A flywheel energy storage system functions like a mechanical battery, storing energy in the motion of a spinning mass. This is similar to how a potter's wheel or a spinning top holds energy while in motion.
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SUNOTEC, one of Europe's leading renewable energy development and construction companies, has acquired 100% of the share capital in SIA DSE Lazas Solar from Danish greenfield developer Danish Sun Energy ApS to build a new PV solar power plant with a total capacity of 400 MWp.
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Energy storage is increasingly included in energy policies. "Thailand introduced a new feed-in-tariff (FIT) scheme, offering a 25-year PPA agreement at THB 2. 8331/kWh for solar-plus-storage projects, which will drive 600 MW storage colocated with solar between 2024 and.
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Without storage, a grid built on renewables risks volatility, blackouts, and underutilized assets.
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