As early as next year, demand for energy storage in consumer electronics could be overtaken by markets for electric mobility and stationary energy storage, Lux Research has forecast.
Total’s acquisition of battery provider Saft has set the tone for oil majors to follow and invest in energy storage, distributed generation and solar power ventures, according to a new report from Lux Research.
It’s no surprise that Elon Musk’s announcement that he was working on Tesla’s second master plan was met with great anticipation. Lux Research’s Chris Robinson looks in depth at the new strategy, which included autonomy, solar power, some vehicles we expected, and some vehicles we didn’t.
The California Public Utilities Commission (CPUC) has reformed the Self-Generation Incentive Programme (SGIP) that finances the installation of distributed generation technologies, to now benefit long-duration technologies that previously missed out on the incentive, through the extended US$83 million a year for behind-the-meter storage.
After claiming that interest in Powerwall and Powerpack was “overwhelming” and “crazy” seven months before the first commercial installations began, Tesla CEO Elon Musk announced that close to 400,000 people have reserved a Model 3, due out next year. Andy Colthorpe asks how much Tesla’s overall success in its stated mission to accelerate the transition to clean energy is pinned to a successful roll-out from the Gigafactory for the car.
While lithium-ion is expected to hold its leading position as the battery chemistry of choice for at least the next decade, it would be wise to consider investing in its possible successors, according to Lux Research.
An analyst has hailed the work of a University of Cambridge team developing the “ultimate” lithium-air battery for overcoming some of the technology’s limitations, but has expressed doubts as to its prospects for commercialisation.
Lux Research published 2015’s fourth quarter update to its Grid Storage Tracker earlier this month, tracking every stationary deployment of advanced energy storage globally. Dean Frankel, research associate at Lux talks through some of the headline findings and big trends and explains why it has been a “monumental year” for energy storage.
Multinational conglomerate corporation GE has announced Current, a new energy company that combines GE’s LED, solar, energy storage and electric vehicle businesses with its Predix platform to single out and provide cost-effective and efficient energy solutions to customers.
A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.
The acquisition of a “next generation” battery start-up by Bosch could be a milestone for the e-mobility sector, but represents a risk for the German engineering giant, according to one analyst.
GE’s intention to move into the energy storage industry is a further sign that the sector is maturing, a leading analyst has said.
Terraform Power, the renewable energy investment vehicle launched by SunEdison, the world’s biggest cleantech developer at present, is set to make its first acquisition in energy storage, SunEdison announced yesterday.
Lilia Xie of Lux Research spoke with the founders of 24M, which claims to have reduced lithium cell costs by 50% over existing technologies and is targeting US$100 per kWh by 2020.
24M, a battery company that claims it can achieve 50% cost-savings over existing Li-ion technology and hit US$100 per kWh by 2020, is positioning itself as a ‘disruptor’ of the energy storage space, an industry analyst has said.
Lithium-ion (Li-ion) batteries accounted for 90% of all proposed grid storage projects in 2014, according to a new study by Lux Research.
Tesla’s much talked about Gigafactory should be up and running in 2017. PV Tech Storage spoke to analyst Dean Frankel of Lux Research about some of the details and talking points of the EV maker’s ambitious plan to hit ‘500,000 battery packs by 2020’.
German mechanical engineering company Manz has supplied a lithium-ion battery production line to a research centre for the commercial production of the batteries, initially for the e-mobility sector, at the Center for Solar Energy and Hydrogen Research Baden-Wuerttemberg (ZSW) in Ulm.
An “enormous” request for proposal (RFPs) put out by the Hawaii Electric Company (HECO) for up to 200MW of energy storage was responded to by more than 60 would-be developers.
Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, after company officials including chief executive officer Elon Musk appeared alongside the US state’s governor at a press conference held yesterday afternoon.
A team at Harvard is pursuing a metal-free battery chemistry based on organic molecules called Quinones. The technology potentially offers an abundant and safe material to use for scaling up flow batteries, but according to the energy storage team at Lux Research in Boston, there are significant limitations based on project cost.