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“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.”
Avalon Battery and redT have revealed that their proposed merger will create a new company to be known as Invinity Energy Systems.
redT has been given a provision notice from Pivot Power to manufacture 2MW/5MWh of vanadium redox flow batteries as part of the Energy Superhub Oxford project, striking up a partnership with vanadium producer Bushveld Minerals to support the project.
Former Governor of New York George Pataki has welcomed the possible siting and construction of a vanadium redox flow battery (VRB) factory in the state.
As energy storage becomes an increasingly integral part of a renewables-based system, interest in and discussion around non-lithium (and non-pumped hydro) technologies increases. A team of experts from CENELEST, a joint research venture between the Fraunhofer Institute for Chemical Technologies and the University of New South Wales take a deep dive into redox flow batteries.
While lithium-ion batteries get most of the headlines, long-duration solutions of various types are gaining ground. Alice Grundy and Andy Colthorpe profile some of the established and emerging concepts in this increasingly important field.
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:
The latest volume of PV Tech Power, Solar Media's quarterly technical journal for the downstream sector, is now available to download free of charge.
The fourth episode in the series takes a look at the rapidly increasing solar and storage commitments from some of energy's biggest names, discuss the rise and rise of long-duration storage; and what climate maessages are coming out of the UK's general election?
Defense and aerospace giant Lockheed Martin wants to be the first disruptive company of the flow battery era, with the expectation that its first devices will go into series production before the end of this year.
RedT has confirmed that Avalon chief executive Larry Zulch will lead the combined entity should its proposed merger complete, with Scott McGregor set to depart at the end of the year.
Redflow’s zinc-bromine based devices have been picked by the New Zealand Rural Connectivity Group to help extend mobile coverage and internet connectivity to thousands of homes and businesses in remote areas.
Softbank Group’s SB Energy subsidiary is among investors that contributed to a successful US$30 million Series C funding round for ESS Inc, a US-headquartered manufacturer of iron flow batteries that use a proprietary saltwater electrolyte.
Energy-Storage.news was delighted to be asked to moderate a session in which participants and pioneers of UK energy storage - and solar - gave their perspectives on everything from the right technologies and what they can do, how financiers view the market today, to how we can all join together to create a modern, clean and sustainable energy sector.
Energy-Storage.news editor Andy Colthorpe shares his top takeaways from last week's Solar Power International convention, incorporating Energy Storage International and hosted this year at the North American Smart Energy Week in Utah.
Australia-headquartered flow battery maker Redflow is continuing with a strategy of selling devices into the telecoms sector, agreeing on a second deal to repower mobile phone towers for a South African provider.
Some choice words from conversations with Scott McGregor, CEO at redT, Avalon Battery president and chief product officer Matt Harper and NEXTracker’s chief technology officer, Alex Au.
The International Flow Battery Forum is taking place this week and long-time organiser, Anthony Price of consultancy Swanbarton, wrote to Energy-Storage.news with some of his views on the market and a snapshot of where development currently lies.
Update included confirmation that cash reserves stand at around US$4.31 million, enough to continue meeting the firm's obligations until December this year.
BASF is using NGK Insulators’ sodium sulfur batteries as its entry point into the energy market, with the German chemical company signing up as a sales partner to the Japanese manufacturer.
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, owner and operator of the only known “Gulf Coast” style domal-quality salt formation in the western US, have launched an initiative that will see the start of the development for the Advanced Clean Energy Storage (ACES) project in central Utah. Tabbed by MHPS as the world’s largest project of its kind, the ACES initiative will develop 1GW of renewable energy storage.
ICYMI: This year's Intersolar Europe was accompanied by the biggest energy storage show to take place at the Munich industry bonanza. For those of you that couldn't be there, or were perhaps too busy with meetings to take in the whole show, here are some pictorial highlights and some quick commentary.
Following announcements from various manufacturers of deployments and partnerships in new territories, the latest wave of flow battery news includes an agreement that could put batteries in space for mission critical applications at the likes of NASA and the International Space Station.
'Hybridising' energy storage systems by combining lithium-ion and flow batteries, shares the power and energy application workloads between the two types of battery and can prolong their life expectancy, a representative of Thai engineering firm TSUS Group has said.
While energy storage, like the electrification of transport, is often discussed as the ‘Next Big Thing’ for first world economies, this emerging technology is starting to play an important role in developing nations too.
Energy storage firm redT has landed more than £3 million (US$3.92 million) from an open share offer, effectively securing its immediate future.
The development of systems capable of storing over six hours of energy economically is being supported in New York with an Innovation Challenge launched by the New York Power Authority (NYPA) and Urban Future Lab, a cleantech innovation centre.
Liquid air energy storage (LAES), so far only deployed at scale at two sites in England, will be available in a number of new territories after manufacturer Highview Power signed a deal claimed to be worth €1 billion (US$1.12 billion).
A key missing piece in the clean energy puzzle is the question of how to provide baseload power in an electricity system dominated by intermittent renewables. Javier Cavada of Highview Power examines cryogenic long-duration storage as a possible solution.
24M, spun out of an MIT laboratory, claims its latest semi-solid battery ‘breakthrough’, Dual Electrolyte technology, heralds a new era to come for advanced lithium batteries. Andy Colthorpe spoke to some of the company’s leadership team to find out more.