Global demand for batteries for energy storage system (ESS) applications will grow 30% during this year, with the US leading the charge, LG Energy Solution has predicted.
New rules could open up Sweden’s flexibility services market but may also simply favour incumbents, Nordic flexibility services provider Flextools told Energy-Storage.news, discussing wider challenges to deployment.
Up to US$16,000 in upfront incentives are available per customer for residential battery purchases in Connecticut after changes were made to a utility scheme in the US state.
Quantumscape is ‘not revealing a commercialisation roadmap for non-automotive applications’ for its solid state battery, it told Energy-Storage.news, while 24M Technologies gave us an update on its latest ‘SemiSolid’ battery product.
The government of Queensland, Australia, will invest in 48MW/96MWh of distributed battery storage and trial the use of flow batteries to integrate rooftop PV generation into local networks.
Europe-based sodium-ion battery technology firms Tiamat and Altris have secured a total of €29 million (US$31.5 million) in new funding, from a fundraise round and the Swedish state respectively.
The German government published a strategy for electricity storage in December, with a comment period for trade associations closing yesterday (16 January).
An official opening took place this morning for the new vanadium flow battery electrolyte factory in Western Australia build by Australian Vanadium (AVL).
