Gresham House Energy Storage Fund PLC on Thursday said it has agreed to acquire a 30 megawatts battery project located near Wester Dechmont in West Lothian, Scotland. The London-based company invests in a portfolio of utility-scale operational energy storage systems. It said Byers Brae is a battery-only site that is currently expected to be commissioned […]
Invinity Energy brings World’s largest solar-powered vanadium flow battery to Australia
As part of a pioneering project, storage battery company Invinity Energy Systems will supply the world’s largest solar-powered vanadium flow battery (VFB) in Yadlamalka, South Australia by 2021. A larger and more durable alternative to well-known lithium-ion batteries, this VFB will charge itself from a solar PV array to provide on-demand power to the local […]
Tesla to build ‘world’s largest’ battery plant near Berlin
FRANKFURT : Tesla Boss Elon Musk said Tuesday that he plans tobuild the world’ slargestbattery-cell factory at the group’s electric car plant near Berlin. Tesla has already started construction on a huge “gigafactory” in a forested area in Gruenheide, south of the German capital, due to open The factory is Tesla’s first in Europe and […]
Aggreko Completes the First Battery Energy Storage Project for the Largest Electric Coop in the US
Aggreko, a multinational company that specializes in generation hire, stated in a press release on October 28 that it has finished the setup of the first energy storage project for Pedernales Electric Cooperative (PEC). The project, which consists of a 2.25MW (4.5MWh) battery storage system, is located in Johnson City, Texas. It is another example […]
Carmakers want to ditch battery packs, use auto bodies for energy storage
There’s a renaissance underway in structural battery research. Elon Musk made a lot of promises during Tesla’s Battery Day last September. Soon, he said, the company would have a car that runs on batteries with pure silicon anodes to boost their performance and reduced cobalt in the cathodes to lower their price. Its battery pack […]
UK’S LARGEST BATTERY READY TO BALANCE THE GRID
Gresham House Energy Storage Fund and flexible energy specialist Flexitricity have announced that the UK’s largest battery is now live. Edinburgh based Flexitricity is optimising the Gresham House c.50MW / 75MWh battery, located in Thurcroft, South Yorkshire, generating revenue for the site while helping National Grid ESO balance supply and demand. The asset went live […]
Tesla Moves Into U.K. Homes With New Solar Power Tariff
Customers need to install a Powerwall battery and solar panels Tesla Energy Plan hands 75% saving compared to other suppliers Tesla Inc. is offering an electricity tariff that combines solar panels and a battery, turning British households into virtual power plants. In order to qualify for the cheapest Tesla Energy Plan, customers will already need […]
Elkem signs MoU with FREYR for supply of battery materials
Elkem and FREYR have signed a Memorandum of Understanding (MoU) for the potential commercial supply of battery materials from Elkem to FREYR’s lithium-ion battery cell facility under development in Mo i Rana, Norway. Under the MoU, Elkem and FREYR will work together to establish long-term active anode material supply agreements, including battery graphite and high-content […]
U.S. Takes Stake in Battery-Metals Firm to Wean Itself Off China
The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles. TechMet Ltd. received a $25 million investment from the U.S. International Development Finance Corporation to help develop a Brazilian nickel and cobalt mine, the Dublin-based company said […]
IHS Markit: Lithium-ion battery cell average cost to fall below $100 per kWh by 2023
The average cost of a lithium-ion (Li-ion) battery cell will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of a li-ion cell is expected to decline further through the end of the decade, to as low as $73/kWh in 2030. […]