Energy storage news - April 23th, 2021

This week’s TOP 5 features news about a large battery fire in China, the new capacity mechanism unveiled by the Spanish government, the construction of a 32 MW battery storage system in the UK, the award of a public funding grant to Hydrostor for their big CAES project in Canada and the development of a hybrid project in Spain which will include up to 80 MW of battery storage and 100 MW of hydrogen electrolysis capacity.

1. A tragic battery fire incident took place in Beijing, involving a 25 MWh unit using LFP technology.
2. Spain will be holding short-term and medium-term capacity auctions in which storage assets can participate.
3. French independent power producer Voltalia has started the construction of a 32 MW battery unit located near the city of Bristol.
4. Hydrostor has received public funding to develop a Compressed Air Energy Storage (CAES) system of up to 500 MW in Canada.
5. A proposal for a hybrid plant combining 1 GW of solar PV, 80 MW of battery storage and 100 MW of hydrogen electrolyzer capacity has been submitted to the Spanish authorities by Soto Solar.