AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.
“Preventing a service event from becoming a catastrophic one,” is how Cadenza Innovation CEO Christina Lampe-Önnerud describes the way her company’s lithium-ion ‘Supercell’ battery architecture reacts to thermal runaway.
More up-to-date training could have prevented severe injuries sustained by four firefighters in the April 2019 fire and explosion at battery storage facility in Arizona, according to a report into the incident from UL Firefighter Safety Research Institute (UL FSRI).
There’s a race to develop new technologies – and adapt existing ones – that can either be complementary to lithium batteries, or even compete with them. Representatives from three technology providers offer up some case studies, data, insights and opinions on where they think the market could go.
More electricity storage and longer durations will be needed for the UK to meet net zero, according to electricity system operator National Grid ESO’s latest modelling.
Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
Independent power producer EDF Renewables North America has signed a 22-year power purchase agreement with NV Energy for a 200MWac solar project coupled with a 180MW, four-hour battery storage system.
California investor-owned utility (IOU) Pacific Gas & Electric has begun work constructing a 182.5MW / 730MWh battery energy storage system (BESS) project at a substation in California.
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
