Rolls-Royce Power Systems, the Germany-headquartered engines and propulsions company in the Rolls-Royce Holdings group, has taken a majority interest in microgrid and hybrid power solutions company Qinous.
Kyocera has officially launched a residential energy storage system using an advanced manufacturing process that supplier 24M claims can reduce some of the key costs of lithium battery making by as much as 50%.
The India Energy Storage Alliance (IESA) has published its fifth edition of its India Stationary Energy Storage market report, which predicts that the market for energy storage in India will grow at a CAGR of 6.1% by 2026.
The fourth episode in the series takes a look at the rapidly increasing solar and storage commitments from some of energy’s biggest names, discuss the rise and rise of long-duration storage; and what climate maessages are coming out of the UK’s general election?
Northvolt, the start-up aiming to manufacture lithium-ion batteries on a massive scale in Europe sustainably, has signed a contract to deliver its own first commercial energy storage system (ESS) project and revealed news on a second planned ‘gigafactory’ in Germany.
Tesla has come under fire for its employment practices once more, with reports of discrimination complaints laying bare worries over profitability at the firm’s very top.
Tesla will “build batteries, powertrains and vehicles” at its European gigafactory, which company CEO Elon Musk has tweeted will be in the Berlin area of Germany.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
