Second life battery certification helps advance sustainability and energy reliability TOKYO: UL, a leading global safety science company, announced today that 4R Energy Corporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energy storage systems, is the first organization worldwide to be certified to UL […]
Energy Storage
NEC to Install More than 20MW of Municipal Energy Storage Projects in New England
Programs save ratepayer’s money, reduce greenhouse gas emissions and provide energy resiliency WESTBOROUGH, Mass.: NEC Energy Solutions (NEC ES), today announced six additional energy storage projects of more than 20 MW at municipal power plants throughout New England including Madison, Maine, and Ashburnham, Templeton, Wakefield, Middleton and Taunton, Massachusetts. The new projects follow the model […]
Battery start-up with $4.5 billion plan has vision for Nordic hub
Freyr is following in the footsteps of NorthVolt AB, which raised $1 billion earlier this year from investors including Volkswagen AG and Goldman Sachs Group Inc. to build a gigafactory for lithium-ion battery cells in northern Sweden. Freyr, a start-up planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision […]
Tesla shows interest in India’s plans to build battery plants
The robust global interest comes amid the govt’s push to make India a hub for making EVs and their components India will need six gigawatt-scale facilities (of 10GWh each) by 2025 and 12 by 2030, according to a NITI estimate New Delhi: Tesla and China’s Contemporary Amperex Technology Co. Ltd (CATL) are among the companies […]
Battery Startup With $4.5 Billion Plan Has Vision for Nordic Hub
Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.” The Norwegian company is still gathering approvals, technology licenses and funding for its initial, 40 billion-krone ($4.5 billion) project in northern Norway. But it already sees the scope for […]
Why storage is the next big thing for the power sector
Battery storage could be the next frontier for the power sector in India where hardships from power outages are not a distant memory. From the outside, Tata Power Delhi Distribution’s office in Rohini looks like a part of any other electrical substation in the country. High-voltage cables and wires criss-cross each other above the premises. […]
SimpliPhi Power Slashes Prices on Company’s Most Popular PHI 3.8 kWh 48V Batteries to Support Energy Safety and Security Amid Growing Climate Threats
“Energize California” initiative expands globally and will include PHI 3.8 discount in addition to previously announced special all-in-one energy storage solution pricing. OXNARD, Calif.: SimpliPhi Power, a California manufacturer of non-toxic, safe residential, commercial and mobile energy storage and emergency power systems, announced today that it is slashing the price of its most popular PHI […]
Softbank Fund Makes Energy-Storage Bet With an Unusual Battery
SoftBank Group Corp.’s massive Vision Fund is making its first-ever energy storage bet — and it’s on a rather unconventional type of battery. The fund, created by Japanese tech giant SoftBank Group Corp., is investing $110 million in Energy Vault, a Swiss startup that’s using cranes and concrete to store energy. An electric crane hoists […]
Panasonic may set up li-ion battery module assembly unit in India
Panasonic will initially assemble batteries for 2- and 3-wheelers as the govt is pushing for their electrification Almost all electric vehicles (EVs) in India run on imported batteries, mostly from China NEW DELHI: Japan’s Panasonic Corp. is exploring opportunities to set up a facility for assembling lithium-ion (li-ion) battery modules in India, said a top […]
India Pushes Development of Indigenous Lithium Battery
To intensify the promotion of green energy, the Indian government will subsidize the local productions of lithium batteries at an annual scale of 50 GW, which will cost around 7 billion rupees. The plan aims to supply the needs of electric cars, mobile phones, and other consumer electronics products in the country. An open international […]