Energy storage

Worldwide Thermal Energy Storage Industry to 2025 - Featuring Abengoa, Baltimore Aircoil & Brightsource Energy Among Others

Friday, October 23, 2020 - 8:45pm

The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.

Key Points: 
  • The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.
  • The rising number of CSP projects across globe are driving demand for thermal energy storage.
  • The latent heat storage segment is expected to be the fastest-growing of the thermal energy storage market, by technology, during the forecast period.
  • Americas is the fastest-growing market for the thermal energy storage market.

Battery Energy Storage System Market by Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Geography - Global Forecast to 2025

Thursday, October 22, 2020 - 9:30pm

The global battery energy storage system market size is expected to grow at a CAGR of 32.8% from 2020 to 2025, reaching USD 12.1 billion by 2025 from USD 2.9 billion in 2020.

Key Points: 
  • The global battery energy storage system market size is expected to grow at a CAGR of 32.8% from 2020 to 2025, reaching USD 12.1 billion by 2025 from USD 2.9 billion in 2020.
  • Lithium-ion energy storage systems allow increased energy storage, thereby enabling low-cost wind and solar energy to enter grids.
  • The on-grid connection type segment is expected to hold a significant share of the battery energy storage system industry during the forecast period.
  • The battery energy storage system industry in APAC is expected to grow at the highest CAGR from 2020 to 2025.

Thermal Energy Storage Market by Technology, Storage Material, Application, End-user and Region - Global Forecast to 2025 - ResearchAndMarkets.com

Thursday, October 22, 2020 - 1:26pm

The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.

Key Points: 
  • The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.
  • The rising number of CSP projects across globe are driving demand for thermal energy storage.
  • The latent heat storage segment is expected to be the fastest-growing of the thermal energy storage market, by technology, during the forecast period.
  • Americas is the fastest-growing market for the thermal energy storage market.

Sterling and Wilson to Build Solar Storage Hybrid Power Plant in Niger

Thursday, October 22, 2020 - 12:39pm

LAGOS, Nigeria, Oct. 22, 2020 /PRNewswire/ -- Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, today announced that its Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.

Key Points: 
  • LAGOS, Nigeria, Oct. 22, 2020 /PRNewswire/ -- Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, today announced that its Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.
  • The consortium will also be responsible for a two-year operation and maintenance (O&M) service of the power plant.
  • Speaking on the occasion, Mr. Deepak Thakur, CEO Hybrid & Energy Storage, Sterling and Wilson, said, "We are extremely delighted to have secured another prestigious opportunity in Africa after successfully commissioning Nigeria's first solar storage hybrid power plant, which is also Africa's largest battery energy storage system.
  • About Sterling and Wilson Pvt Ltd.
    Sterling and Wilson Pvt Ltd (SWPL) is one of India's leading engineering, procurement and construction (EPC) company.

Sterling and Wilson to Build Solar Storage Hybrid Power Plant in Niger

Thursday, October 22, 2020 - 12:35pm

LAGOS, Nigeria, Oct. 22, 2020 /PRNewswire/ -- Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, today announced that it's Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.

Key Points: 
  • LAGOS, Nigeria, Oct. 22, 2020 /PRNewswire/ -- Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, today announced that it's Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.
  • The consortium will also be responsible for a two-year operation and maintenance (O&M) service of the power plant.
  • Speaking on the occasion, Mr. Deepak Thakur, CEO Hybrid & Energy Storage, Sterling and Wilson, said, "We are extremely delighted to have secured another prestigious opportunity in Africa after successfully commissioning Nigeria's first solar storage hybrid power plant, which is also Africa's largest battery energy storage system.
  • About Sterling and Wilson Pvt Ltd.
    Sterling and Wilson Pvt Ltd (SWPL) is one of India's leading engineering, procurement and construction (EPC) company.

DGAP-News: ElringKlinger fuel cell stacks for logistics centers and ports

Thursday, October 22, 2020 - 11:02am

In this context, ElringKlinger AG has supplied three fuel cell stacks to Dutch system integrator zepp.solutions B.V.

Key Points: 
  • In this context, ElringKlinger AG has supplied three fuel cell stacks to Dutch system integrator zepp.solutions B.V.
  • The high power density of ElringKlinger's fuel cell stacks proved a key factor with regard to the selection process and the potential areas of use.
  • On the basis of these stacks, zepp.solutions is capable of developing an extremely compact and highly efficient fuel cell system for various heavy-duty applications.
  • Additionally, ElringKlinger has provided zepp.solutions with a fuel cell stack with 300 cells, including hydrogen recirculation unit.

