The adoption of electric vehicles (EVs) on a large scale is crucial for meeting the desired climate commitments, where affordability plays a vital role. However, the expected surge in prices of lithium, cobalt, nickel, and manganese, four critical materials in EV batteries, could hinder EV uptake. To explore these impacts in the context of China, … Continue reading China’s electric vehicle and climate ambitions jeopardized by surging critical material prices
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Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage
Enel Green Power Chile, an Enel Chile subsidiary, began constructing its new La Cabana wind farm, which also incorporates an innovative energy storage system using lithium batteries (34.3 MW BESS). This new 100% clean energy generation plant, which contemplates an investment of approximately US$190 million and an installed capacity of 105.6 MW, will be complemented … Continue reading Enel Green Power Chile began construction of a wind power project that includes a battery system for energy storage
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Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project
ACCIONA Energía has signed an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the battery energy storage system (BESS) project Cunningham, the largest of its kind in Texas, scheduled for commissioning in the first quarter of 2023. The deal also includes the acquisition of a portfolio of over … Continue reading Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project
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Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia
Reyes Maroto: “This facility is a demonstration of the potential that Spanish companies have around the globe and their capacity to develop projects that lead the way in sectors like energy and renewables”. Located near Canberra, the 10 MW facility has a storage capacity of 20 MWh, which will enable flexible integration of renewable energies … Continue reading Spanish Minister for Industry, Trade and Tourism, Reyes Maroto, officially opens Naturgy’s first battery storage centre worldwide in Australia
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Iberdrola takes a stake in Basquevolt, the solid-state battery company
The project’s founding consortium of investors, promoted by the Basque Government, includes Iberdrola, CIE Automotive, Enagás, EIT InnoEnergy and CIC energiGUNE, whose research work has facilitated the development of the initiative The project plans to start up a production line in 4 years, with an investment of 700 million euros and more than 800 direct … Continue reading Iberdrola takes a stake in Basquevolt, the solid-state battery company
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Iberdrola will reach 900 MW in battery storage, with the UK and Australia its mains markets
Located at the Abadiño TS, where it evacuates the Oiz wind farm, it has a guaranteed storage capacity of 3.5 MWh and will be installed by Ingeteam. It joins the project of the first wind storage system with batteries in the country, in the Elgea-Urkilla wind farm (32 MW) in Araba. Iberdrola is moving forward … Continue reading Iberdrola will reach 900 MW in battery storage, with the UK and Australia its mains markets
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Acciona starts up the first hybrid wind power storage plant in Spain using batteries
The plant will use software to simulate storage systems with renewable energy, for which two company’s engineers have been awarded the ‘Eolo Innovation’ award for 2017 by the Spanish Wind Energy Association (AEE). Located next to the experimental wind farm at Barasoain (Navarra), the plant will apply technological storage solutions that will be applied to … Continue reading Acciona starts up the first hybrid wind power storage plant in Spain using batteries
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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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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
Continue readingTesla 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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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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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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Grid Batteries for Wind Energy and Solar Power Find First Customers
Several new types of battery, each capable of cost-effectively storing the energy output from a wind power or solar energy, are finally being hooked up to power grids. The so-called grid batteries could lower the cost of renewable energy by eliminating the intermittency problem that arises when the sun isn’t shining or the wind isn’t … Continue reading Grid Batteries for Wind Energy and Solar Power Find First Customers
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New battery could propel renewable energy, solar power and wind energy
One of the largest obstacles to the viability of renewable energy, like wind energy and solar power, is the process of storing and transporting the power once the energy’s been converted to electricity. That obstacle has shrunk in recent years, as technology has improved. Now, a bigger, cleaner and more powerful battery is hitting the … Continue reading New battery could propel renewable energy, solar power and wind energy
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Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
The majority of these materials are likely to be used in lithium ion batteries, report concludes. A new report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for the capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. The … Continue reading Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
Continue readingSaft to Deliver Third Li-ion Energy Storage System for California Utility
The lithium-ion (Li-ion) energy storage systems will be used to mitigate power fluctuations inherent with solar-generated electricity. Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has received its third contract from a major California utility. Since the first utility-scale storage system was commissioned at the end of 2012, Saft received … Continue reading Saft to Deliver Third Li-ion Energy Storage System for California Utility
Continue readingWorldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
A recent report from Navigant Research analyzes the global market for next-generation advanced batteries, with a focus on the current leading battery chemistry, lithium ion, and the energy storage device types that might eventually replace it. While lithium ion (Li-ion) batteries offer many advantages over traditional battery technologies, research and development of new battery chemistries … Continue reading Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
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Mitsubishi and Nissan created an electric car
When electric cars first made their mainstream debut, the cheapest one you could buy in the US was the Mitsubishi i-MiEV, which before rebates came in at about $29,000. Four years later though, Mitsubishi and Nissan are teaming up to build an EV that costs half that amount before any tax rebates, reports the … Continue reading Mitsubishi and Nissan created an electric car
Continue readingSaft 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 … Continue reading Saft to Supply Li-ion Battery Energy Storage System for Kauai Island
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