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Energy storage

Narada books 30% sales rise on back of batteries, recycling

Mon, 04/16/2018 - 10:35 -- John Shepherd
Narada books 30% sales rise on back of batteries, recycling

Chinese battery maker Narada Power has posted a 30% sales rise for 2017— which boosted net by profit by 16% over the previous year.

Narada said total revenue for the year was CNY8.63 billion ($1.37bn) and net profit increased to CNY381 million.

 

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Armenia ‘talking to Tesla’ to launch national battery storage plan

Mon, 04/09/2018 - 12:50 -- John Shepherd
Armenia ‘talking to Tesla’ to launch national battery storage plan

Armenia is reportedly in talks with Tesla over plans to kickstart a national energy storage plan.

Ministers in the eastern European nation want to build the country’s first 14MWh battery by 2020, according to the Armenian news agency, Armenpress.

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Vanadium redox flow batteries bid for Australia storage trial

Mon, 04/09/2018 - 12:47 -- John Shepherd
Vanadium redox flow batteries bid for Australia storage trial

Renewables storage firm Vsun Energy is bidding to use vanadium redox flow (VRFB) batteries in a trial standalone power systems (SPS) project in Western Australia (WA).

WA’s energy minister Ben Wyatt has given the green light for electricity distributor Western Power to conduct the SPS demonstration within part of the state’s South West Interconnected Network— with 60 locations earmarked to take part.

 

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Nissan plant ‘offers energy storage from battery recycling’

Tue, 04/03/2018 - 12:19 -- John Shepherd
Nissan plant ‘offers energy storage from battery recycling’

Nissan has opened an electric vehicle battery recycling facility in Japan which will also provide energy storage systems for the area.

The plant in Namie will be run by 4R Energy, a joint venture between Nissan and the Sumitomo Corporation.

 

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Li-Ion maker Alelion acquires BESS tech firm

Tue, 04/03/2018 - 11:42 -- John Shepherd
Li-Ion maker Alelion acquires BESS tech firm

Sweden-based lithium-ion battery firm Alelion Energy Systems has acquired the whole portfolio of Caterva— a German liquidation company specialising in advanced technology for energy storage systems.

Alelion said the deal price amounts to SEK14 million ($1.7m), which corresponds to about 10% of previously invested capital and includes “a patent portfolio related to the optimisation of energy storage”.

 

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Rolls-Royce joins UK ‘polymer energy storage’ research

Mon, 03/26/2018 - 20:19 -- John Shepherd
Rolls-Royce joins UK ‘polymer energy storage’ research

Rolls-Royce is teaming up with UK-based material research company Superdielectrics to develop advanced energy storage systems using polymers.

Rolls-Royce said the collaboration agreement would see the firm combine its material science and technical expertise with Superdielectrics’ “novel hydrophilic polymers— that have been shown to have potentially outstanding energy storage properties”.

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US co-ops ‘cashing in on energy storage’

Mon, 03/12/2018 - 13:25 -- John Shepherd
US co-ops ‘cashing in on energy storage’

The value of the US battery storage market could grow from $300 million a year to as much as $3 billion by 2020— adding up to rich pickings for electricity distribution cooperatives, according to a new report.

Capital costs for battery systems could fall below $300 per kilowatt hour this year as “significant expansion” boost economies of scale for the manufacture of cells and battery packs, said the report by national rural industries finance institution CoBank.

 

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UK power market success for grid battery project

Mon, 03/12/2018 - 13:21 -- John Shepherd
UK power market success for grid battery project

One of the first investor-owned grid-scale lithium-ion battery storage projects in the UK has been pre-qualified to supply backup power to the national grid following a capacity market auction, BBB can reveal.

Grid Battery Storage (GBSL), which formed a partnership last year with Germany’s Siemens to launch four grid-related battery projects, was among the winners of Britain’s capacity market auction.

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Jordan ‘backs new energy storage plan’

Mon, 03/05/2018 - 12:21 -- John Shepherd
Jordan ‘backs new energy storage plan’

Jordan’s government has reportedly agreed on proposals for a $40 million battery facility to push forward the country’s energy storage ambitions.

The government has signed a memorandum of understanding with 23 international firms and consortia to build a battery storage facility with a capacity of “at least” 30MW, according to The Jordan Times.

 

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Montenegro opts for Li-battery storage for telecoms

Mon, 02/26/2018 - 12:35 -- John Shepherd
Montenegro opts for Li-battery storage for telecoms

A telecoms operator in Montenegro has signed a 10-year lithium-ion battery storage supply contract for its cell towers situated across the country.

Crnogorski Telekom (CT), part of Deutsche Telekom, currently uses a combination of diesel generators and lead-acid batteries for backup power.

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