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Energy storage

New GS Yuasa Europe chief eyes lead storage

Fri, 12/15/2017 - 09:16 -- John Shepherd
New GS Yuasa Europe chief eyes lead storage

The new head of European operations for Japan-based GS Yuasa has told BBB the battery maker is looking at opportunities to expand the role of lead-acid in the energy storage business.

Andrew Taylor (pictured), who has been promoted to MD and CEO of GS Yuasa Battery Europe, said: “We are looking at some of the applications for energy storage, especially for new lead-acid technology that we believe can play a part. We’re already seeing some of the benefits of this with new products coming out of Japan.”

 

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PG&E seeks 165MW California Li-ion storage go-ahead

Wed, 12/13/2017 - 09:48 -- Xuan Zhong
PG&E seeks 165MW California Li-ion storage go-ahead

US electric utility Pacific Gas and Electric Company (PG&E) is asking regulators in California to approve proposed deals for six new lithium-ion battery storage projects.

Contracts for the projects, which would see an additional 165MW of energy storage capacity built in the state, were drawn up following a request for offers for new storage issued by PG&E a year ago.

 

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Tesla forms battery R&D firm in China

Wed, 12/13/2017 - 09:46 -- Xuan Zhong
Tesla forms battery R&D firm in China

Tesla has formed a new company in China for the research and development of batteries and energy storage devices, according to authorities in Beijing.

The new company has been named Tesla (Beijing) New Energy R&D Co Ltd, with a registered capital of $2 million, according to a document filed with the Chaoyang branch of the Beijing Administration for Industry and Commerce. The document is listed in China’s National Enterprise Credit Information Publicity System index.

 

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Bank mulls first battery storage investments plan

Mon, 12/11/2017 - 11:11 -- Xuan Zhong
Bank mulls first battery storage investments plan

The European Bank for Reconstruction and Development is reviewing how it invests in the energy sector— which could see it financing battery storage projects for the first time, BBB can reveal.

The bank is working on a blueprint to update its existing ‘Energy Sector Strategy’ (ESS)— approved four years ago and which did not even mention battery storage.

 

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Elon, Now do it for Swindon UK!

Thu, 12/07/2017 - 10:13 -- News Editor
Elon, Now do it for Swindon UK!

Having pulled off 100MW of storage in 100 days. Best Battery Briefing has found the next target for Tesla…

Public Power Solutions (PPS), the wholly-owned company of Swindon Borough Council, the governing body of a small town between London and Bristol, has submitted a planning application to build one of the UK’s largest battery-based electricity storage facilities.

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India ‘poised for $3bn energy storage investment’

Wed, 11/29/2017 - 12:56 -- Xuan Zhong
India ‘poised for $3bn energy storage investment’

India’s expanding energy storage market is poised to attract more than $3 billion in new investments over the next three years, according to a new study by the India Energy Storage Alliance (IESA).

The IESA said the bulk of the investment is expected to go into setting up two to four Gigafactories for the manufacture of advanced lithium-ion batteries.

 

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Global energy storage ‘set to soar’

Wed, 11/29/2017 - 12:55 -- Xuan Zhong
Global energy storage ‘set to soar’

The global energy storage market is projected to soar to more than 300GWh by the end of 2030 from “a meagre starting point” of less than 5GWh last year, according to a new report.

Analysis by Bloomberg New Energy Finance (BNEF) estimated $103 billion will be invested in energy storage over that period.

 

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IEA to review ‘lithium only’ battery storage analysis

Mon, 11/27/2017 - 12:18 -- Xuan Zhong
IEA to review ‘lithium only’ battery storage analysis

An international study into the potential of batteries to power energy storage systems and electric vehicles of the future is to be reviewed, after it was admitted that research focused purely on lithium-ion.

According to the International Energy Agency’s (IEA) World Energy Outlook 2017 report, “in recent years, the momentum behind battery storage— and lithium-ion batteries in particular— has increased significantly”.

 

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CATL plans $1.98bn IPO for domestic battery sites

Mon, 11/20/2017 - 10:32 -- Xuan Zhong
CATL plans $1.98bn IPO for domestic battery sites

Chinese lithium battery giant Contemporary Amperex Technology Co Ltd (CATL) is planning a CNY13.12 billion ($1.98bn) initial public offering to expand its automotive battery business.

CATL said in a Shenzhen Stock Exchange announcement the move will ensure the firm keeps pace with the rapidly-expanding electric vehicle and energy storage markets.

 

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Another 100MW lithium battery for South Australia

Fri, 11/10/2017 - 09:59 -- Xuan Zhong
Another 100MW lithium battery for South Australia

Australian energy company ZEN Energy has approved a 1GW renewable energy plan to meet industrial needs of South Australia, including a 100MWh lithium-ion battery facility at Port Augusta.

The company confirmed the battery will be built near the now closed Northern Power Station, and will be plugged into the 275kV Davenport grid connection. The battery itself is said to cost around AUD100 million ($77m) and would be operational in the first quarter of 2019.

 

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