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Solarplaza: Batteries solving grid problems indispensable for future European energy transition

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3 months ago

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PRAGUE, Oct. 2, 2024 /PRNewswire/ — To mitigate problems and increasing curtailment costs of wind and PV-parks in Europe, clean energy storage in batteries is essential, experts state. Batteries will become a vital part of the new European energy infrastructure, which will be a combination of solar, wind and storage, they say.

“We are developing, building and operating utility scale Solar PV projects in the UK and across Europe, and in the last twelve months we develop the majority of our projects to be either co-located or at least ‘storage ready’ from day one,” says Joshua Murphy, head of energy storage at Econergy, a renewable energy IPP that operates across 6 different regions with over 400MW of solar, and 102MWhs of battery storage projects in commercial operation and ready for connection. The international expert is one of the speaker at the Solarplaza Summit Asset Management Europe, taking place in Prague on 15 and 16 October.

2023 was a record year for the European solar industry, with 56 GW of new solar additions expanding the total PV capacity base towards 263 GW. As the full-year figure for 2024 is projected to reach 62 GW, the industry is set for another record year with 11% of market growth. The main questions are: where will all this renewable energy be used or stored without causing grid-related problems like imbalance or congestion, which are increasing in a lot of European countries? And how can the industry keep on growing while mitigating curtailment costs?

Battery Energy Storage Systems (BESS) are one of the most important answers to these questions, experts state. “As a response to the increase of renewable penetration, we need to manage the energy efficiently across the network, to avoid throwing away lots of renewable energy,” Murphy says. Countries like Spain and Greece are producing large amounts of solar energy, but often not on peak demand time, causing the grid to step in to curtail production. That’s where batteries come in to store that energy for later use. If they don’t, new PV parks will be more difficult to connect to the grid. “Therefore it’s becoming more challenging in countries with high levels of curtailment to make a business case for solar without a battery,” he says.

To increase the BESS market, the biggest challenge for banks and investors is to calculate the risks and revenues of batteries. “No one can really give the proper answer to that,” says Stefan Müller, co-founder and shareholder of Enerparc AG, an international specialist in the whole value chain of large-scale photovoltaic power plants. Batteries can stabilize the grid with frequency response and balancing services, for which grid operators are willing to pay. Or they can trade on the free APEX market for electricity, charging when prices are low and selling when prices are high. “This is what we have to explain to banks and investors. The market is there, but it is a highly volatile market,” says Müller.

Enerparc currently owns 500 PV-plants in Europe with a total of 3 GW. New systems combine a 25-megawatt PV plant with 10 megawatts of storage. The company is handling the complete trading of this clean electricity on the energy markets, for itself and for other clients. For instance for wind farm owners. That allowed Enerparc to for the first time sign a baseload PPA last year, which guarantees to provide a consistent, fixed amount of green energy. To do so, the company has to balance its own utility power delivery, making storage more important. “PV is not a single business unit anymore. We are part of the new infrastructure. We have to find out how we can balance the grid, by mixing solar and wind, bio-energy and storage systems,” Müller says.

View original content:https://www.prnewswire.co.uk/news-releases/solarplaza-batteries-solving-grid-problems-indispensable-for-future-european-energy-transition-302265475.html

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Meet With Culture: Rediscovering the Hutong Culture in Beijing

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December 22, 2024

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BEIJING, Dec. 22, 2024 /PRNewswire/ — Beijing, as a capital of five dynasties in history, preserves rich historical heritage, such as traditional buildings and hutongs (alleys). Yangmeizhu Xiejie, an alley in Xicheng District of Beijing, is regarded as one of Beijing’s ten most beautiful alleys for its historical charm, traditional culture and the shops with creative designs and products.

 

Since 2013, the government Xicheng District has been working on renovation of Yangmeizhu Xiejie, including the residences and shops along the alley, which is supported by the residents. After renovation, the shops maintain their original building styles while expanding new functions and space with creative designs, attracting investments from both home and abroad.

If take a walk in Yangmeizhu Xiejie, one can find a vibrant alley that blends traditional architecture with modern lifestyle and cultural creativity. Yangmeizhu Xiejie presents a scene of everyday life in Beijing’s alleys: clothes hung out in resident courtyard for drying, the hustle and bustle of vegetable markets, and smoke from kitchen chimneys.

The alley also gathers many cultural spaces that integrate traditional culture with contemporary design. Shopkeepers from both home and abroad have started their creative businesses in the alley, reflecting Beijing’s openness and inclusiveness. Each corner of the alley offers a glimpse into the local lifestyle and culture, making it an ideal destination for those who want to experience the authentic hutong culture.

When night falls, the alley restores to quiet again as tourists leave. Local residents continue to enjoy the leisure in the alley. The harmony is well maintained between the residents and neighboring business in the alley, promoting the sustainable development of the traditional Beijing lifestyle and moderate commercial activities.

