South Korea’s LG Chem announced on January 9 that it will invest KRW 1.2 trillion (USD 1.07 billion) to expand its two battery production plants located in the Chinese city of Nanjing. The initiation of this capacity expansion program is in response to the rising demand in China for powertrain batteries used in electric vehicles […]
Energy Storage
RELiON Battery Unveils New Lithium Battery Product Complete With Game Changing Technology
CHARLOTTE, N.C.: “Challenge Your Limits” is more than just a catchy tagline for RELiON Battery, a global leader in lithium battery technology. It appears to be an absolute mission. Just months after launching its all-new LT Series – a series of batteries that are optimal for cold-weather performance – RELiON announced today the next generation of […]
Puget Sound Energy Introduces Sunverge Platform as part of Battery Storage Demonstration Project
Battery storage an integral part of Puget Sound Energy’s Smart Grid efforts intended to make the grid smarter, greener and more reliable SAN FRANCISCO: Sunverge today announced that Puget Sound Energy (PSE) has selected the Sunverge platform to test the integration of battery storage technology as part of its Smart Grid demonstration efforts. The Smart […]
Back from the Brink, ViZn Turns to China for Flow Battery Commercialization
The Montana-based startup will license its unconventional storage technology to a Chinese industrial consortium under a new deal. Flow battery maker ViZn Energy bounced back from a near-bankruptcy experience last year to land a deal with a Chinese industrial consortium. Many companies have failed in the quest to commercialize technological alternatives to lithium-ion batteries, which […]
As cost of renewable energy drops, focus shifts to developing ancillary storage industry
With the cost of renewable energy coming down and the market potential expanding, an ancillary industry for storage is the need of the hour, said P.C. Maithani, Advisor, Ministry of New & Renewable Energy. Speaking at the 6th International Conference and Exhibition on Energy Storage, EV & Microgrids here on Thursday, Maithani said the challenge […]
ENERGY STORAGE EUROPE: Fraunhofer IKTS presents ceramic battery with world record characteristics
Storage costs 50 percent lower than for Li-ion cells – trade fair and conferences connect Industry and research from 12 to 14 March 2019 At ENERGY STORAGE EUROPE 2019, the Fraunhofer Institute for Ceramic Technologies and Systems IKTS will present its newly developed ceramic high-temperature battery “cerenergy” for stationary battery storage. With costs of less […]
Highview Power Partners with Citec to Modularize its Gigawatt-Hour Scale Cryogenic Energy Storage Systems
Key step in global commercialization of liquid air energy storage Modularization of systems to bring added efficiency and dramatic cost benefits to project developers and investors LONDON & NEW YORK: Highview Power, the global leader in long-duration energy storage solutions, announced today that it has partnered with Finland-based Citec, a global engineering firm specializing in […]
Navigant Research Names Fluence, Nidec ASI, Tesla, and RES the Leading Energy Storage Systems Integrators
Market players are moving away from providing project development services to offer integrated hardware and software solutions for a range of customers BOULDER, Colo.: A new Leaderboard Report from Navigant Research examines the strategy and execution of 12 energy storage systems integrators (ESSIs), with Fluence, Nidec ASI, Tesla, and RES ranked as the leading market […]
Luminant Brings Large-Scale Energy Storage to Texas
Upton 2 battery energy storage system project now operational IRVING, Texas: Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced that its Upton 2 battery energy storage system project has finished construction and began operating on Dec. 31, 2018. The battery system, which is the largest energy storage project in Texas and seventh largest in […]
Leclanché Completes Installation of 100MWh of Projects around the World Including Landmark Replicable Projects Accelerating the Integration of Renewables into the Grid
Leclanché is well positioned to capitalise on the fast growing Utility-Scale Energy Storage market. According to Navigant Research1, there was more than 1GW of annual deployment in 2017, growing to 30GW annual capacity by 2026. Completion of micro-grid project powered by Leclanché on the Portuguese island of Graciosa, making it the only island in the world […]