The cost of Lithium-ion battery packs has fallen close to 90%, and rates lower than US$100/kWh have been reported for the first time, foreshadowing rapid declines across the energy storage market.
The latest edition of PV Tech Power – PV Tech Power 25 – is now available to download from the PV Tech Store. Volume 25 of our downstream solar journal tackles a number of the most pressing topics in utility-scale solar development today and includes Storage & Smart Power, the section contributed to every edition by the team here at Energy-Storage.news.
Ensuring high quality levels in the manufacturing of lithium-ion batteries is critical to preventing underperformance and even safety risks. Benjamin Sternkopf, Ian Greory and David Prince of PI Berlin examine the prerequisites for finding the ‘sweet spot’ between a battery’s cost, performance and lifetime.
China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
A collaboration to study the potential for virtual power plants (VPPs) between Japanese electronics giant Toshiba and German aggregator and power trader Next Kraftwerke has led to the formation of a joint venture (JV) between the two.
Energy storage could solve problems of reliability for grid operators in India, such as the electricity blackout which struck Mumbai last month, a panel at the India Energy Storage Week conference heard today.
Rosatom, Russia’s biggest electricity provider and the country’s supplier of nuclear fuel for power plants, has opened an energy storage business unit baed around lithium-ion batteries.
