Category Archives: Batteries

Duke Energy, University of South Florida St. Petersburg unveil photovoltaic solar energy battery project

Duke Energy Florida and the University of South Florida St. Petersburg (USFSP) today unveiled a new solar battery project that will explore how to store and use energy from the sun. A $1 million grant from Duke Energy is funding the research at USFSP. As part of the grant, a 100-kilowatt (kW) solar photovoltaic (PV) … Continue reading Duke Energy, University of South Florida St. Petersburg unveil photovoltaic solar energy battery project

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Electric Motorcycle and Scooter Sales are Expected to Total 55 Million From 2015 to 2024

The transition from sealed lead-acid to lithium ion batteries is driving rapid industry advances, report finds.     A recent report from Navigant Research examines the global markets for electric motorcycles and scooters and the related battery technologies, including global forecasts for electric two-wheeled vehicles and the batteries used in the vehicles through 2024. Taken … Continue reading Electric Motorcycle and Scooter Sales are Expected to Total 55 Million From 2015 to 2024

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Electric Vehicles Market Set for Big Boost as Li-ion Battery Costs Hit $172/kWh in 2025

Best-in-class players such as Panasonic-Tesla will achieve 35% reductions over the next decade, while others could lag at over $229/kWh, according to Lux Research.  The electric vehicle opportunity is set to expand, as leading battery developers like Panasonic drive down prices of lithium-ion (Li-ion) battery packs by 35% to $172/kWh in 2025, according to Lux … Continue reading Electric Vehicles Market Set for Big Boost as Li-ion Battery Costs Hit $172/kWh in 2025

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ASD to present new hybrid battery with exceptionally long lifespan at Intersolar

German energy storage systems manufacturer ASD Automatic Storage Device is set to exhibit its updated hybrid battery, which has recently gone into production, at Intersolar 2015. It is distinguished by its extremely long lifespan, which has been made possible by specially developed software with an integrated feature that compensates for degradation. “Our new electronic storage … Continue reading ASD to present new hybrid battery with exceptionally long lifespan at Intersolar

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Invenergy opens 31.5 MW energy storage project in Illinois

Today, leading clean energy company Invenergy LLC (“Invenergy”) announced the start of commercial operations of its 31.5 MW Grand Ridge Energy Storage project in La Salle County, Illinois. The project is located about 80 miles southwest of Chicago at Invenergy’s Grand Ridge Energy Center, which is comprised of a 210 MW wind farm; a 20 … Continue reading Invenergy opens 31.5 MW energy storage project in Illinois

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Enel Green Power reaches accord with Tesla on wind energy, solar power batteries

Enel Green Power and Tesla have today finalised an agreement for the testing of the integration of Tesla’s stationary energy storage systems with Enel Green Power’s solar and wind plants. The deal aims to increase output from EGP facilities and supply advanced services for a better overall integration of renewables into the grid.   The … Continue reading Enel Green Power reaches accord with Tesla on wind energy, solar power batteries

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Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough

For Tesla’s cheap Gigafactory-produced battery cells to truly disrupt stationary energy storage, it needs more partnerships and acquisitions in power electronics, software, and with utilities. Electric vehicle leader Tesla Motors announced new offerings for stationary energy storage, including the Powerwall battery for residential energy storage.  With massive capacity for lithium-ion batteries from its Gigafactory coming … Continue reading Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough

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If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer

Tesla Motors is expanding beyond its electric vehicles business into the energy industry’s another fast-growing area by making inroads into residential and business battery systems.   “The issue with existing batteries is that they suck. They’re really horrible,” Tesla Motors CEO Elon Musk told a large crowd of business partners and reporters late Thursday at … Continue reading If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer

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Tesla moves into batteries that store solar energy

Tesla Motors on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.   Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on … Continue reading Tesla moves into batteries that store solar energy

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Batteries to store solar energy

Electric car manufacturer Tesla is expected to jump-start the market for a home or business battery to store solar energy with an announcement later today in Hawthorne.   SolarCity — a residential solar company that, like Tesla, is run by billionaire Elon Musk — has already installed several hundred battery and solar systems in homes … Continue reading Batteries to store solar energy

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Tesla to unveil home battery on 30 April

Tesla Motors Inc plans to unveil its first non-car product line on 30 April, which, according to the automaker, would be stationary batteries. The electric car maker would offer two types of batteries: one that powered homes, and the other for utility use.   The Palo Alto-based company would source solar panels from sister company, … Continue reading Tesla to unveil home battery on 30 April

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Saft and Enercon to Help Stabilize Faroe Islands’ Grid

Saft, a Paris-based company who focuses on design development and manufacturing of high-tech batteries, is teaming up with German-based wind turbine manufacturer Enercon to create an energy storage system (ESS) which will aid the Faroe Islands. The 2.3 megawatt project will be Europe’s first ever commercial deployment of a lithium-ion battery system that works in … Continue reading Saft and Enercon to Help Stabilize Faroe Islands’ Grid

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New Cheaper Fast Charging, Longer Lasting Battery Developed

Scientists from Standford University have a developed the first high performance aluminum battery that is fast charging, longer lasting and inexpensive. Researchers say that the new battery technology offers a safe alternative that is superior in many ways to many of the commercial batteries that are being sold and used today. “We have developed a rechargeable … Continue reading New Cheaper Fast Charging, Longer Lasting Battery Developed

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Revenue from Energy Storage Technologies is Expected to Exceed $21 Billion Annually by 2024

A new report from Navigant Research analyzes the global market for energy storage enabling technologies (ESETs) across four distinct market segments: utility-scale storage, community storage, residential storage, and commercial storage, including global market forecasts through 2024.   The supporting technologies associated with energy storage systems include power conversion (primarily focused on inverters), system-level software and … Continue reading Revenue from Energy Storage Technologies is Expected to Exceed $21 Billion Annually by 2024

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Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes

V2G (vehicle to grid) technology allows both a supply of energy to an electric vehicle and the use of the energy stored in the vehicle for home consumption or for sale onto the grid (in countries where the appropriate regulation is in place). Endesa and Nissan will also work together in other areas such as … Continue reading Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes

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Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024

A new report from Navigant Research analyzes the market opportunity for vehicle-grid integration (VGI) technologies to be used to support grid reliability and stability, including global market forecasts for vehicle-to-grid-enabled PEVs and VGI capacity and revenue, segmented by region, through 2024.   Today’s plug-in electric vehicles (PEVs) represent a significant increase in electricity demand that, … Continue reading Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024

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Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals

Molten salt batteries still account for a majority of existing grid storage installations, but Li-ion is rapidly taking over as the market matures, says Lux Research. Lithium-ion (Li-ion) batteries have become the dominant technology in grid storage, capturing a 90% share of systems proposed last year. Molten salt batteries still account for a majority of … Continue reading Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals

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US Energy Storage Market to Grow 250% in 2015, from 62 megawatts in 2014 to 220 megawatts in 2015

The U.S. is on the cusp of a breakout year for energy storage, according to the inaugural U.S. Energy Storage Monitor report from GTM Research and the Energy Storage Association (ESA). The U.S. is forecasted to deploy 220 megawatts in 2015, more than three times its 2014 total, and growth should continue at a rapid … Continue reading US Energy Storage Market to Grow 250% in 2015, from 62 megawatts in 2014 to 220 megawatts in 2015

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Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

A new Tracker report from Navigant Research provides a comprehensive resource of energy storage projects worldwide, including information on 804 projects encompassing more than 12,000 individual systems.   2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily … Continue reading Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

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Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023

A recent report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023.       Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries … Continue reading Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023

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