Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
More than 500 residential energy storage batteries will be aggregated into a virtual power plant (VPP) by US utility Portland General Electric (PGE), with some participating households offered US$5,000 rebates on battery system purchases as well as money off their monthly electricity bills.
Our ability to generate renewable energy is scaling up fast, and solutions to integrate that energy will rely on technologies like blockchain to help keep new solutions on track. Power Ledger’s executive chairman and co-founder, Dr Jemma Green, looks at the role blockchain plays within her company’s platform to integrate and automate solar energy trading and balancing.
Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
FlexGen, an energy storage system integrator that counts GE and Caterpillar among its backers, said this week that a lithium-ion battery storage system it was supplied was used by an Indiana utility to black start a 77MW natural gas plant.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
Siemens Energy has formed a partnership aimed at sustainably decarbonising the industrial sector with Norway-headquartered thermal energy storage company EnergyNest.
When most people think of the metals that power today’s energy storage systems, vanadium and lithium are at front of mind. Ron MacDonald, president and CEO of Zinc8, argues the case for another metal playing an important role.
