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The world’s longest Interconnector Gets Underway

March 29, 2015 in Environment, Europe, EV News, Greentech, Grid, Norway, Oslo, Renewables, Subsea Cable, UK

Europe from Space Station Photo courtesy of NASA The world's longest Interconnector Gets Underway

Europe from Space Station
Photo courtesy of NASA
The world’s longest Interconnector Gets Underway

National Grid and Statnett, the Norwegian Transmission System Operator, will today sign the ownership agreement which signals the start of the construction phase for the 730 kilometre interconnector between UK and Norway.

The NSN Link would be the first electricity interconnector between the two countries and has a planned capacity of 1400 MW – enough to power nearly three quarters of a million UK homes. The ownership agreement will be signed at the British Embassy in Oslo.

Alan Foster, director of European Business Development for National Grid said:

“Access to low-carbon energy from Norway hydro power stations will help us meet the challenge of greener, affordable energy.  It also adds to the diversity of energy sources for UK and potentially can reduce peak prices with benefits for consumers and businesses”

Auke Lont, Statnett CEO said:

“We are proud to be part of this project. Not only is this a technically impressive project where we will set a new world record, it is also an important contribution to the increase of renewable energy production on both sides, and thereby an essential part of the future electricity system. In addition it will contribute to security of supply and value creation for both Norway and the UK”

The interconnector would run from Blyth in Northumberland to Kvilldal in Rogaland on the Norwegian side. There will be a converter station on each side where the interconnector is connected to the grid. The project is estimated to cost €2 billion to be shared jointly. The interconnector is planned to be completed by 2021.

Energy Secretary Ed Davey said:

“This is a project I have worked on with Statnett and National Grid for two years, and I am delighted they’ve now made this massive investment decision.

“Britain will benefit from Norwegian green hydropower, at the flick of a switch, providing green backup power when the wind’s not blowing, and this will actually save people money.

Coming after the recent confirmation of the Nemo interconnector project with Belgium, I am proud we are now seeing a huge increase in Britain’s energy options, and the prospect of a real single energy market and energy supergrid in Europe.”

A further boost to the project has come from the EU projects of common interest Initiative. Their “Connecting Europe Fund” is expected to grant €31m of support for development and early stage engineering studies.

Notes

National Grid is one of the largest investor-owned energy companies in the world and has been named Responsible Business of the Year 2014 by Business in the Community. We own and manage the grids that connect people to the energy they need, from whatever the source.  In Britain and the north-eastern states of the US we run systems that deliver gas and electricity to millions of people, businesses and communities.

This article (3-26-15) is an EV News Report repost, credit: National Grid.

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SunEdison Purchases 1,000 Energy Storage Systems From Imergy To Bring Electricity To Villagers In Rural India

March 28, 2015 in Asia, Battery, California, Environment, EV News, Flow Battery, Fremont, India, Large Energy Storage, Renewables, Solar

Photo courtesy of Imergy SunEdison Purchases 1,000 Energy Storage Systems From Imergy To Bring Electricity To Villagers In Rural India

Photo courtesy of Imergy
SunEdison Purchases 1,000 Energy Storage Systems From Imergy To Bring Electricity To Villagers In Rural India

BELMONT, Calif. — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today (3-25-15) announced that it plans to purchase up to 1,000 vanadium flow batteries (over 100 megawatt hours) from Imergy Power Systems, a leader in advanced energy storage solutions.

The vanadium flow batteries will be used to store solar-generated electricity for SunEdison’s rural electrification and solar powered minigrid projects in India.

“Energy storage is the perfect complement to solar powered minigrids because it enables us to provide dependable, 24/7 electricity,” said Ahmad Chatila, President and Chief Executive Officer of SunEdison. “And Imergy’s technology is a great fit for rural electrification because their systems are high performance, low cost, ultra-durable and need very little maintenance.”

“Imergy is proud to be working with SunEdison to bring electricity to the under-served in rural India,” stated Bill Watkins, Chief Executive Officer of Imergy Power Systems. “Imergy’s storage systems are safe and sustainable, and provide the lowest cost and most reliable way to store energy for these minigrids.”

