The Australian Energy Market Commission (AEMC) is looking to change the way the power system works now in order to “avoid costly crisis solutions” in a future with more residential solar systems feeding power to the grid. In a draft determination, the commission mentions the introduction of charges for exporting power from home solar systems […]
The Battery That Will Finally Unlock Massless Energy Storage
In groundbreaking new research, scientists have made a structural battery 10 times better than in any previous experiment. What’s a structural battery, and why is it such a big deal? The term refers to an energy storage device that can also bear weight as part of a structure—like if the studs in your home were […]
Nigerian solar systems provider commits to recycling batteries
Nigerian solar systems provider, Lumos, has announced its environmental commitment to recycling the company’s batteries in partnership with Hinckley Recycling (Hinckley). In a statement, the company pointed out this is in line with its solar energy business model, a “significant commitment to recycle and repurpose batteries – which is vital for a sustainable battery supply […]
New copolymer binder to extend the life of lithiumion batteries
Anyone who has owned a smartphone for over a year is most likely aware that its built-in lithium (Li)-ion battery does not hold as much charge as when the device was new. The degradation of Li-ion batteries is a serious issue that greatly limits the useful life of portable electronic devices, indirectly causing huge amounts […]
Used Electric Car Batteries Are Heading to Factories and Farms
Retired electric vehicle batteries that are repackaged into energy-storage systems are being targeted at industrial consumers that have been slower to adopt the technology than utilities or homeowners. Relectrify, an Australian technology developer, is beginning sales of units that repurpose expired Nissan Motor Co. Leaf batteries to create products capable of storing renewable power at […]
Mukesh Ambani says he will make batteries ahead of a boom in electric vehicles
As of now, Ambani’s plan sounds a lot like Elon Musk’s Tesla minus the electric vehicles. India’s richest man is making a strategic shift towards renewable energy. This is significant because over 60% of RIL’s consolidated revenue comes from fossil fuels and their by-products. Global investment bank Morgan Stanley expects RIL to pump in $13 […]
Colocating energy storage alongside renewables adds to lender appeal
Colocating battery energy storage systems alongside renewables projects will be ‘critical’ to energy networks in the future, and could help level up debt financing. That was the take home point from a panel discussion on solar-plus-storage projects during the virtual Solar Finance & Investment Europe conference hosted by Energy-Storage.news publisher Solar Media earlier this month. Mark Henderson, […]
Amara Raja Batteries Q3 PAT spurts 18% to Rs 194 cr
Amara Raja Batteries (ARBL)’s consolidated net profit jumped 17.98% to Rs 193.69 crore on 12.18% rise in revenue from operations at Rs 1,960.43 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) surged 19.93% to Rs 260.40 crore in Q3 December 2020 over Q3 December 2019. Total tax expense for […]
Amara Raja Batteries Q3 PAT spurts 18% to Rs 194 cr
Amara Raja Batteries (ARBL)’s consolidated net profit jumped 17.98% to Rs 193.69 crore on 12.18% rise in revenue from operations at Rs 1,960.43 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) surged 19.93% to Rs 260.40 crore in Q3 December 2020 over Q3 December 2019. Total tax expense for […]
How US Grid Operators Plan To Tackle Energy Storage at Gigawatt Scale
Batteries and hybrid renewables-plus-storage projects will be a massive grid resource. Transmission grids and energy markets will need to adapt Grid-scale batteries and hybrid renewable-storage projects are growing in scale, and transmission grid operators are struggling to manage them. How can U.S. transmission grids and wholesale energy markets adapt to the gigawatts of energy storage […]