Category Archives: Batteries

Energy Storage-13

Energy Storage for the Grid is Expected to Reach $15.6 Billion in Annual Revenue by 2024

Developing energy storage that is viable for grid applications has been a goal of vendors and grid operators for a number of years.  Recently a number of factors have begun to converge to bring that goal close to fruition.   According to a new report from Navigant Research, worldwide revenue from energy storage for the […]

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Germany opens first renewable energy storage facility

The 5 megawatt lithium-ion unit was designed by the Berlin-based grid and storage specialists Younicos for WEMAG, a supplier of green electricity based in the northern German city of Schwerin. Europe’s largest commercial battery power plant was connected to the grid today in the presence of Vice-Chancellor and Energy Minister Sigmar Gabriel and Mecklenburg-Western Pomerania’s […]

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Tesla Motors’ Gigafactory Will See More Than 50% Overcapacity in its Li-ion Production

Tesla Motors’ plan to build a new 35 GWh lithium-ion cell production facility – dubbed the Gigafactory – for electric vehicles that will bring about only a modest reduction in battery costs, and create significant overcapacity, given likely sales of less than half the targeted 500,000, according to Lux Research. Tesla and its partner, Panasonic, […]

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Energy Storage-13

Green Storage Revolution

With energy storage hugely important for the development of distributed generation and the integration of renewables into the electricity system, Enel Green Power has been investing its commitment to storage projects. The energy storage market will be worth $50 billion in six years’ time, according to Finding Growth Opportunities in the $50 Billion Energy Storage […]

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Saft to Supply Li-ion Battery Energy Storage System for Kauai Island

Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has been awarded a multi-million dollar contract by Kauai Island Utility Co-operative (KIUC) to provide a Li-ion Battery Energy Storage System (BESS) consisting of 8 Intensium Max 20 M containers to stabilize the Kauai island electrical grid. Saft’s BESS will be deployed […]

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Lithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023

Lithium ion (Li-ion) batteries have emerged as the leading battery technology for a wide variety of applications, including mobile devices, grid-scale energy storage, and electric vehicles (EVs). The market for Li-ion batteries for automobiles is expected to expand rapidly over the next 10 years, with battery electric vehicles (BEVs) for consumers drawing the largest share. […]

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Energy Storage-13

Energy Storage Market Rises to $50 Billion in 2020

Energy storage, driven largely by electronics and plug-in electric vehicles, will grow at a compound annual growth rate of 8% to USD 50 billion in 2020, with dramatic shifts coming from the transportation industry, according to Lux Research. Energy storage, driven largely by electronics and plug-in vehicles, will grow at a compound annual growth rate […]

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Avista testing batteries that store wind power, solar energy

Avista Corp. will use a $3.2 million state grant to test how effectively large batteries store energy from wind power, solar energy and other renewable sources. The three-year demonstration will occur at a Pullman substation, with a battery-storage system built by UniEnergy Technologies of Mukilteo, Washington. The battery system should be able to store enough electricity […]

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New rechargeable batteries for electric vehicles

Researchers have developed new molten air rechargeable batteries for electric vehicles that have a significantly higher storage capacity than lithium batteries. While electric vehicles offer many advantages, at least  one barrier stands in the way of their large-scale adoption: ‘range anxiety’.   Researchers at George Washington University, led by Stuart Licht, have developed a novel […]

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Energy Storage-13

Finland to lead the way in developing the storage of solar power and wind energy

VTT Technical Research Centre of Finland has joined forces with Lappeenranta University of Technology and the Finland Futures Research Centre at the University of Turku in the launch of an extensive development project for a brand new energy system and its associated business sector in Finland. The NEO-CARBON ENERGY project, targeting the storage of solar […]

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BMW wants to use electric vehicle batteries to store solar power

Delta Electronics Introduces Innovative Battery Energy Storage Solution

Delta Electronics (TWSE: 2308), a global leader in power and thermal management solutions headquartered in Taiwan, announced today the launch of a new Battery Energy Storage Solution (BESS), at a press conference in Paris. This innovative energy-saving solution is complementary with renewable energy production systems in smart grids, and helps managing energy demand to ultimately […]

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Aluminum Batteries for Electric Vehicles

Next-Generation Advanced Batteries Will Reach $9.4 Billion in Annual Revenue by 2023

The primary battery chemistry currently used for applications that require advanced batteries, lithium ion (Li-ion), has limitations that include input costs and materials scarcity. Research and development of new battery chemistries, beyond Li-ion, is advancing rapidly and will have a major impact on the battery industry in the coming years. According to a new report […]

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Renault inks MOU with LG Chem to jointly develop future EV batteries

Renault S.A., the world’s largest manufacturer of electric vehicles (EV), said Wednesday that it has signed an agreement with LG Chem to jointly develop high density batteries that will power its next-generation zero emission cars. The French automaker, which controls Renault-Nissan Alliance and South Korea’s Renault Samsung Motors Co., said the agreement lays the foundation […]

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General Motors (GM) Plans $449M Investment in Advancing Battery Technology for Electric Vehicles

In preparation for the next generation of electric vehicles and advanced battery technologies, General Motors will invest $449 million to upgrade manufacturing processes at Detroit-Hamtramck Assembly and Brownstown Battery Assembly plants.   “General Motors is committed to building award-winning products and developing technologies in America, which helps to grow our economy from a resurgent auto […]

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