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ESS

Eos aims to drive development of its Zinc ESS technology with LOI

Wed, 07/01/2020 - 10:36 -- Paul Crompton

Privately held zinc battery developer Eos Energy Storage signed a letter of intent (LOI) on 24 June with the goal of opening a $225 million finance opportunity by becoming a publicly listed company.

The proposed transaction would provide Eos with $225 million of additional new equity financing, including $50 million of proceeds from a fully backstopped PIPE by B. Riley Financial, assuming no public shareholders of BRPM exercise their redemption rights at closing.

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Work on ‘world’s biggest Li-ion ESS’ begins in Southern California

Fri, 07/12/2019 - 10:07 -- John Shepherd
Work on ‘world’s biggest Li-ion ESS’ begins in Southern California

Work has begun on what it said to be the biggest lithium-ion energy storage system, with the ground-breaking of a 100MW/400MWh project for the Alamitos Energy Center in Southern California.

The system by AES Alamitos, a subsidiary of AES Corporation, will use Advancion 5 batteries and control systems from Fluence— the joint venture between Siemens and AES.

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Insurer releases ESS fire safety guidelines

Fri, 07/05/2019 - 11:53 -- John Shepherd
Insurer releases ESS fire safety guidelines

International commercial property insurer FM Global has released new fire protection guidelines to combat increased incidences of energy storage system fires.

The US-based insurer said the guidelines are needed because lithium-ion battery-based systems are under growing scrutiny after being involved in fires in South Korea and the US.

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ESS eyes African power market for all-iron flow batteries

Thu, 05/23/2019 - 10:31 -- John Shepherd
ESS eyes African power market for all-iron flow batteries

All-iron flow battery system manufacturer Energy Storage Systems (ESS) has outlined plans to expand into the African market, targeting microgrid and utility-scale projects.

Oregon-based ESS has become the first flow battery manufacturer to join the US-backed Power Africa programme, which works with governments, agencies and private companies to develop power-generating infrastructure in electricity-starved sub-Saharan Africa.

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Cause of ESS fires in South Korea ‘still unknown’

Fri, 05/03/2019 - 10:37 -- John Shepherd
Cause of ESS fires in South Korea ‘still unknown’

South Korea’s government said investigators need more time to discover the cause of a series of energy storage system (ESS) fires— and a temporary manufacturing ban continues for several manufacturers.

More than 20 ESS units across the country went up in flames over the past year, the Ministry of Trade, Industry and Energy (Motie) has confirmed.

The government asked public institutions, large multi-purpose facilities and domestic ESS users to stop using their devices as a temporary safety measure.

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Second life for Nissan batteries in Endesa power plant

Mon, 11/19/2018 - 00:00 -- Hugh Finzel
Melilla power plant

Spanish utility Endesa is to re-use batteries taken from Nissan Leaf electric vehicles in a “pioneering” storage system at its Melilla power plant.

Endesa said the system at the oil- and gas-powered plant, in the Spanish enclave city of Melilla in Morocco, will use more than 90 interconnected batteries from EVs to create a 4 megawatt storage unit with a with a maximum storage capacity of 1.7 megawatt-hours.

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Rolls-Royce invests in Berlin BESS start-up Qinous

Mon, 10/08/2018 - 00:00 -- Hugh Finzel
Qinous ESS

Rolls-Royce has become a “strategic investor” in Qinous, a Berlin-based renewables and energy storage start-up.

Marcus Wassenberg, CFO of Rolls-Royce Power Systems, said: “The aim is to set up a partnership with Qinous for the development of innovative energy storage solutions and together offer cleaner solutions designed to meet tomorrow’s needs.”

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Leclanché shows global ambition in lithium-ion market

Thu, 12/01/2016 - 14:43 -- Xuan Zhong

After securing its first ESS deal in the US, Swiss firm Leclanché has almost immediately forged an Asian alliance for the low-cost manufacture and development of its Lithium Titanate Oxide (LTO) and Lithium Graphite/NMC (GNMC) batteries.

The European ESS company has formed a strategic partnership with Chinese lead-acid and lithium-ion battery manufacturer Narada Power Source.

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German firm offers flywheel for wind farm storage

Fri, 10/28/2016 - 09:26 -- Xuan Zhong

German energy storage company STORNETIC recently presented its energy storage solution EnWheel® for wind farms at WindEnergy Hamburg fair.

EnWheel is entirely a mechanical energy storage system with no chemcials.

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Corvus Energy wins Environmental Award for its Lithium-ion ESS

Thu, 02/11/2016 - 09:50 -- Paul Crompton
Corvus Energy wins Environmental Award for its Lithium-ion ESS

Canadian firm Corvus Energy’s lithium-ion battery-based energy storage system has won the ‘Environmental Award for its significant contribution to a reduction in the environmental footprint of the off-shore vessel industry.

Halvard Hauso, executive v.p. sales and marketing at Corvus, picked up the award at the Annual Offshore Support Journal Conference, Awards & Exhibition in London.  

The firm was shortlisted by the Offshore Support Journal Conference Advisory Panel before readers of the publication voted for the winner.

“We are honored to receive the Environmental Award at the OSJ's Annual Offshore Support Journal Conference, Awards and Exhibition” said Andrew Morden, Corvus Energy's President & CEO.

“Corvus is the leader in providing safe and proven energy storage solutions to hybrid offshore vessels, enabling operators to dramatically reduce fuel consumption and harmful emissions.”

Read all about Corvus in the latest edition of BEST magazine online here 

PIC: Corvus' Halvard Hauso, executive v.p. sales and marketing,  picks up the award

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