The flow battery survivor marks the latest in a series of recent investments in unconventional long-duration storage technologies. Iron flow battery startup ESS raised an additional $30 million to take its technology from pilots to commercial scale. Since 2011, the company has been developing a low-cost, nonflammable long-duration storage technology to compete across domains where […]
Energy Storage
Australia’s AGL agrees 15-year battery power supply deal with Maoneng
Australia’s AGL Energy Ltd (AGL.AX) has agreed a 15-year deal to buy battery power from Maoneng Group to ensure supply and pricing security during peak periods, the companies said on Wednesday. Maoneng will develop four large-scale batteries with a total capacity of 200MW/400MWh to be operational from 2023 to fulfill the deal. AGL will be […]
Tesla Accelerates Building of Battery Factory in Shanghai
In recent weeks, Tesla has accelerated the pace for the second-stage building of its Gigafactory 3 in Shanghai, which is meant for the production of the Model 3, according to electrek. In the past one month, Tesla has been carrying out the construction works around the main building of the factory; the construction work is […]
Companies set up plants to tap $1-billion business in recycling Li-ion batteries
JMK Research, a Delhi-based power consultancy and advisory firm, estimates the recycling market in India to pick up from 2022 when lithium-ion batteries, presently in use, would reach their end of life Companies across sectors — in electric vehicles (EVs), solar power, and chemical space — could be looking at a $1-billion opportunity in the […]
Will the Real Lithium Demand Please Stand Up? Challenging the 1Mt-by-2025 Orthodoxy
Lithium prices have halved since 4Q 2017, driven by perceptions of oversupply in the market and, as a result, major producers are pulling back and re-assessing expansion plans. This boom-bust cycle is not healthy – it breeds more risk and uncertainty for investors. It reemphasizes why it is so important for the lithium industry to […]
Acciona Supersizes Solar and Storage Efforts With Big US Acquisition
“Zero to 60” investment: Spanish developer buys a 4-gigawatt solar and storage project pipeline. Spanish renewables developer Acciona has acquired 3 gigawatts of solar and 1 gigawatt of storage projects currently under development in the U.S. by Nebraska-based Tenaska. The deal announced Monday will see Acciona aiming to complete eight solar projects totaling around 1,200 […]
Highview Power to Develop Multiple Cryogenic Energy Storage Facilities in the UK and to Build Europe’s Largest Storage System
Plant sizes are 50 MW, 250 MWh CRYOBattery™ each, first one to be built in North of England, at the site of a decommissioned thermal power station Clean energy storage facilities to provide grid stability services to the National Grid Highview Power, a global leader in long-duration energy storage solutions, today announced plans to construct […]
Sembcorp Energy UK Powers Up 60 MW of Ultra-fast Battery Storage
Solihull, UK : Sembcorp Energy UK is pleased to announce that the first 60 megawatts (MW) of its battery energy storage system (BESS) fleet are now in operation. Located in Asfordby in Leicestershire, and Ellesmere Port and Runcorn in Cheshire, the three battery storage sites recently came online following licensing approval and successful testing. These […]
Green Science Alliance Co., Ltd. Made Semi All Solid-State Lithium Ion Battery with Li7La3Zr2O12 (LLZO) and Ionic Liquid Based Electrolyte
KAWANISHI-CITY, Japan: Climate change is caused by human activity and population explosion, and is becoming a serious issue because of the increase in greenhouse gasses such as methane and carbon dioxide (CO2). Replacing petroleum consuming cars with hybrid, electric, and fuel cell cars is one of the ways to reduce CO2 emissions from automobiles. Also, building a smart-grid […]
Russia’s Rosatom may buy controlling stake in Chile lithium project
MOSCOW/SANTIAGO: Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd (WML.V), the Canada-listed company said on Tuesday. Under a deal struck with Wealth, the Russian nuclear firm has the option to purchase up to a […]