Germany has concluded a recent tender for innovative renewable energy projects. The exercise drew 158 bids with a total capacity of 2,020 MW. The authorities awarded 29 projects with a total capacity of 486 MW. All selected projects were for PV plants combined with energy storage.
[pdf] But here’s the kicker: Colombian material’s lower ash content (<0.5% vs. China’s 2-8%) makes it perfect for energy storage applications. While current prices average $2,100-$2,500/ton (FOB Cartagena) vs. China’s $1,800, quality-focused buyers are willing to pay the premium.
[pdf] This new World Bank project will finance the necessary grid investment and Botswana’s first 50MW utility-scale battery energy storage system to enable the first wave of renewable energy generation to be smoothly integrated and managed in the grid.
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