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Redox Battery Dominates the Global Flow Battery Market | Technavio

Global flow battery market segmentation by battery type and geography Technavio’s report on the global flow battery market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by battery type, including redox battery and hybrid battery. As projected in 2016, approximately 72% of the market share originated from the redox […]

LightSail Energy Enters ‘Hibernation’ as Quest for Game-Changing Energy Storage Runs Out of Cash

The California startup, funded by Gates and Thiel, never got beyond the tank. The air has gone out of LightSail Energy. The Berkeley-based startup hoped to revitalize compressed-air energystoragewith a more nimble and efficient technology. Its quest “to produce the world’s cleanest and most economical energy storage systems” drew funding from VC royalty including Khosla […]

Production Capacity of EV Batteries to Reach 268GW in 2020 Due to Rising Demand, Says Report

A report recently released by the energy industry consultancy group Wood Mackenzie forecasts that the global production capacity for batteries used in electric vehicles (EV) may reach 268GW in 2020. As countries worldwide encourage the gradual phase-out of traditional fuel vehicles that run gasoline and diesel, players in the auto industry and related supply chains […]

Siemens Gamesa Starts Building Hot Rock Plant for Long-Duration Grid Storage

The Future Energy Solution project in Hamburg will use surplus power to heat rocks to 600 degrees Celsius. Siemens Gamesa, the wind turbine manufacturer, began building a 30-megawatt-hour precursor to a gigawatt-scale thermal energystoragesystem this month. The Future Energy System, first announced last year, is expected to come on-line in early 2019. It will use […]

Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business

Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announce today an agreement to begin studying the feasibility of a joint automotive prismatic battery business. This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources and energy security. Furthermore, this […]