The Energy Storage Report 2024
Now available to download, covering deployments, technology, policy and finance in the energy storage market
The Advanced Lead Acid Battery Consortium (ALABC) has set out a three-year research programme to improve the performance of lead batteries in energy storage and electric vehicles. It has called for investment of up to US$2 million per year from governments and research agencies to fund its studies, which will run through 2018.
Used electric vehicle (EV) batteries could soon be on the market at a significantly reduced cost that competes with brand new energy storage systems, according to a Bloomberg New Energy Finance (BNEF) report.
Despite its thirteenth quarterly reverse on the spin, Tesla chairman and chief executive Elon Musk predicts Tesla and SolarCity will create an automotive-energy giant worth US$1 trillion.
It’s no surprise that Elon Musk’s announcement that he was working on Tesla’s second master plan was met with great anticipation. Lux Research’s Chris Robinson looks in depth at the new strategy, which included autonomy, solar power, some vehicles we expected, and some vehicles we didn’t.
India’s transport minister Nitin Gadkari has called on Tesla to set up an Asian manufacturing hub within India and even offered land near major Indian ports to facilitate vehicle exports.
Redox flow battery EV maker nanoFlowcell is planning a stock market flotation on the back of a major restructuring process.
Automotive giant Nissan has launched a “groundbreaking” vehicle-to-grid project alongside a new battery storage system which it says will power the firm’s UK offices by 2017.
The acquisition of a “next generation” battery start-up by Bosch could be a milestone for the e-mobility sector, but represents a risk for the German engineering giant, according to one analyst.
GE’s intention to move into the energy storage industry is a further sign that the sector is maturing, a leading analyst has said.
Battery manufacturer BYD’s deal to supply up to five electric double-decker buses for London is a “big win” for the company but not enough for them to start discussions on a European base, according to Lux Research’s Lilia Xie.