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.

Terraform Power, the renewable energy investment vehicle launched by SunEdison, the world’s biggest cleantech developer at present, is set to make its first acquisition in energy storage, SunEdison announced yesterday.

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.

Lithium-ion (Li-ion) batteries accounted for 90% of all proposed grid storage projects in 2014, according to a new study by Lux Research.

Tesla’s much talked about Gigafactory should be up and running in 2017. PV Tech Storage spoke to analyst Dean Frankel of Lux Research about some of the details and talking points of the EV maker’s ambitious plan to hit ‘500,000 battery packs by 2020’.

German mechanical engineering company Manz has supplied a lithium-ion battery production line to a research centre for the commercial production of the batteries, initially for the e-mobility sector, at the Center for Solar Energy and Hydrogen Research Baden-Wuerttemberg (ZSW) in Ulm.

An “enormous” request for proposal (RFPs) put out by the Hawaii Electric Company (HECO) for up to 200MW of energy storage was responded to by more than 60 would-be developers.

Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, after company officials including chief executive officer Elon Musk appeared alongside the US state’s governor at a press conference held yesterday afternoon.