Highview Power and Enlasa to develop giga-scale cryogenic energy storage projects in Latin America
by Staff Writers
Santiago. Chile (SPX) Oct 23, 2020
Highview Power, a global leader in long duration energy storage solutions, has entered into a joint venture agreement with Energia Latina S.A.-Enlasa, the largest backup power generation provider in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and other Latin American markets.
"We are excited to work with Enlasa to bring Highview's technology to Chile," said Javier Cavada, CEO and President of Highview Power. "Together, our two companies can harness the growing deployment of renewables in Chile and across Latin America and bring renewable baseload power to the region, all without the geographic constraints associated with other energy storage technologies."
The joint venture, named Highview Enlasa, will help to open Latin American energy markets to baseload renewable energy potential. Highview Power's long duration energy storage system, paired with renewable energy sources, are equivalent in performance to thermal and nuclear power.
CRYOBatteries are developed using proven components from mature industries, it delivers pumped-hydro capabilities without geographical constraints and can be configured to convert waste heat and cold to power.
"Enlasa is very committed to sustainability and through our partnership with Highview Power we are on the leading edge of providing innovative energy storage solutions to Latin America," said Rodrigo Saez, CEO of Enlasa "Highview Power's cryogenic technology is the optimal solution to provide the large scale, long duration energy storage that is needed to balance the grid as more solar and wind power come online."
Chile has one of the best solar irradiations of the world and the deployment of solar power together with the national decarbonization strategy require long duration energy storage to provide the needed energy balance to achieve a sustainable grid. Other Latin America markets have similar initiatives, and a CRYOBattery plant in Chile will serve as a great business case for the region.
LiU researchers first to develop an organic battery
Linkoping, Sweden (SPX) Oct 16, 2020
Researchers at the Laboratory of Organic Electronics, Linkoping University, have for the first time demonstrated an organic battery. It is of a type known as a "redox flow battery", with a large capacity that can be used to store energy from wind turbines and solar cells, and as a power bank for cars. Redox flow batteries are stationary batteries in which the energy is located in the electrolyte, outside of the cell itself, as in a fuel cell. They are often marketed with the prefix "eco", since th ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.|