Storage

Energy Storage Could Support the Grid Every Hour of the Day, All Year Long

Wednesday, 19 January 2022 REM Energy storage's ability to store electricity when demand is low and discharge stored electricity when demand is high could offer significant value to the grid, but it does add complexity to grid operations. ...

Volkswagen and Bosch want to industrialise manufacturing processes for battery cells

Wednesday, 19 January 2022 Robin Whitlock

The Volkswagen Group and the Bosch Group have signed a memorandum of understanding to explore the establishment of a European battery equipment solution provider.

Unique models adopted by Li-ion battery recycling start-ups investigated by IDTechEx

Wednesday, 12 January 2022 IDTechEx have identified a variety of business models adopted by recyclers of lithium ion (Li-ion) batteries and have written a new report presenting a detailed analysis of the current Li-ion recycling ...

Hydrostor Secures $250M Investment from Goldman Sachs

Monday, 10 January 2022 REM Hydrostor Inc., a long-duration energy storage solution provider, has received a preferred equity financing commitment of $250 million from the Private Equity and Sustainable Investing businesses within ...

Companies Partner to Bring Energy Access to 20,000 People in Rural South Africa

Friday, 07 January 2022 REM EDFI ElectriFI, REPP, and 1PWR have reached financial close on Africa’s second largest project-financed mini-grid transaction. The equity-and-debt investment into the project vehicle, Sotho Minigrid ...

Battery Resourcers to open North America’s largest Li-Ion battery recycling facility

Friday, 07 January 2022 Robin Whitlock Vertically integrated lithium-ion battery recycling and engineered materials company Battery Resourcers have announced plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, ...

Guidehouse Insights anticipates an additional 41 percent reduction in average Li-ion cell prices through 2030

Thursday, 06 January 2022 Robin Whitlock

While Li-ion batteries remain the main choice for electric vehicles and stationary storage, other advanced battery technologies are gaining traction for grid storage finds Guidehouse Insights.

Rye Development commences development of Lewis Ridge closed loop pumped hydropower storage project

Wednesday, 05 January 2022 Robin Whitlock US hydropower developer Rye Development has started development of the Pumped Hydropower Storage project in Bell County, Kentucky, having filed for a Federal Energy Regulatory Commission (FERC) permit ...

Enlight and Sungrow Sign Agreement for430 MWh Energy Storage System in Israel

Monday, 03 January 2022 REM Sungrow and Enlight Renewable Energy, signed a joint agreement in which Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS). The contract is the largest ...

The Netherlands

Wärtsilä enters Dutch energy market to supply the country’s largest energy storage system

Tuesday, 21 December 2021 Robin Whitlock

Technology group Wärtsilä will supply a 25-megawatt (MW)/48-megawatt hour (MWh) energy storage system to GIGA Storage BV in the Netherlands to help stabilise the electric grid.