Tesla has reported a significant year-on-year increase in business for its stationary energy storage systems, but more attention has been focused on delays in Model 3 deliveries and a decline in solar installs.
Car manufacturer Renault has created a new energy subsidiary which will create smart charging networks, explore vehicle-to-grid (V2G) solutions and utilise second-life EV batteries for stationary energy storage projects.
The sale of an NEC Corporation business division involved in manufacturing lithium-ion batteries will have no material impact on the group’s activities in energy storage, according to a company spokesman.
British government minister Greg Clark today unveiled the first phase of a £246 million (US$320 million) investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.
In Europe the number of e-buses in circulation is far smaller than in China, which accounts for 98% of the world’s fleets. However, the market is entering a period of rapid growth. This comes with significant challenges for batteries, Anil Srivastava of Leclanché writes.
Britain’s government has thrown its weight behind vehicle-to-grid (V2G) by announcing £20 million (US$25.8 million) would be available for a competition to further the development of the bi-directional electric vehicle charging technology.
With a surprise general election coming in June for Britain’s ballot-weary voters, Ian Larive of Low Carbon looks at the possibility of political flux interrupting the industry’s momentum – and why whichever party is victorious, they should back energy storage.