While lithium-ion enjoys the most media and customer interest at the moment, alternative technologies for storing energy could become competitive – if investors are willing to take them on to the extent that manufacturing efforts can be greatly scaled up.
Idaho-headquartered KORE Power claims it will have 6GWh annual production capacity for its lithium battery energy storage solutions, based on high-power nickel manganese cobalt (NMC) cells, up and running during the first quarter of next year.
We talk about how solar and storage can be competitive with fossil fuels, how Solaredge is maintaining its own competitive advantage as well as some exclusive inside info on the company’s forthcoming residential battery energy storage systems.
BASF is using NGK Insulators’ sodium sulfur batteries as its entry point into the energy market, with the German chemical company signing up as a sales partner to the Japanese manufacturer.
As it prepares to break ground on a ‘Gigafactory’, energy storage system provider Tesvolt has said that gaining certification across diverse regions remains the biggest challenge in forming strategy today.
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.
Over the next five years, a US$50 million pot will be invested to promote a sustainable supply chain for lithium, graphite and the other minerals and metals
With Brexit day less than a month away and still no certainty around what the final deal will look like, the time is now for the energy storage sector to prepare for every eventuality so it can play to its increasing strengths, writes Stephen Irish, co-founder of Hyperdrive Innovation.
Tesla will acquire Maxwell Technologies, it was announced this week, although it is not clear yet which of Maxwell’s product lines, including ultracapacitors, are of most interest to the Silicon Valley automaker and new energy company.