SunEdison will also increase its equity investment in Imergy. This strengthens the supply relationship between the two companies as SunEdison begins deployment of its extensive rural electrification program in India.

About SunEdison
SunEdison is the world’s largest renewable energy development company and is transforming the way energy is generated, distributed, and owned around the globe. The company manufactures solar technology and develops, finances, installs, owns and operates wind and solar power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world’s largest renewable energy asset managers and provides asset management, operations and maintenance, monitoring and reporting services for its renewable energy customers around the world. Corporate headquarters are in the United States, with additional offices around the world. SunEdison’s common stock is listed on the New York Stock Exchange under the symbol “SUNE.” To learn more visit www.sunedison.com.

About Imergy Power Systems
Imergy Power Systems is a leader in stationary energy storage solutions using innovative flow battery technology. Its proven Energy Storage Platform (ESP) provides a total solution to reduce energy cost and optimize renewable power generation while improving overall power reliability. Imergy Power Systems is headquartered in Fremont, California, USA, with additional operations in Europe, Asia, and the Americas. The Company’s investors include venture capital firms NEA, Technology Partners, and Blue Run. For more information about the company, please visit www.imergy.com or follow us on Twitter.

This article (3-25-15) is an EV News Report repost, credit: Imergy.

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Telsa to Localize Production in China in 3 years: Elon Musk

March 28, 2015 in Asia, California, China, Electric Vehicles, EV charging, EV News, Model S, Musk, North America, Palo Alto, Supercharger, Tesla

Photo courtesy of Tesla Telsa to localize production in China in 3 years: Elon Musk

Photo courtesy of Tesla
Telsa to localize production in China in 3 years: Elon Musk

BEIJING – Telsa Motors plans to localize production and engineering in China, CEO Elon Musk told Xinhua on Friday, pledging long-term commitment to the market.

“We have a strong long-term commitment to China, and we tend to establish both local production and local engineering in China,” Musk said.

Localization could be possible “in three years”, he said.

In the meantime the company has to keep shipping models from the United States to China because their factory is not at full capacity.

Once the factory reaches full capacity, it is “just the sensible logical thing” to “localize production in China for the Chinese market, in Europe for the European market,” Musk said.

The California-based electric car maker began taking orders in China in mid-2013 for its largest product, the Model S sedan, and started delivering the first cars to Chinese consumers last April.

However, sales in China last year fell short of Tesla’s initial expectations, which reportedly triggered an executive reshuffle for its China team.

Musk acknowledged Tesla had a rough start in China last year. But he also emphasized that the company, founded in 2003, is still in its infancy, despite wide-spread perception that “Tesla is huge”.

Meanwhile, he said speculators and scalpers misled the company to believe that the demand for the cars was “extremely high” during the launch. But when the cars arrived, the speculators canceled their orders, leading to excessive inventory.

“China is the only place on Earth that we have excess inventory. We are essentially selling cars that speculators ordered but we are not able to take delivery on,” the CEO said.

In this “speculation hangover,” which Musk used to describe the current period half-jokingly, Tesla will work hard to focus on its core customers, including addressing the charging anxiety, the No.1 concern of the Chinese consumers.

Tesla is dramatically increasing its super-charging network, and providing all customers in China with mobile adaptors that will allow them to charge anywhere, Musk said.

The company is also improving built-in maps and navigation, with a software upgrade coming out this week. It will integrate the traffic-based routing in the next few months, according to the CEO.

Musk said he has seen a steady increase in sales in China over the past three months and is “quite optimistic about where things are heading”.

Tesla will continue to build charging infrastructure and establish a lot more stores in addition to the service centers, according to Musk.

“It is clear that we need to think of China in a very long-term way. We need to steadily boost the confidence of the Chinese consumers,” he said.

The CEO doesn’t think the economic slowdown in China will affect Tesla’s commitment to the market. “China is attractive right now, and in long term,” he said.

This article (3-27-15) is an EV News Report repost, credit: Xinhua.