Northvolt, the Swedish battery start-up founded by former Tesla executives, has closed in on two possible sites for its planned multi-gigawatt production facility.
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
As early as next year, demand for energy storage in consumer electronics could be overtaken by markets for electric mobility and stationary energy storage, Lux Research has forecast.
A distributed infrastructure subsidiary of Southern Company, one of the US’ biggest utilities, has formed a partnership with Advanced Microgrid Solutions (AMS) to execute behind-the-meter distributed energy projects.
An analyst at Navigant Research has said he was surprised to see Tesla dominate California’s SGIP (Self-Generation Incentive Program) applications, with the Silicon Valley car and tech company accounting for half of all requested funds.
Energy Renaissance is constructing a 1GWh per annum lithium-ion battery storage manufacturing plant at Darwin, in the Northern Territory of Australia, while CEFC has financed a 2Mtpa lithium concentrate mining project in Western Australia.
US-based trade industry groups NY-BEST and the Energy Storage Association, have welcomed the passing of bills in New York providing a framework for the state’s regulator to establish an energy storage deployment programme.
UPDATED: The Queensland government plans to remove the premium feed-in tariff (FiT) from PV consumers on its Solar Bonus Scheme who install energy storage batteries.
