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Energy storage

Varta receives funding to transfer lithium-ion battery tech to large-scale formats

Tue, 07/14/2020 - 13:06 -- Paul Crompton

Consumer cell maker Varta has received up to €300 million ($341 million) funding to help transfer its technology to larger format batteries for use in energy storage and mobility applications.

Funding from IPCEI (Important Project of Common European Interest) will help the German battery firm develop its latest generation of lithium-ion cells. 

Image: Peter Altmaier (left) hands over the IPCEI funding to Herbert Schein, CEO of Varta. Photo: Varta

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Australia to double installed energy storage capacity as ESS costs set to fall

Thu, 06/18/2020 - 11:55 -- Paul Crompton

Energy storage analyst Wood Mackenzie forecasts that despite COVID-19 Australia is set to more than double its year-on-year installed energy storage capacity in 2020. 

The industry forecasters predict the country will add 1.2GWh of energy storage capacity this year, taking its cumulative storage capacity at 2.7GWh. Last year, Australia installed 499MWh of energy storage capacity. 

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Hyundai signs MoU to use second-life EV lithium-ion batteries in ESSs

Fri, 06/05/2020 - 12:35 -- Paul Crompton

South Korea's vehicle OEM Hyundai Motor Group has signed a memorandum of understanding (MoU) with PV manufacturer Hanwha Q Cells to recycle old EV batteries into second-life energy storage applications.

The partnership will develop energy storage systems (ESS) using old EV batteries for the European and North American markets.

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Redflow receives second order as its zinc bromine flow batteries prove worth in off-grid telecom project

Fri, 05/01/2020 - 09:51 -- Paul Crompton

Australian energy storage company Redflow Limited has received an additional order for its ZBM2 zinc-bromine flow batteries following the successful deployment of its technology by New Zealand’s Rural Connectivity Group (RCG).

The second order of 10 systems follows the successful installation and commissioning of the company’s ZBM2 batteries at two RCG towers in remote locations in New Zealand last December.

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ESA elects six new members to help expand the US energy storage market

Fri, 04/24/2020 - 13:39 -- Paul Crompton

Six new members have been welcomed to the U.S. Energy Storage Association (ESA) after the national trade association for the American energy storage industry held an electronic voting round.

The new board members for 2020-21 were chosen via an electronic ballot when the scheduled annual meeting was postponed until 26-28 August due to the coronavirus.

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US tests show VRFB potential can replace lithium-ion in microgrid applications

Fri, 04/24/2020 - 11:38 -- Paul Crompton

US energy storage firm Ameresco has completed the initial phase of a three-stage investigation into how flow batteries can support, and possibly replace, diesel generators in microgrid applications.

Phase one of the project—conducted in partnership with consultancy firm 2ndPath Energy—evaluated vanadium-redox flow (VRF) battery technology with the aim of offering feedback to the U.S. Department of Defense (DoD) and the wider industry.

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Vistra expands ESS by 80% as it moves to replace fossil fuel facility

Wed, 04/22/2020 - 14:22 -- Paul Crompton

Power generation firm Vistra Energy is increasing the size of its battery energy storage project located at the site of its 40-year-old Oakland Power Plant by more than 80%.

The Texas, US, firm announced on 15 April the system would now have a capacity of 36.25MW/145MWh instead of the previously announced 20MW/80MWh. 

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CEO of cryogenic storage firm takes seat on the US energy storage system trade association’s board

Thu, 04/16/2020 - 11:42 -- Paul Crompton

The CEO of liquid air energy storage system developer Highview Power has been elected to the Board of Directors of the U.S. Energy Storage Association (ESA), the national trade association for the U.S. energy storage industry.

Dr. Javier Cavada will join other leaders from across the storage value chain to promote the widespread use of energy storage in the US. 

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VRFB firms RedT and Avalon merge to topple lithium-ion’s place as first choice for ESS projects

Thu, 04/09/2020 - 10:07 -- Paul Crompton

Vanadium redox flow battery firms RedT Energy and Avalon Battery Corporation have finalised a merger with the goal of becoming a key competitor to lithium-ion technology in the growing energy storage markets.

The new firm is called Invinity Energy Systems (Invinity), and combines the existing strengths of both the UK-based RedT and the US-based Avelon.

The merger was agreed on 1 April following a shareholder meeting.

Larry Zulch, CEO of Invinity (former CEO of Avalon), said: “The merged company will be a world leader in flow batteries. This gives us the platform to compete head-to-head against incumbent lithium-ion giants, and in so doing prove that our robust, safe, non-degrading energy storage solutions are the best option for delivering the world’s ambitious decarbonisation targets.

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Cabot secures its place at top of lithium-ion materials supply chain with buy out of Chinese CNT firm

Tue, 04/07/2020 - 16:11 -- Paul Crompton

Battery additives firm Cabot has added carbon nanotubes (CNTs) to its lithium-ion energy storage materials portfolio following the $115 million acquisition of Shenzhen Sanshun Nano New Materials (SUSN) on April 1.

The US firm has finalised all registration procedures related to the acquisition, which was first announced on 6 January when Cabot entered into an agreement to buy the China CNT producer SUSN.

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