Chart Industries To Participate in U.S. Department of Energy H2@Scale Project

Thursday, October 22, 2020 - 11:00am

ATLANTA, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Chart) (NASDAQ: GTLS) today announced their participation in a U.S. Department of Energy project, Demonstration and Framework for H2@Scale in Texas and Beyond.

Key Points: 
  • ATLANTA, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Chart) (NASDAQ: GTLS) today announced their participation in a U.S. Department of Energy project, Demonstration and Framework for H2@Scale in Texas and Beyond.
  • The project is supported by DOEs Hydrogen and Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy.
  • It is the first time that both sources of renewable hydrogen will be used in the same project.
  • Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets.

DGAP-News: SFC Energy joins the Bundesverband Verkehrssicherheitstechnik e. V.

Thursday, October 22, 2020 - 7:02am

SFC Energy joins the Bundesverband Verkehrssicherheitstechnik e. V.

Key Points: 
  • SFC Energy joins the Bundesverband Verkehrssicherheitstechnik e. V.
    The issuer is solely responsible for the content of this announcement.
  • SFC Energy joins the Bundesverband Verkehrssicherheitstechnik e. V.
    Brunnthal/Munich, Germany, October 22, 2020 - SFC Energy AG ( F3C:DE , ISIN: DE0007568578 ), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, is the latest member of the Bundesverband Verkehrssicherheitstechnik e. V. (BVST).
  • As a pioneer in direct methanol and hydrogen fuel cell technology, SFC Energy fully shares this maxim.
  • We are looking forward to an enriching dialogue and new perspectives," says Dr. Peter Podesser, CEO of SFC Energy AG.

Highview Power and Enlasa Enter Joint Venture to Develop Giga-Scale Cryogenic Energy Storage Projects in Chile and Latin America

Wednesday, October 21, 2020 - 2:00pm

Highview Power , a global leader in long duration energy storage solutions, has entered into a joint venture agreement with Energa Latina S.A.-Enlasa , the largest backup power generation provider in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and other Latin American markets.

Key Points: 
  • Highview Power , a global leader in long duration energy storage solutions, has entered into a joint venture agreement with Energa Latina S.A.-Enlasa , the largest backup power generation provider in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and other Latin American markets.
  • The joint venture, named Highview Enlasa, will help to open Latin American energy markets to baseload renewable energy potential.
  • Highview Powers long duration energy storage system, paired with renewable energy sources, are equivalent in performance to thermal and nuclear power.
  • Highview Power is a designer and developer of the CRYOBattery, a proprietary cryogenic energy storage system that delivers reliable and cost-effective long duration energy storage to enable a 100 percent renewable energy future.

Gaumer Process Delivers an Environment Friendly, Emission-free "Indirect Electric Water Bath Heater"

Wednesday, October 21, 2020 - 1:32pm

HOUSTON, Oct. 21, 2020 /PRNewswire/ --Gaumer Process, a technology leader in electric process heating and fuel gas conditioning system, has been refining the design of indirect electric heating and now offers a clean, quiet and green alternative to the "gas" fired heaters by launching the "Indirect Electric Water Bath Heater"for hazardous and non-hazardous area locations.

Key Points: 
  • HOUSTON, Oct. 21, 2020 /PRNewswire/ --Gaumer Process, a technology leader in electric process heating and fuel gas conditioning system, has been refining the design of indirect electric heating and now offers a clean, quiet and green alternative to the "gas" fired heaters by launching the "Indirect Electric Water Bath Heater"for hazardous and non-hazardous area locations.
  • "Gaumer's in-house capabilities, care for the environment and hunger for innovation made it possible to add this milestone to meet growing demands for a safe, emission free and a green product in the indirect heating market," said Mark Crosby, VP of Sales, Applications & Engineering.
  • "This achievement reflects that Gaumer Process is committed to expand its heating technology with environment, safety, quality and regulation compliance, as the cornerstones for further development," said Gaurav Dhingra, President of Gaumer Process.
  • The indirect electric water bath heater, along with myriad of options, is readily available to all customers from our world-class facility in Houston, Texas.