This week’s TOP 5 includes a 1 billion USD program to deploy energy storage in developing countries by the World Bank, a plan by Renault to deploy over 60 MWh of second life batteries in France and Germany, the commissioning of a 3 MW / 6 MWh energy storage system by Engie NA in Massachusetts, a project combining wind, solar and batteries in Mongolia and a 1 MW / 4 MWh vanadium flow battery to be deployed in South Korea by Protean Energy.
- “The World Bank Group committed USD 1 billion for a new global program to accelerate investments in battery storage for energy systems in developing and middle-income countries.”
- Renault is launching its advanced battery storage program. Under this program, Renault wants to deploy over 60 MWh of storage in France and Germany by 2020 using second-life EV batteries.
- Engie North America has commissioned a 3 MW / 6MWh system near Boston, MA.
- The Asian Development Bank (ADB) has approved a USD 40 million loan to support a 41 MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
- Australia’s Protean Energy will deploy a 1 MW/ 4 MWh vanadium flow battery in South Korea as part of an R&D project.