Renault-Nissan to build energy storage plant from EV batteries to rival power stations

The Renault-Nissan Alliance is planning to build a 100MW energy storage plant big enough to power 120,000 homes, which can replace a gas or coal-fired power station, sources told Reuters. It is widely seen as a pilot project that could lead to a major new business opportunity for OEMs. Following trialling using electric vehicle (EV)

‘Spectacular’ drop in renewable energy costs leads to record global boost

Falling solar and wind prices have led to new power deals across the world despite investment in renewables falling Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell.