Commercially viable energy storage has the potential to change the game by solving the energy trilemma. Arshad Saleem, from KIC InnoEnergy, which invests in and supports European sustainable energy, says marrying start-up innovation and big business experience could accelerate the journey to viability.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
Roundup: Activist-entrepreneur Danny Kennedy seeks innovative solutions for international showcase, Statoil and Scotland look at batteries for offshore wind, Tesla stops selling 10kWh Powerwall.
Lilia Xie of Lux Research spoke with the founders of 24M, which claims to have reduced lithium cell costs by 50% over existing technologies and is targeting US$100 per kWh by 2020.
24M, a battery company that claims it can achieve 50% cost-savings over existing Li-ion technology and hit US$100 per kWh by 2020, is positioning itself as a ‘disruptor’ of the energy storage space, an industry analyst has said.
ASD Sonnenspeicher is preparing to put a new piece of battery technology on the market that allows cells to be connected in parallel, with the company claiming it could have a transformative effect on energy storage, batteries and EVs.
Trojan Battery, manufacturer of deep-cycle lead acid batteries, has announced that it is expanding its research and development capabilities with a new facility in Sligo, Ireland.