Tesla CEO Elon Musk and fellow executives talked up the potential for Tesla Energy to reach “roughly the same size” as the company’s automotive business in an earnings call with analysts held yesterday.
The company behind what looks set to be Norway’s first gigawatt-scale manufacturing facility for lithium-ion battery cells has secured pre-construction financing of NOK130 million (US$13.85 million) which it said will “enable rapid development” of the plant.
What will the impact of COVID-19 be on the energy storage market? And how best to learn to adapt to whatever the 'next normal' will be? Florian Mayr at cleantech advisory and consultancy group Apricum examines the bigger picture of “energy storage vs the virus”.
A key committee of Members of the European Parliament (MEPs) has voted overwhelmingly to thrust energy storage into the heart of the continent’s decarbonisation agenda, while trade group EASE has urged the EU to raise its targets on 2030 emissions reduction.
News in brief from around the world in energy storage.
When most people think of the metals that power today’s energy storage systems, vanadium and lithium are at front of mind. Ron MacDonald, president and CEO of Zinc8, argues the case for another metal playing an important role.
“This next phase we’ve entered is a large number of projects in a lot of places," Fluence VP for marketing and strategy, Brian Perusse, tells Energy-Storage.news.
Tesla’s just-released sustainability report for 2019 asserts the belief that “the notion that a sustainable future is not economically feasible is no longer valid”.
Climate-smart principles must steer the global search for the minerals and metals required by the green energy boom to make sure the process remains sustainable, according to the World Bank.
After we reported earlier this month that despite the impact of COVID-19, progress continues to be made on nearly every one of more than 70 projects underway by energy storage technology provider Fluence, here’s the full interview with Fluence’s chief operating officer John Zahurancik that that news story came from.
Fluence has been able to keep working on “all but two or three” of 73 utility-scale battery projects, with battery energy storage increasingly considered an essential part of grid infrastructure in many parts of the world.
There exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way,” the chief commercial officer of Invinity Energy Systems has said.
“We are happy about the Italian government's decision that allows us to fully resume business operations in Italy,” Manz AG CEO Martin Drasch has said, following a ruling that deems lithium-ion battery production to be of ‘strategic importance’ for the European country.
Powin Energy has launched a set of three battery storage system products using CATL’s large form factor lithium-ion cells, including a system solution capable of 4+ hour duration and backed by a 20-year warranty.
The COVID-19 crisis is bringing into the public eye the US’ dependency on importing goods, particularly batteries for advanced energy storage and electric vehicles, the CEO of a battery materials startup has said.
"We work hard every day to continue to push forward to the best of our ability, as we believe that we must do all that we can do to keep our projects on track and support the greater economy.”
A survey of COVID-19 impacts on China Energy Storage Alliance (CNESA) members has underscored their faith in recovery, despite the worries over income and liquidity reported by nearly 80% of respondents.
Production of commercial energy storage systems has begun at Tesvolt’s new 255MWh annual capacity factory in Wittenberg, Germany, with staff working in isolation due to the risk of COVID-19 infection.
US-headquartered energy storage manufacturing startup KORE Power has said that its supply partner in China has resumed operations “and is presently working to meet KORE Power’s customer orders”.
The energy storage industry in the US is experiencing delays and could be staring in the face of potential job losses, according to a poll conducted by the national Energy Storage Association (ESA).
Dimitrios Pappas, analyst at new energy consultancy Delta-EE, considers the impact the novel coronavirus (COVID-19) could have on the energy transition, particularly for batteries used in EVs and ESS, while Energy-Storage.news editor Andy Colthorpe adds his own take.
Multinational chemicals company BASF has furthered its interest in the energy storage industry, partnering on the development of ‘metal-free’ flow battery electrolytes with German startup JenaBatteries.
An energy storage system made up of ‘second life’ batteries previously used in Renault’s electric vehicle (EV) has been deployed for Umicore, a multinational materials technology company headquartered in Belgium.
Canada-headquartered start-up Li-Cycle has claimed a victory in commercialising its lithium battery recycling processes, with a shipment sent to a customer just before the end of last year.
The 10 most popular blogs on Energy-Storage.news during 2019 offer a fairly strong indication of the overall topics leading industry thinking during the year - so without further ado, here they are:
Flow batteries have so far, failed to live up to the disruptive potential they promise, a new report says, but authors Alex Eller and William Tokash at Navigant Research have identified 12 leading vendors in the nascent field, based on metrics of strategy and execution.
Lead acid batteries are “the most recycled” consumer product used in the US today, according to National Recycling Rate Study, a new biennial report from the Battery Council International (BCI).
While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
GE Renewable Energy, an arm of the US engineering giant, will supply 100MWh of battery energy storage systems (BESS) to three projects being developed by Convergent Energy + Power in California.