Tesla will acquire Maxwell Technologies, it was announced this week, although it is not clear yet which of Maxwell’s product lines, including ultracapacitors, are of most interest to the Silicon Valley automaker and new energy company.
A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.
Uncertainty persists around the impact bankruptcy proceedings brought about at investor-owned utility Pacific Gas & Electric (PG&E) could have on renewables contracts and energy storage projects as it faces “extensive litigation” and “significant liabilities” for California wildfires.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
LG Chem, IBM and Ford Motor Company have joined an effort to increase the transparency of supply chains for cobalt used in batteries – referred to by some as the ‘Blood Diamond’ of the energy and tech sectors.
A 6MW / 6MWh containerised energy storage system will help provide power to all 19,000 inhabitants of a tiny Caribbean island, installed by Wartsila, via its recently-acquired energy storage system integrator subsidiary Greensmith.
While the likes of California, Massachusetts and New York make headlines as the leading US states for energy storage policy, initiatives from the ground up in New Hampshire, Georgia and Michigan have been announced already this year.
We hope you’ve enjoyed our series looking back on last year’s challenges, milestone and successes and looking ahead to a busy 2019. After featuring a range of views from industry participants and experts, now it’s my turn to throw out some predictions for the year ahead…
Acquisition feeds into the inverter and smart energy company’s overall ‘masterplan’ to involve itself in the full gamut of distributed and clean energy market segments.
