Oct 7, 2015

[INFOGRAPHIC] Solar energy facts

Cutter Slagle
2 min
What do you know about

What do you know about solar energy? Though you’ve most likely heard the term once or twice, do you know any facts regarding the important subject?

RELATED TOPIC: [INFOGRAPHIC] The importance of solar energy

Interestingly enough, solar energy has been and continues to be on the rise. Even more so, there have been an increasing number of large scale solar farms emerging throughout the United Kingdom.

Specifically, there are over 351 solar farms currently operating in the UK, with more than 668,714 panels set up across the country. Furthermore, statistics have shown that UK solar energy can generate as much as 60 percent of that received at the equator — quite impressive!

And while solar energy has many benefits, the main one is the fact that solar energy does not produce any pollutants and remains to be one of the cleanest sources of energy. As a renewable source of energy, this source is very low maintenance.

Even better is the fact that solar energy is a free resource and is regularly found in abundance. As well, solar technology can be distinguished into both active and passive, depending on your specific need.

Solar energy has a range of uses that includes being converted by green plants into chemical energy which then creates the bio mass that makes up the fossil fuels.

Below, you’ll find an interesting infographic that lists and explores other fun facts regarding solar energy.

Do you currently use solar energy? Let us know in the comments below how this type of energy has impacted your daily life and how it has changed the way you do business.

RELATED TOPIC: [INFOGRAPHIC] How to meet water and energy needs

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Apr 16, 2021

Hydrostor receives $4m funding for A-CAES facility in Canada

energystorage
Canada
Netzero
Dominic Ellis
2 min
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction...

Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.

The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction. 

The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.

The project has support from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.

Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.

The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”

A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth. 

Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."

The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.

Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019. 

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