“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
When lithium-ion’s dominance of the energy storage market begins to wane, redox flow batteries are well positioned as a strong competitor, emerging technology market research and business intelligence group IDTechEx has said.
Installing and maintaining renewable energy resources can be viewed as an “essential service”, according to the California Solar + Storage Association (CALSSA).
In this article, experts at consultancy Apricum examine with some simple “reverse engineering” how recent low solar-plus-storage PPAs in the USA were achieved, yet another example of the competitiveness of energy storage and new market opportunities emerging via storage-plus-renewables projects.
The impact on supply chains during China’s most intense period of stopping the coronavirus (COVID19) from spreading had been “substantial”, contributing to a “pretty tough time,” for Oregon, USA-headquartered energy storage system maker Powin Energy.
Avalon Battery and redT have revealed that their proposed merger will create a new company to be known as Invinity Energy Systems.
Paul Verrill, director of energy data analysis & consultancy firm EnAppSys, explains how renewable energy generation, with the integration of smart grid technologies and efficiency energy storage systems, can create a sustainable power system for the future.
Zinc8 Energy Solutions is to deploy a 100kW / 1.5MWh zinc-air battery energy storage system in New York City, with financial support to come from New York State Energy Research and Development Authority (NYSERDA).
A special edition of the Energy-Storage.news ROUNDUP of news in brief
Large wind turbines have blades that need to be angled correctly to capture the optimum generation opportunity, and ultracapacitor maker Skeleton Technologies believes it has developed the answer.
Developers of two significant solar-plus-storage projects in the Australian state of New South Wales have been given the go-ahead, with only minor conditions added to their proposals.
Making energy affordable for all, even communities in Africa that have never had access to a reliable grid, need not be as daunting a task as it may sound, argues Dr Amrit Chandan, CEO of circular economy lithium-ion battery company Aceleron.
Batteries are to be used for reactive power services for the UK grid as part of a ‘world-first’ project to create a new reactive power market for distributed energy resources.
China’s energy storage industry entered a period of “rational adjustment” in 2019, as overall growth in new projects and capacity slowed down, yet deployed around 519.6MW/855MWh of new electrochemical energy storage capacity domestically.
Monterey County moves to approve Tesla-made li-ion installation, one of four PG&E wants to develop to offset retirement of gas power in South Bay area of California.
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
Japanese maker of precision equipment, Yamaha, was exhibiting its recently launched products for testing and inspecting lithium-ion batteries at a major smart energy trade show in Tokyo this week.
Wärtsilä is to deliver 100MW of battery storage to UK storage and electric vehicle charging infrastructure company Pivot Power.
Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.
KORE Power has edged closer to the launch of its Mark 1 battery cells after the company landed a handful of product safety certifications.
Swiss energy storage firm Leclanché has landed a new financing package from a US equity fund to help fuel its expansion.
The fire unit at global multinational engineering firm Honeywell made its first move into lithium-ion safety in recognition of battery storage’s “huge potential” for decarbonisation and to help the world move “in a more energy efficient way”, the company has said.
In addition to Silicon Valley, California could also be host to its own “Lithium Valley” as the US state’s Energy Commission met last week to discuss extracting the vital battery ingredient from geothermal brine.
Honeywell is rolling out fire detection and safety technologies for lithium-ion batteries via its Building Technologies business unit, combining it with alternative energy innovation group Nexceris’ gas detection systems.
While energy storage system (ESS) batteries are often described as stationary storage to distinguish them from batteries used in automotive applications, a new partnership in Europe turns containerised ESS into mobile power sources.
Manz AG, manufacturing equipment supplier, has signed off on a €20 million (US$21.83 million) deal with “high performance” battery maker AKASOL for planned ‘gigafactories’ in Germany and in the US.
Testing of Yotta’s microstorage units at CSUDH’s campus in Carson marks new mainstreaming attempt for hybrid technology others have tried to take to commercial viability in the past.
Action must be taken to build up domestic battery manufacturing capacity in the U.S. to meet demand for industrial-scale energy storage systems, argues Lindsay Gorrill, CEO of KORE Power.
Investors are queuing "all the way down the street" but many require the first projects to be built before committing, Gridserve's chief investment officer Mark Henderson has said.
Kelly Speakes-Backman, CEO of the Energy Storage Association and 2019 Cleanie Awardee for Woman of the Year, says Federal issues remain important, but we shouldn't ignore the actions on the ground across the US.