Electric ‘supercar’ firm Rimac is bringing “leading expertise in extracting maximal performance” from battery cells to its new energy storage division, which will also consider non-lithium technology, it told Energy-Storage.news.
Gigawatt-hours of used EV batteries are now hitting the market, and California-based Element Energy claims it has the ideal BMS platform to scale second life energy storage technology.
Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.
A 25W battery energy storage facility in Germany with used battery cells from EVs including forklifts has been completed by developer JT Energy Systems.
Lithium-ion battery pack manufacturer Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing through a SPAC merger, before doubling in 2023.
With batteries today finally reaching the size and capacity that enables renewables to replace medium-sized natural gas generators, a future ruled by solar and storage is just around the corner, writes Radoslav Stompf, CEO of FUERGY.
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.
A number of projects have been announced in the past couple of weeks highlighting the link between the stationary energy storage space and electric cars – aka “batteries on wheels”.