Energy Storage News

Renewable energy has been growing at breakneck speed. By 2040, according to the International Energy Agency, wind and solar are expected to add 74% of net new generation capacity around the world. GE Renewable Energy just announced it has been selected to build what is expected to become the largest hybrid solar energy storage system in New York State.

GE Renewable Energy to supply and commission four 125 MW fixed speed pumped storage turbines for the new Kundah hydropower plant. The project is part of ongoing effort by Indian government to take full advantage of hydropower resources. GE Renewable Energy announced today that it has been selected by Megha Engineering and Infrastructure Limited (MEIL) to supply and commission four 125 MW fixed speed pumped storage turbines for the new Kundah hydropower plant in India.

In recent years, 50-60% of Uruguay’s power has been generated from the country’s four hydroelectric dams on the River Uruguay. Most of the remainder comes from renewable energy sources such as solar panels and wind turbines. That combination has turned the country into the world’s poster child for low-carbon energy. The one remaining sticking point is storage. Without it, renewables can only be used as they are generated. Hydro storage provides reliability and flexibility to a renewables-based grid by creating a huge, continuously rechargeable battery that is entirely powered by the elements.