Some news in brief from around the world of energy storage this week: UK residential storage company chases scale with crowdfunder, Younicos could hire 150 more employees by 2017, and Southern California Edison is set to flick the switch on a grid-stabilising storage system from NEC ES.
Utilising renewable energy instead of traditional diesel generators on islands and in remote areas would bring “substantial socio-economic benefits”, according to a new report from the International Renewable Energy Agency (IRENA).
Lilia Xie of Lux Research spoke with the founders of 24M, which claims to have reduced lithium cell costs by 50% over existing technologies and is targeting US$100 per kWh by 2020.
24M, a battery company that claims it can achieve 50% cost-savings over existing Li-ion technology and hit US$100 per kWh by 2020, is positioning itself as a ‘disruptor’ of the energy storage space, an industry analyst has said.
ASD Sonnenspeicher is preparing to put a new piece of battery technology on the market that allows cells to be connected in parallel, with the company claiming it could have a transformative effect on energy storage, batteries and EVs.
The average global cost of installing residential energy storage systems will fall from US$1,600 per kWh in 2015, to US$250 per kWh by 2040, according to the latest Bloomberg New Energy Finance (BNEF) report.
Oil major Shell is to purchase 20MW of energy storage from Advanced Microgrid Solutions (AMS).
Makers of flow batteries have redoubled their efforts to make the technology the leading choice for utility-scale storage applications, with one installing the largest such system to date in Europe and North America just a few days ago.
John Grimes of Australia’s Energy Storage Council reports back from a recent visit to China, where he took a look at the processes and state of play of some of the country’s battery manufacturers.
UK energy efficiency solutions provider Anesco has bolstered its portfolio of operational storage solutions, installing its second commercial battery at a solar farm.
