While we’re waiting to get started up for what looks like being a busier year than ever in 2022, let’s look back as we reveal the most-read blogs and features for 2021.
What does it take to build (and maintain) solar in MENA s harsher climes? pv-tech.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-tech.org Daily Mail and Mail on Sunday newspapers.
Consultant
What are the best ways to match up long-duration energy storage technologies to applications and revenues? And what is ‘longer-duration’ storage and when will we need it? Florian Mayr and Dr Fabio Oldenburg at Apricum - The Cleantech Advisory offer some perspectives. This is a short extract of an article which originally appeared in Vol.26 of PV Tech Power, our quarterly journal and can be found in the Storage & Smart Power section contributed to each edition by the team at Energy-Storage.news.
Between five and more than 1,000 hours of energy discharge – that’s what the term “long-duration energy storage” encompasses in the industry today. It’s a very broad definition that covers a wide array of storage technologies and use cases.
IHS Markit: Global Investment in Renewables to Bounce Back in Coming Year to Pre-COVID Levels
Global capex spending on renewables is poised to bounce back in 2021, rising 8.5% to $255 billion in line with 2019 levels, according to Roger Diwan, vice president, financial services and the IHS Markit Energy Advisory Service.
Annual spending is expected to remain at those levels through 2025. This adds up to a $1.3 trillion cumulative 2021-2025 spend a 9% increase over cumulative capex in 2015-2019.
At the same time, sharply declining capital costs across renewable technologies mean that just a 9% increase in spending will be associated with a 45% increase in cumulative gross renewable capacity additions in 2021-2025 vs. 2015-2019.