Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
“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.”
Lithium-ion battery manufacturer Samsung SDI has claimed an industry first, passing UL9540A test certification for the safe installation of stationary energy storage systems (ESS), with particular regard to the fire risk posed by thermal runaway.
After a power failure and fire at a battery storage system in South Korea was investigated, DNV GL has reported that “current approaches” for monitoring and preventing fires may be inadequate and could result in “small failures” becoming “major issues”.
KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.
Here's the extended audio version of our recent interview with Lior Handelsman, founder and VP for product and marketing strategy, talking for the first time in depth about the forthcoming launch of a battery system under the SolarEdge brand.
News in brief from around the world of energy storage.
One of New Zealand’s main gas and electric distribution companies has turned to distributed energy storage systems as a cost-effective alternative to long-distance wires and related infrastructure.
An EV and stationary energy storage battery start-up headed by former SpaceX, Tesla, Apple, Amazon and Samsung designers and engineers has mobilised almost US$100 million of financing and contracts to kickstart manufacturing operations.
Regulations for the safe use of energy storage systems still need adaptation to “accommodate a broader use of energy storage with higher energy content like lithium-ion batteries in private homes”, experts at Fraunhofer ISE (Institute for Solar Energy Systems) have said.
Each battery storage system is a potential source of danger. An ingenious battery management system as well as high-quality cells are the key to a safe operation. For this you need a lot of know-how. Dr Olaf Wollersheim of Solarwatt talks through some of the main topics and solutions.
Simpliphi Power’s cobalt-free lithium-ion storage systems, which claim to eliminate the threat of thermal runaway, have been integrated into the Global Sustainable Energy Solutions (GSES) inaugural solar mobile training courses in Australia.
SimpliPhi Power will enter the residential and light-commercial storage market with its non-toxic lithium ferrous phosphate battery.