GCL System Integration (GCL SI) has created a joint venture to expand its energy storage business in the Asia-Pacific region with US-Based energy storage technology provider Powin Energy.
In what is unlikely to become a regular feature of Energy-Storage.news, but seems apt nonetheless, this edition rounds up news from some of the latest behind-the-meter orchestras of small-scale resources in the past few weeks.
Lithium-ion battery manufacturer Samsung SDI has claimed an industry first, passing UL9540A test certification for the safe installation of stationary energy storage systems (ESS), with particular regard to the fire risk posed by thermal runaway.
While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
After a power failure and fire at a battery storage system in South Korea was investigated, DNV GL has reported that “current approaches” for monitoring and preventing fires may be inadequate and could result in “small failures” becoming “major issues”.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
New technologies and designs aimed at driving down the cost of energy storage facilities are currently the focus of intense industry R&D. Sara Verbruggen reports on DC coupling, an emerging system architecture that many believe will soon become the industry standard.
