The world’s biggest lithium-ion battery is about to get even bigger, with Tesla Inc. set to beef up capacity at the Hornsdale site in South Australia. The system will be expanded by 50% to 150 megawatts, according to an announcement from Neoen SA, the French company that operates the site. The storage site has already […]
Energy Storage
Neoen to expand world’s largest lithium ion battery in Australia
The A$71 million ($48 million) project will enlarge the 100 megawatt battery, which is owned and operated by Neoen, and was built two years ago in conjunction with Tesla Inc. New Delhi : French power producer Neoen SA said on Tuesday it will expand its Hornsdale Power Reserve in South Australia, the world’s largest lithium […]
Building a Lithium-Ion Battery That Won’t Explode
Last year, when Jesse Gerstin was leading the Clinton Foundation’s climate initiatives, one of his tasks was to bring reliable power to hospitals and other critical infrastructure in Puerto Rico. Hurricane Maria had devastated the island a year earlier, highlighting just how vulnerable its electrical grid was. It remains unreliable today. Solar power made the […]
Argentina’s lithium producers hopeful as Fernandez set to take power
Fernandez, a member of the Peronist party that has supported more economic intervention by government, defeated business-friendly incumbent Mauricio Macri in last month’s election LOS ANGELES: Argentina’s lithium producers are cautiously optimistic that President-elect Alberto Fernandez’s incoming administration will not restrict capital flows or set other policies that could hamper their ability to supply the […]
Ørsted to build landmark solar and storage project
COPENHAGEN : Ørsted announced today that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar plus battery storage project, the 460-Megawatt (MWac) Permian Energy Center. The facility is located in Andrews County, Texas, and will come online in mid-2021. Upon completion of the Permian Energy […]
Lithium producers hit by first big downturn of electric vehicle era
Albemarle Corp, Tianqi Lithium Corp and others have been producing more lithium than automakers need. Global supply exceeds demand by about 5 percent, according to Canaccord data. LOS ANGELES: The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for […]
Indian Oil to place its bet on metal-air battery technology over lithium-ion
He said lithium-ion battery technology is ridden with challenges for large scale adoption in the Indian market owing to scarce lithium resources, recycling of lithium and the environmental hazards associated with the element’s chemistry. New Delhi: Indian Oil Corporation (IOC), the country’s largest fuel-retailer, plans to focus on developing metal-air batteries using indigenous metals which […]
India’s renewables revolution needs what other countries are fast adopting: water battery
Pumped hydro energy storage can pave the way for India’s climate leadership by enabling another green revolution, this time in the power sector. Progress in energy storage will soon mean energy security for India, as the country races ahead with large renewable power commitments. Already fifth in the world in renewables, India now says it […]
Second life lithium battery storage in Kenya to come in at ‘half the cost’ of lead acid
Lithium-ion waste from a solar lantern scheme run by oil & gas major Total in Kenya will be recycled into new batteries for solar home systems by start-up Aceleron. Total Access to Energy Solutions (TATES) sells solar lamps and kits in emerging markets and aims to sell 6 million distributed “solar energy decentralised solutions for […]
Navigant Research Expects Annual Added Capacity from Distributed Energy Storage Systems Worldwide to Grow Nearly Twentyfold by 2028
Primary growth drivers include cost declines, government incentives, and increased solar PV integration BOULDER, Colo. : A new report from Navigant Research provides market forecasts for newly installed distributed energy storage systems (DESSs) in terms of power capacity, energy capacity, and revenue across 26 countries. The distributed energy storage industry has seen significant growth over […]