This year has already seen “significant acceleration” of activity in the global grid-connected energy storage market, with 4.3GW expected to be deployed this year, analysis firm IHS Markit has said.
The race to build Europe’s first lithium-ion energy storage system ‘Gigafactory’ could be won by Tesvolt, as the German manufacturer announced a “multimillion-euro investment” in production lines this week.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
China’s BYD has signed a deal which could see up to 100MWh of its systems deployed in Mexico as part of a distributed energy and large-scale solar buildout by finance group Pireos Capital.
A recycling process for lithium-ion batteries already up and running, by Finnish state-owned energy services company Fortum could make dramatic reductions in their environmental footprint, the company has said.
24M, spun out of an MIT laboratory, claims its latest semi-solid battery ‘breakthrough’, Dual Electrolyte technology, heralds a new era to come for advanced lithium batteries. Andy Colthorpe spoke to some of the company’s leadership team to find out more.
US-based energy storage technology provider Powin Energy has claimed it has a pipeline close to 500MWh of projects under contract, including recent awards totalling 70MWh for customers in North and Central America and in Italy.
