In addition to Silicon Valley, California could also be host to its own “Lithium Valley” as the US state’s Energy Commission met last week to discuss extracting the vital battery ingredient from geothermal brine.
Northvolt, the startup which recently netted a US$1 billion equity raise for its initial lithium battery ‘gigafactory’ in Sweden, has said that its ambitions extend deep into the energy storage solutions space, in addition to its involvement with major carmakers.
As we move into a new decade, the question is whether the burgeoning US energy storage industry will be able to maintain its current path of rapid growth. All signs suggest that it will, argues Ricardo F. Rodriguez of Navigant Research.
Virginia lawmakers passed a bill to support the US Commonwealth’s electric grid going 100% “clean” by 2050, which includes an energy storage deployment target of 3.1GW by 2035.
While energy storage system (ESS) batteries are often described as stationary storage to distinguish them from batteries used in automotive applications, a new partnership in Europe turns containerised ESS into mobile power sources.
Manz AG, manufacturing equipment supplier, has signed off on a €20 million (US$21.83 million) deal with “high performance” battery maker AKASOL for planned ‘gigafactories’ in Germany and in the US.
Testing of Yotta’s microstorage units at CSUDH’s campus in Carson marks new mainstreaming attempt for hybrid technology others have tried to take to commercial viability in the past.
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.
