A joint venture (JV) partnership to develop and construct long-duration liquid air energy storage (LAES) projects at scale in Latin America has revealed plans for its first project.
Using vanadium for battery electrolytes could be twice as profitable as supplying it for steel production, which is currently the major industrial use for the abundant metal, vanadium producer Largo Resources has said.
Agilitas, a developer of distributed solar PV projects in the northeast US, has acquired an energy storage company in New England and its three operational projects.
This edition of our news in brief from around the world focuses on novel technologies promising several hours or more of competitively-priced energy storage.
Emphasis has been placed once again on the importance of developing domestic battery supply chains for electric vehicles and energy storage by the administration of US President Joe Biden, with the country currently highly dependent on imports.
Nearly 12,000MWh of energy storage could be installed in the US during 2021 and the market will continue growing significantly over the next few years, according to research and analysis group Wood Mackenzie Power & Renewables.
Fluence has completed the commissioning of two large-scale battery projects in the Philippines, following similar announcements by rivals ABB and Wärtsilä.
While much attention is paid to the need to recycle electric vehicle (EV) batteries, stationary energy storage systems are also “playing a crucial role in the big picture of battery recycling,” Li-Cycle’s chief commercial officer has said.
Construction is set to begin in Australia on a grid-scale power generation and long-duration energy storage project combining solar power and thermal energy storage, after the company behind the project said this morning that funding has been secured.
