Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said.
LG Energy Solution, formerly known as LG Chem, has announced plans to invest in significantly increased production capacity within the US for batteries to be used in electric vehicles (EVs) and energy storage systems (ESS).
News in brief from around the world in energy storage.
A politically bipartisan effort to introduce investment tax credit (ITC) incentives to support and accelerate the deployment of energy storage in the US could be a “once in a generation opportunity” to protect the future of the earth.
Pacific Gas & Electric (PG&E), one of California’s three main investor-owned utilities, has said that 1,400MW of battery storage is to be deployed in its service area by the end of 2023 will keep the company on-track to meet statewide renewable energy goals “while ensuring grid reliability”.
Uplight, a US energy software company that helps electric utilities reduce their baseload energy use by monitoring and adapting how their networks operate based on consumer behaviour, has reached a valuation of US$1.5 billion following investment from groups including Schneider Electric.
The latest edition of PV Tech Power – PV Tech Power 26 – is now available to download, including Storage & Smart Power, the section brought to you by Energy-Storage.news.
The US’ installations of advanced energy storage — almost entirely lithium-ion battery systems — went beyond the 1GW mark in 2020, while in capacity terms the figure was close to 3.5GWh.
Re-examining older and potentially hazardous battery energy storage systems should be an "essential" tool in fire prevention, according to a panel of industry leaders.
Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. It may be a unique market with unique characteristics, but what wider role can batteries — and other energy storage technologies — play in assisting the grid to remain stable and prevent a situation like this from happening again?
LG Energy Solution, formerly known as LG Chem, is offering free replacements to customers for some of its battery energy storage systems sold in Australia due to potential defects that could cause overheating.
What does the energy storage industry make of Biden’s commitment to ‘Build Back Better’ and to rejoin the Paris Agreement?
With the US having rejoined the Paris Accord on the climate crisis last week, President Joe Biden has now signed an Executive Order which identifies the importance of mitigating risks in the supply chain for “large capacity batteries”.
Pylontech has said it will have 4GWh of battery energy storage system manufacturing facilities in operation within three years, after it raised around US$300 million from listing on the Shanghai Stock Exchange.
Electricity distributor Ausgrid has launched its first community battery project in Sydney
The February 2021 episode of the Solar Media Podcast is now available to stream and asks the question: Could solar energy deployment in 2021 top 200GW?