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When it goes live in three months, Hyundai's 150-megawatt system will overtake Tesla's 100-megawatt facility in South Australia as the world's largest industrial energy storage system, Independent.ie reported. Sorry, Elon Musk.
With the 1.2-megawatt storage system known as "Batwind" in operation, it will be possible for the first time to store energy produced from an offshore wind farm, developers Masdar and Equinor touted in a press release Wednesday.
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The $800 million (US $634 million) project—struck in February by Tesla CEO Elon Musk and former South Australian Premier Jay Weatherill—involves installing solar panels and batteries on 50,000 homes to function as an interconnected power plant.
London-based Pivot Power unveiled plans to build the world's first national network of grid-scale batteries and rapid-charge stations across the UK to accelerate electric vehicle (EV) adoption and to usher in low-carbon transport.
The ambitious £1.6 billion ($2.1 billion) initiative consists of 50-megawatt batteries constructed at 45 sites around the country and located near towns and major roads. The hubs will be installed at electricity sub-stations to help National Grid manage supply and demand.
The venture, called Nissan Energy Solar, allows homeowners to generate, store and charge EVs with their own renewable energy, which can reduce household energy bills by an estimated 66 percent, the company touts.
Since switching on in December, Tesla's massive battery in South Australia has already drastically lowered prices in the region's frequency and ancillary services market (FCAS) and has taken a major share of that market, Renew Economy reported.
During Australian Energy Week, McKinsey and Co. partner Godart van Gendt boasted about the stunning efficiency of the 100-megawatt Powerpack system, which is connected to Neoen's Hornsdale wind farm.
As a growing number of U.S. cities make pledges towards 100 percent renewables, it's easy to forget that the entire state of Hawaii set this important benchmark three years ago when it mandated that all of its electricity must come from renewable sources no later than 2045.
To help the Aloha State meet this ambitious commitment, in 2015, the University of Hawaii (UH) and the Hawaiian Legislature set a collective goal for the university system to be "net-zero" by Jan. 1, 2035, which means the total amount of energy consumed is equal to the amount of renewable energy created.
Now, the Elon Musk-headed venture is vying to build another massive Powerpack system in Colorado for Xcel Energy Inc., an electric utility operating in eight Western and Midwestern states.
Once finished, the 70-megawatt system will be the largest in the world by far; the current record-holder is the comparatively shrimpy 11.5-megawatt array in India that can power 8,000 homes.