Vertically-integrated vanadium mining, production and supply company Largo Resources wants to launch its own vanadium redox flow battery (VRFB) onto the market within a year-and-a-half, predicting that the technology will play a “critical role” in addressing significant demand for energy storage.
The amount of corporate funding coming into the global battery storage industry in 2020 was more than double the amount the previous year, with over US$6.5 billion raised last year compared to around US$2.8 billion in 2019.
Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company.
Solar-plus-storage systems at customers’ homes in Hawaii will create a “comprehensive” virtual power plant (VPP) network on three Hawaiian islands of up to 6,000 individual systems.
Siemens has partnered with the company behind what is to be the UK’s first lithium-ion battery gigafactory, providing it with its Digital Enterprise Technology, which can simulate gigaplant production processes and flows ahead of construction.
At first glance, renewable power generation has created, in the eyes of traditional industries, an investment nirvana. By understanding how these better-capitalised companies view renewables’ merchant risk, we can identify where future energy storage projects should seek finance partners, says Charles Lesser, a partner at Apricum – The Cleantech Advisory.
The lion’s share of new funding announced this week to help scale-up potentially disruptive technologies by the Advanced Research Projects Agency – Energy (ARPA-E) of the US government Department of Energy (DOE) will go to battery and smart grid technologies.
Virginia’s clean energy policies introduced during 2020 included the US’ biggest state-level target for deployment of energy storage – and the state’s regulator has now introduced the rules intended to enable achievement of that target.
The Solar Media Podcast returns for a new season to mark the new year. In this first episode of 2021, sponsored by SKE Engineering, Andy Colthorpe and Liam Stoker cast their gazes at the horizon and profile what the immediate future holds for the solar and storage industries.
Tom Bensen, Nick Warner, Ryan Franks and Michael Bowes from energy storage and fire safety expert group Energy Safety Response Group (formerly Energy Storage Response Group) discuss some of the most important aspects of creating a safe battery storage industry.