**Exciting developments are on the horizon for the Port of Long Beach.** A significant draft study has been released concerning a 70-megawatt battery energy storage system (BESS) proposed by Pier S Energy Storage LLC. This project is set to occupy 2.9 acres at 2665 Pier S Lane, currently a privately owned power generation site.**The California Public Utilities Commission has mandated these advancements to enhance the reliability of the state’s electric grid amid the shift towards renewable energy.** The Initial Study (IS) conducted by the port indicates that any environmental impacts will be minimal with effective mitigation measures in place, leading to a prepared Mitigated Negative Declaration (MND). Public comments on the draft will be accepted until January 17, 2025.**The BESS pr...
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PXP Corporation, a Japanese innovator in flexible chalcopyrite photovoltaic modules, has recently garnered substantial funding. The startup has successfully raised JPY 1.5 billion (approximately $9.98 million) in a Series A funding round led by the renowned telecommunications giant, SoftBank Corp.The technology at the core of PXP’s vision is chalcopyrite (CuGaSe2), known for its optimal energy bandgap of 1.7 eV. This compound has shown potential in solar applications, albeit with some limitations in efficiency. PXP Corporation is on a mission to revolutionize this by producing flexible chalcopyrite modules and developing a cutting-edge tandem perovskite-chalcopyrite solar cell technology.The company's ambitious plans include constructing a dedicated facility that will eventually achi
Read More**Unprecedented Growth in Energy Storage in the US**The US energy storage landscape has witnessed an astonishing transformation in the third quarter of 2024, with a staggering **3.8 GW** of storage capacity being added. This represents a remarkable **80% increase** compared to the same quarter in the previous year.In the residential segment alone, a historic peak was reached, as **346 MW** of storage systems were installed—marking a significant **63% rise** from the earlier quarter. Leading this charge are states like **California**, **Arizona**, and **North Carolina**, which reported exceptional gains of **56%**, **73%**, and a phenomenal **100%** respectively, showcasing their commitment to renewable energy, even amid constraints such as battery supply shortages.This breakthrough...
Read MoreA fresh report reveals the potential of hydrogen fuel as a transformative industry for Ireland, promising to generate over €6 billion in investment and create hundreds of jobs. With an urgent need to reduce dependence on fossil fuels, experts are advocating for green hydrogen, a sustainable energy source derived from renewable electricity.Currently, Ireland has only one hydrogen refuelling station, and a mere 1% of newly registered heavy-duty vehicles utilize alternative fuels. The report, prepared by Hydrogen Mobility Ireland (HMI), emphasizes that a robust policy framework could enable substantial emission reductions across transportation sectors—including road, rail, maritime, and aviation—within the next decade.Moreover, the analysis suggests that embracing hydrogen could lead to
Read MoreUnveiling Innovative Energy Technologies in BeijingOn December 12, 2024, Hithium hosted its second Eco-Day event in Beijing, themed "The Freedom of Energy, The Revolution of Life." This remarkable gathering showcased the debut of three groundbreaking energy technologies designed to transform energy storage and management.The centerpiece of the event was the introduction of the ∞Power 6.25MWh BESS (Battery Energy Storage System), which offers versatile solutions in both 2-hour and 4-hour scenarios. With configurations tailored for demanding environments like deserts, this system decouples essential components such as thermal management and output control to enhance operational flexibility.Further highlighting its commitment to innovation, Hithium launched the ∞Cell N162Ah, the world
Read MoreSingapore is taking a significant step forward in its renewable energy journey by initiating the import of low-carbon electricity from Malaysia. This development is crucial for the city-state, which faces challenges due to its limited natural resources. The ambitious energy strategy aims to boost the transition to greener alternatives, although concerns remain regarding regional cooperation and fair cost-sharing.As a densely populated urban area, Singapore has been actively seeking ways to bolster its energy sustainability. Officials have indicated that an increase in imported low-carbon electricity will play a vital role in the nation’s goal of achieving a decarbonized power sector. The Energy Market Authority has outlined plans to secure approximately 6 gigawatts of low-carbon electr
Read MoreStrategic Moves in Solar ManufacturingIndonesia is gearing up for a solar energy boom, significantly driven by ambitious projects like the Indonesia-Singapore Green Corridor, aimed at boosting domestic manufacturing capabilities. The country is poised for impressive economic growth, with projections indicating it could emerge as the world’s fourth-largest economy by 2050, according to global accounting firm PwC.Several prominent solar manufacturers are setting up operations in Indonesia, attracted by the robust financial opportunities available. Thornova Solar, a U.S. company, has launched a solar module production facility in Indonesia, boasting a 2.5GW capacity and capable of producing cutting-edge PERC and n-type solar technologies.Additionally, SEG Solar has initiated constru
Read More**The challenge of shifting to sustainable energy is redefining the global energy landscape.** A crucial factor in this transition is the concept of the "green premium," which denotes the extra costs incurred when adopting renewable energy sources compared to conventional fossil fuels.**In oil-dependent nations, the path to renewable energy faces significant obstacles.** Economies in these regions have long relied on the extraction and exportation of fossil fuels, making a transition to cleaner energy not just a technical shift, but a profound economic challenge. The initial financial burden of adopting technologies such as solar panels and wind farms creates hesitance among investors, further complicating the move toward sustainability.**Nevertheless, opportunities for innovation ar...
Read MoreUK Prime Minister Keir Starmer has embarked on a pivotal visit to Norway, where significant strides in green energy collaboration will be unveiled. During his two-day trip to northern Europe, Starmer aims to announce a groundbreaking green energy deal that promises to fortify economic growth and mitigate energy price volatility—an issue that has been particularly pronounced since the 2022 Russian invasion of Ukraine.Starmer's agenda includes a tour of a cross-border carbon capture facility, as well as discussions with Norwegian Prime Minister Jonas Gahr Støre regarding the anticipated energy partnership, which is projected to be formalized in spring 2024. This alliance seeks to leverage the UK's exceptional capabilities in carbon capture technology, with an emphasis on revitalizing tra
Read More**The energy transition isn't straightforward; it's a monumental task that demands extensive resources and planning.** To support widespread electrification, a robust supply chain for essential metals is crucial, spanning from batteries to electric vehicles and infrastructure like transmission lines. Notably, many of the mining operations essential for this transition are located in regions with unstable power grids, resulting in ongoing dependence on diesel fuel within the mining sector for several decades ahead.**Manufacturing in the clean technology sector relies heavily on affordable, dependable energy sources.** Without a solid foundation of low-cost baseload power, consumer adoption remains questionable. Historically, nations have struggled to transition smoothly without the bala...
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