Yangmeizhu Xiejie represents a successful case of Beijing’s effort to preserve its cultural heritage and promote innovation, serving as a living museum of the urban life in old Beijing.

Click the link below to follow Noel and explore the hutong culture of Beijing.
https://youtu.be/FzrJfKluBoE

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SOURCE Meet with culture

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A Bus Tour Across China | The First Inner Mongolia Shaomai Festival

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1 hour ago

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December 22, 2024

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Inner Mongolia – Where Nature’s Purity Meets Culinary Excellence

BEIJING, Dec. 22, 2024 /PRNewswire/ — As the Dongzhi (Winter Solstice) approaches, a time as significant as the New Year itself, the spirit of reunion warms the heart of Hohhot (the Green City), inviting all to a feast of flavors and culture! Join us for a grand celebration where culinary artistry meets cultural heritage! On December 21, 2024, at 10:15 AM (Beijing Time), China Media Group, in collaboration with the Inner Mongolia Autonomous Region Agriculture and Animal Husbandry Hall, proudly presents an integrated media live broadcast: “A Bus Tour Across China | Where Each Shaomai Tells a City’s Story.” Amid rising steam and anticipation, the Inaugural Inner Mongolia Shaomai Festival unfolds spectacularly extending a warm invitation to all! Each carefully crafted shaomai embodies the essence of “Inner Mongolia – Where Nature’s Purity Meets Culinary Excellence.”

Live broadcast link: https://www.yspapp.cn/2XAN

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-bus-tour-across-china–the-first-inner-mongolia-shaomai-festival-302337932.html

SOURCE China Media Group Mobile

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MagFone Christmas & New Year Sale: Unbeatable Discounts for the Holiday Season

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8 hours ago

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December 22, 2024

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The festive season is upon us, and MagFone is here to make your holidays even brighter with an exclusive Christmas & New Year sale! From incredible discounts on best-selling products to special deals on new products, MagFone is the ultimate destination for holiday shopping. From December 18, 2024 to January 6, 2025, this sale offers up to 80% off discount for everyone. Let’s dive into the details of the most awaited sale of the year.

HONGKONG, Dec. 21, 2024 /PRNewswire-PRWeb/ — What Can You Get from MagFone Christmas & New Year Sale?

New arrival – Location Changer is only $1.99 to everyone in this MagFone Christmas & New Year Grand sales. Moreover, everyone can enjoy up to 80% OFF.

1. Best-Selling Products at Up to 70% OFF

Resolving various iOS system issues or unlocking locked Apple devices like iPhone and iPad by yourself at home with MagFone’s flagship products, now available at unbeatable prices. Best-selling products such as iPhone Unlocker, Activation Unlocker, and iOS System Recovery are up for grabs with discounts of up to 70% off. Don’t miss out on this chance to get MagFone’s best-selling products at jaw-dropping prices.

MagFone iPhone Unlocker at $20.95/month and $41.95/lifetime.MagFone Activation Unlocker at $20.95/month and $41.95/lifetime.MagFone iOS System Recovery at $17.95/month and $48.95/lifetime.

2. New Arrival to Get with Only $1.99

Whether you want to change your location on your mobile device or simulate GPS movement in various games, MagFone’s new product – Location Changer – is perfect for you. Designed for both iOS and Android users, this tool comes equipped with advanced location changing features, flexible movement speed, and customizable route. With only $1.99, it is a must-have for this Christmas sale if you have the demand to change your device location.

3. 4-in-1 Bundle to Maximize Your Savings

MagFone values all loyal customers and offers exclusive pers during the Christmas & New Year sale. A super 4-in-in bundle is at reduced prices, which enables you to get all products from MagFone with an 80% off discount. This bundle includes all the tools you need, whether you’re looking to resolve various system problems and unlocking issues or change iPhone and Android device’s location. Don’t miss this chance to get all MagFone products at unbeatable prices.

MagFone Christmas & New Year Sale is a limited-time event, running from December 18, 2024 to January 6, 2025. With discount this good, products are expected to get at the lowest price this year. Don’t wait until the last minute—start shopping now to get MagFone products at the best deals.

About MagFone:

MagFone is redefining tech innovation with state-of-the-art technology and intuitive design. Whether their flagship products like iPhone Unlocker or newly-released tools like Location Changer, MagFone products are built for performance and flexibility.

YouTube: https://www.youtube.com/@magfone

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Media Contact

Olivia Wood, MagFone, 86 19186985874, support@magfone.com, https://www.magfone.com/

View original content to download multimedia:https://www.prweb.com/releases/magfone-christmas–new-year-sale-unbeatable-discounts-for-the-holiday-season-302337015.html

SOURCE MagFone

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