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Investors boost UK lithium mine plans

Thu, 08/24/2017 - 16:27 -- News Editor
Investors boost UK lithium mine plans

UK start-up Cornish Lithium has raised GBP1 million ($1.2m) from three international investors to kick-start moves towards drilling for lithium in Cornwall.

The company said its “initial focus” will be to collate a digital log of “all relevant data on lithium occurrences in Cornwall” before applying for drilling permits.

 

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Hybrid liquid air system to rival batteries

Thu, 08/10/2017 - 10:08 -- News Editor
Hybrid liquid air system to rival batteries

A hybrid Liquid Air Energy Storage (LAES) system is being developed to respond to grid frequency events within one second.

The system – designed and developed in the UK by Highview Power Storage – has been awarded funding of GBP1.5 million ($1.9m) from Innovate UK, the UK’s innovation agency.

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A new name in battery storage… IKEA

Wed, 08/09/2017 - 09:32 -- News Editor
A new name in battery storage… IKEA

Meatball and furniture retailer IKEA has started selling batteries for rooftop solar panels – a further sign that storage technologies are becoming mainstream.

IKEA has teamed up with London-based Solarcentury to launch the Solar Battery Storage solution online in the UK before rolling it out to stores. 

 

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‘Build 6 nuclear plants or make energy independent vehicles’

Tue, 08/08/2017 - 10:48 -- News Editor
‘Build 6 nuclear plants or make energy independent vehicles’

The UK government’s sudden interest in battery technology became a little clearer last week. If the country meets its commitment to phase out all petrol and diesel vehicles by 2040, it could need the equivalent of six nuclear power plants to charge all the electric vehicles.

The UK National Grid’s solution, outlined in its ‘Future Energy Scenarios’ report (published last month), is smart charging which, it says, could substantially decrease the pressure on the system at peak times, reducing additional demand from electric vehicles to 3.5GW by 2030 from a potential scenario of 8GW of extra demand.

 

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Britain surprises all with £246 million battery jumpstart

Mon, 07/31/2017 - 10:18 -- News Editor
Britain surprises all with £246 million battery jumpstart

The minute UK battery and energy storage market was taken by surprise last week with UK business secretary Greg Clark’s (pictured) statement to invigorate the UK energy storage scene.

The launch of the first phase of a £246 million ($322M) government investment into battery technology is said to ensure the UK ‘builds on its strengths and leads the world in the design, development and manufacture of electric batteries’.

 

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Eaton to bring Li-ion UPS into Asia

Fri, 07/14/2017 - 09:49 -- News Editor
Eaton to bring Li-ion UPS into Asia

Work is under way in Australia on an AUD11 ($8.3) million project to develop ultra-thin flexible screen-printed batteries for portable devices and intermittent renewable energy.

Brisbane-based battery energy storage firm Printed Energy said the innovation is a step closer to being made commercially available thanks to research carried out jointly by the University of New South Wales and University of Queensland.

 

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Private equity firm Foresight acquires UK battery storage facility

Tue, 06/27/2017 - 15:33 -- Xuan Zhong
Private equity firm Foresight acquires UK battery storage facility

Infrastructure and private equity firm the Foresight Group has acquired the utility scale Port of Tyne 35MW battery storage project in the UK from Renewable Energy Systems (RES) for an undisclosed sum.

Foresight said the acquisition of the lithium-ion project, which RES will continue to develop and then operate, “is the largest of the National Grid’s enhanced frequency response battery storage projects to attract investment from an infrastructure investment manager in the UK”.

 

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EU helps fund UK’s first battery flywheel system

Wed, 06/14/2017 - 11:27 -- Xuan Zhong
EU helps fund UK’s first battery flywheel system

Despite the UK’s Brexit decision, the European Union is helping to fund the UK’s first battery flywheel system.

The EU is contributing €2.9 ($3.2) million towards the €4 (£4.5) million project from its Horizon 2020 programme, which aims to take “great ideas from the lab to the market”.

 

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UK project ‘proves’ BYD model works

Thu, 06/08/2017 - 10:20 -- Xuan Zhong
UK project ‘proves’ BYD model works

A year on from signing a contract for a 60MWh project in the UK, China’s technology giant BYD has released the results from the solar-plus-storage system.

The results show the system operated smoothly, responding quickly to the grid’s demand and matching over 99% of aggregate demand with five to six cycles every day.

 

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