Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
ROUNDUP: ARPA-E funding for sodium ion, ENGIE in big Italy V2G, Enel X partnership to take on Canada
More news in brief from around the world in energy storage.
BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
Lithium has been added to a list of raw materials deemed essential to secure supply in Europe, for the first time ever, by the European Commission.
Standards, guidance and best practice relating to the installation and deployment of battery storage are often talked about in the industry, and rightly so. What is perhaps less often focused upon, is evaluation of the battery equipment itself before it even leaves the factory. PI Berlin’s Benjamin Sternkopf and Ian Gregory speak about their new lithium cell assessment service.
Stationary energy storage in support of electric vehicles (EVs) charging could reach a global installed capacity of 1,900MW by the end of 2029 according to a new Guidehouse Insights report.
The reuse of electric vehicle (EV) batteries in stationary storage systems offers great possibilities, but investors still need to gain confidence in the ‘second life’ battery concept, the CEO of a company behind a new project in England has said.
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.
Mitsubishi, Japanese telecoms co NTT step up focus on renewables, storage, EVs and energy management
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
South Wales is likely to be the location for the UK’s first lithium-ion 'gigaplant', as Britishvolt announces plans to combine the site with solar.
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”.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
A survey of over 2,000 “senior business leaders” in G20 countries has found that electric vehicles and battery storage are the most popular assets to invest in among non-power generation technologies in the energy sector.
The Energy Storage Digital Series, an online-only conference and webinar series, produced and hosted by the events division of our publisher Solar Media kicked off yesterday. Here are some highlights and key quotes from opening panel discussion: 'Predicting the energy storage tech of the future'.
South Korean lithium-ion battery manufacturer SK Innovation will begin construction on the second of two manufacturing plants in the US state of Georgia this summer, with the first already under construction.
Energy solutions company Alfen has seen its quarterly revenue climb across all three of its business lines, with its energy storage arm seeing revenues increase by 144% against the first quarter of 2019.
Moving from today’s gas stations to their electrified equivalent can present a challenge so “dramatic” that in some cases, microgrids may be the only viable solution, a representative of Schneider Electric has said.
What’s being described as Europe’s largest electric car charging park will be kitted out with 2MWh of stationary battery storage systems from Tesvolt, charged with “green energy from the grid”.
A 5MW / 20MWh energy storage system built around the batteries BMW uses in its i3 electric vehicles (EVs) will help integrate renewable energy into the electric grid in Uppsala, Sweden.
Jan Andersson, market development manager at Wärtsilä, explores the need for large-scale energy storage solutions to aid the proliferation of electric vehicles and their necessary charging infrastructure.
We sat down with Vincent de Rul, Director of Energy Solutions at EDF, based in the UK, to discuss the long term opportunities that battery storage and related technologies represent for energy flexibility and the future of renewable energy.
A number of projects have been announced in the past couple of weeks highlighting the link between the stationary energy storage space and electric cars - aka “batteries on wheels”.
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.
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.
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
News in brief from around the world in energy storage.
Pivot Power is keeping an eye on solutions other than lithium-ion, but chief executive Matt Allen stressed the need to focus on the now and deploy chemistries that are "ready and investable".