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Energy storage

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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Hubei to host China’s “largest flow battery”

Wed, 11/08/2017 - 09:50 -- Xuan Zhong
Hubei to host China’s “largest flow battery”

Beijing-based energy storage firm Pu Neng has been awarded a contract to provide what it said will be “China’s largest flow battery” as part of a pilot energy storage project.

A 3MW/12MWh vanadium flow battery will be installed in a 10MW/40MWh at the battery demonstration facility as the first phase of integration with a photovoltaic system to supply the grid in Zaoyang, Hubei Province.

 

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China set for energy storage sector boost

Mon, 10/16/2017 - 13:03 -- Xuan Zhong
China set for energy storage sector boost

China has announced plans to support a “transformation” of its energy storage industry over the next decade— focusing on the development of an array of technologies including a pilot high performance lead-carbon capacitor battery system.

The national government said it wants to move existing R&D and development activities in the energy storage sector onto full-scale commercialisation.

 

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redT energy storage for “critical” systems in Botswana

Thu, 10/05/2017 - 09:43 -- News Editor
redT energy storage for “critical” systems in Botswana

UK-based redT energy has sold 14 of its energy storage units to underpin “critical communications infrastructure” at sites across the African nation of Botswana. 

The 40kWh modules using vanadium redox flow technology, sold to an unnamed Botswana-based customer, will be installed at sites “in remote locations with no grid connection and will use 11kWp of solar panels per site as the sole form of generation”, redT said.

 

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