Company News

• What We Learned at Energy Storage Summit Asia 2023

  2023 / 08 / 03

  Energy storage`s role in enabling decarbonisation while increasing efficiency of grids and helping to manage energy costs was at the heart of discussions at Energy Storage Summit Asia 2023. The event, held earlier this month in Singapore by Energy-Storage.news publisher Solar Media, covered a broad range of topics. From macro-level policy, supply chain and finance talks down to co-location, fire safety and microgrids, it was exciting to see stakeholders from across Asia and beyond come together to tackle them all. It was interesting to see that many of the questions facing nascent or emerging markets in Asia are the same as those we saw a few years ago in the earlier days of the maturing US and European markets. Those same questions include: how to make banks comfortable with financing storage assets, how to alert policymakers to put similar efforts into promoting storage as they have done with renewable energy, and how to secure the sufficient volumes of batteries and other equipment needed to `deploy, deploy, deploy!` Other questions are more specific to the region, and of course, Asia is a very big region with extremely varied geographic – and perhaps more importantly – market and regulatory profiles, meaning many country-specific questions still need to be tackled. We look forward to seeing everyone at next year`s edition, and hope to see many more new faces there, but for now, here are some of the big takeaways from Energy Storage Summit Asia 2023.

• How AI Could Revolutionize Agrivoltaics Deployment

  2023 / 08 / 02

  Agrivoltaics, the innovative fusion of agriculture and solar photovoltaic (PV) technology, has emerged as a promising solution to address the challenges of land scarcity and sustainable energy production. As the world grapples with climate change and the need for more sustainable practices, agrivoltaics presents an opportunity to maximize land use efficiency while promoting eco-friendly energy generation and agricultural productivity. Key to unlocking the full potential of agrivoltaic systems lies in optimization. This article explores how advanced optimization techniques, coupled with artificial intelligence (AI) and machine learning (ML), can revolutionize agrivoltaics on a global scale. The success of agrivoltaic systems hinges on optimizing the interaction between solar PV panels and agricultural activities. The placement, orientation, and spacing of solar panels directly impact crop growth and yield, making it crucial to minimize shading while maximizing energy production. Traditional optimization approaches, such as linear programming, have been beneficial in this context but struggle with the complexity and dimensionality of agrivoltaic systems on a more granular level with more variables to simultaneously account for. Optimization in agrivoltaic systems: The integration of AI and ML into the operational and planning phases of agrivoltaic systems represents a ground-breaking leap forward. These advanced algorithms have the capacity to analyze vast amounts of data, identify intricate patterns, and uncover correlations that traditional methods might overlook. With AI and ML we can gain valuable insights into system performance, leading to data-driven decisions for enhanced efficiency and productivity. One of the most significant advantages of AI and ML lies in

• Contrasting Innovations in Renewable Energy: Passive Solar Power VS Gravity-Based Energy Storage

  2023 / 07 / 21

  Introduction: In the ever-evolving world of renewable energy, two groundbreaking innovations have captured the imagination of experts and enthusiasts alike: the Passive Solar Power Plant and the Gravity-Based Energy Storage System. Embodying the essence of sustainability and efficiency, these cutting-edge technologies are poised to reshape the landscape of solar power generation and energy storage. In this article, we delve into the features, advantages, and potential applications of these two remarkable advancements. Passive Solar Power Plant: Inspired by nature's wisdom, the Passive Solar Power Plant draws its design cues from the sunflower's ability to follow the sun. Leveraging the potential of carbon nanotubes and liquid crystal elastomers, this ingenious system autonomously adjusts the orientation of solar panels, optimizing their exposure to sunlight. With an impressive 10% boost in solar panel efficiency, achieved without the need for active tracking systems, the Passive Solar Power Plant promises a cost-effective approach to maximizing energy capture. Advantages: Enhanced Efficiency: The system's passive sun-tracking capability ensures continuous and optimized sunlight absorption, resulting in heightened energy conversion efficiency. Low Maintenance: The absence of intricate motors and circuitry simplifies the system's maintenance, reducing operational costs and enhancing reliability. Environmental Sustainability: By employing renewable materials, such as carbon nanotubes, the Passive Solar Power Plant aligns perfectly with eco-conscious goals, leaving a minimal environmental footprint. Potential Applications: Residential and Commercial Solar Installations: The passive tracking system can be integrated into rooftop solar panels, making it