MADRID: CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced today its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network. […]
Energy Storage
Enel Green Power, Enertrag, Leclanché inaugurate 22 MW Cremzow battery energy storage system in Germany
The construction of the battery energy storage system (BESS) involved an investment of approx. 17 million euros and it is contributing to German network’s stability providing frequency regulation services to the country’s Primary Control Reserve market. Enel’s subsidiary Enel Green Power Germany (EGP Germany), the German renewable energy company ENERTRAG and the Switzerland-based energy storage […]
CellCube Announces the First International Sale for Enercube
TORONTO: CELLCUBE ENERGY STORAGE SYSTEMS INC. (“CellCube” or the “Company”) (CSE: CUBE) (CSE: CUBE.CN) (OTCQB: CECBF) (Frankfurt: 01X) (WKN: A2JMGP) is very pleased announce the wholly-owned subsidiary, EnerCube Switchgear Systems Inc. (“Enercube”) has received a significant purchase order on May 3, 2019 for $700,000 CND from a metal recycling facility in Minneapolis, Minnesota. “Enercube has received its first international order to design, […]
Honeywell delivers 18MWh ‘biggest project yet’ in Ontario
Fortune 100 technology company Honeywell will supply a multiple megawatt-hour battery energy storage system at a commercial site in Ontario, Canada. It’s the engineering company’s largest battery energy storage project to date with an output of up to 8.9MW and 18MWh of storage and will be delivered to developer and EPC (engineering, procurement and construction) […]
Panasonic India eyes Rs 700 cr revenue from energy business by 2021
The company has divided its energy space business into two segments — energy storage and mobility solutions Diversified technology firm Panasonic India is betting big on its energy-related business and expecting to clock around Rs 700 crore in revenue by 2021 from this vertical, said a top company official. The company has divided its energy […]
Tesla Can Overcome Supply Constraints In Its Fast-Growing Energy Storage Business
Summary Fast-growing demand for both commercial and residential battery products. 2019 should be the year that Tesla finally ramps up its battery energy storage business. Energy storage is an under-rated growth area for the company. The world moving inevitably toward renewable energy and battery energy storage. Opportunities now there for the company as supply constraints […]
Partnerships in Saudi and Australia plan future of long-duration flow battery deployment
With Saudi Arabia’s major renewable energy uptake plans in years to come and Australia’s battle with grid stability due to renewables penetration, two partnerships have been formed to use flow battery technology and its long duration energy storage capabilities to support the network. Grid issues in Australia hit global headlines in recent years, resulting in […]
Samsung SDI Introduces New ESS Products at ‘ees Europe 2019’
– The company showcased the latest ESS technologies at the world’s largest ESS exhibition – It also unveiled E3, an ESS model with energy density enhanced by 20% – The company meets the industry’s first ESS fire-resistance test standard from UL, demonstrating its safety design capability MUNICH & SEOUL, South Korea: Samsung SDI (KRX:006400) launched […]
Global energy storage market expected to reach 22.2 GW in 2023, finds GlobalData
The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, “Thematic Research: Energy Storage,” highlights the present scenario and emerging market trends […]
Let’s Make This Clarios: Canby Battery Plant Part of $13.2 Billion Acquisition of Johnson Controls Division
Johnson Controls Power Solutions, a global leader in energy storage manufacturing that includes a large battery production facility on NW 3rd Avenue in Canby, is now Clarios. Brookfield Business Partners, a publicly traded corporation headquartered in Toronto, purchased the battery division from Johnson Controls Inc. for $13.2 billion, and announced the acquisition and name change earlier […]