energy, a groundbreaking solar-plus-storage solution provider, today announced that it has selected Flex (NASDAQ: FLEX), as its manufacturing partner for the production of its PV-Coupled™ energy storage system. This partnership will allow Yotta to rapidly scale its technology for commercial and industrial markets. “F...
COVID-19 and sustainability among top themes set to impact power industry in 2021, according to GlobalData
COVID-19 and sustainability will continue to heavily impact the power industry, according to data and analytics company GlobalData, which has identified the top 20 themes set to have the most influence on the sector. GlobalData’s report, ‘Power Predictions 2021 – Thematic Research’, also identifies the other key themes that will shape the industry in 2021, such as hydrogen, renewable energy, electric vehicles (EVs), energy storage, technology diversification and mergers and acquisitions (M&A)...
Wärtsilä Gas conversion will provide greater plant efficiency and flexibility with reduced environmental impact for Taiwan energy provider
As part of the conversion project, Wärtsilä will change three Wärtsilä 46 engines to Wärtsilä 50DF dual-fuel engines in Ta-Yuan Cogen’s cogeneration plant in Taoyuan City, Taiwan. © Ta-Yuan Cogen The technology group Wärtsilä will carry out the conversion of a Taiwanese power plant from its current reliance on heavy fuel oil (HFO) to operate on natural gas. The project is being carried under a full engineering, procurement, and construction contract issued by the plant owner Ta-Yuan...
Veolia North America to lead next phase of innovative Rialto microgrid project, powering its future with innovation and sustainability
RIALTO, Calif. -- The City of Rialto, in partnership with Rialto Water Services and Veolia North America, have announced their joint commitment to the next phase of an ambitious plan to design and install a microgrid powered through a unique combination of biogas cogeneration, solar power and backup battery storage to supply electricity for the city’s wastewater treatment plant. The innovative project, one of the first of its kind in California, is meant to bring the city greater energy...
Crowley, ESVAGT to Partner to Add Vessel and Service Capacity for the U.S. Offshore Wind Industry
JACKSONVILLE, Fla. – U.S.-based Crowley and Danish shipping company ESVAGT announced plans today to directly bolster purpose-built, Jones Act vessel availability in support of the emerging offshore wind energy market through a joint venture. The partnership will bring together two leading maritime solutions providers to serve the emerging industry. Consistent with the requirements of the U.S. Jones Act, Crowley will own and operate the vessels with its highly trained U.S. mariners, while Cr...
Fast-Track Energy Transitions to Win the Race to Zero
World Energy Transitions Outlook outlines global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050 Abu Dhabi, UAE, 16 March 2021 – Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate the world of energy of the future. Previewed at the Berlin Energ...
Utility Companies Look For Options to Assist Consumers
EnergyX Solutions, a leader in the building retrofitting movement, explains why retrofitting is the best long-term solution TORONTO, Canada – People want to save money on their utility bills, and utility companies want to help consumers find ways to do just that. Even so, there are only so many things one can do when it comes to behavior modification that will result in energy savings. As more utility companies continue to look for options to provide to their customers, many will be tur...
Wärtsilä to supply and maintain two major interconnected energy storage systems for Texas grid services
200MW of energy storage systems to enable continued growth of wind and solar in the ERCOT market by providing balancing and grid quality services © Wärtsilä Corporation. The technology group Wärtsilä will supply its advanced energy storage technology for two major projects in southern Texas, USA. The interconnected stand-alone systems will have a combined rated capacity of 200 MW. Wärtsilä has also signed ten-year guaranteed asset performance agreements for the installations. The order wa...
APAC will lead global battery energy storage market over next four years, says GlobalData
Asia-Pacific (APAC) was the largest market for battery energy storage systems in 2020, accounting for 49.9% of the global market installed capacity. The region is expected to maintain its top position in the forecast period up to 2025, as well as its market share of approximately 53.5% in 2025, followed by Europe, Middle East and Africa (EMEA) and the Americas, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Battery Energy Storage System, Update 2021 – Glo...