All News

Man charging an EV

Revenue streams

Australian vehicle-to-grid trial gets $3.2 million boost Amber Electric has received a $3.2 million (USD 2.3 million) grant from the Australian Renewable Energy Agency (ARENA) toward their $7.7 million electric vehicle (EV) smart charging and bi-directional vehicle-to-grid (V2G) software solution trial. One thousand customers across Australia will participate in the trial over the next two years with the V2G scope expected to begin in mid-2025.

Ev Foley, Carrie Hampel

Jun 20, 2024

Rolls Royce Energy Packs

Products & Services

Rolls Royce & CATL launch Tener grid-scale battery solution in the EU and UK The Rolls-Royce Power Systems (RRPS) division and battery-making giant CATL have signed a strategic cooperation agreement to launch CATL’s new Tener product line in the European Union (EU) and the UK.

Jun 20, 2024

MGA Thermal pilot rendering

Grid-scale

Thermal energy storage tech to bolster industry decarbonisation in Australia Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.

Jun 20, 2024

Chart showing the simulation for one autumn day

Software

BESS, deep learning simulations: decrease in wholesale price variability Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo's deep learning simulations suggest changes in energy prices as installed battery capacity increases.

Sergio Matalucci

Jun 20, 2024

Projects & Applications

Gensol secures additional 250 MW/500 MWh in GUVNL’s battery storage project In India, Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of the standalone battery energy storage project from Gujarat Urja Vikas Nigam Ltd (GUNVL) with an additional allotment of 250 MW (500 MWh) under a greenshoe option.

Jun 20, 2024

Stationary storage systems from The Mobility House

Second-life batteries

The Mobility House moves forward with second-life battery systems and launches vehicle-to-grid business The Mobility House (THM) has announced a number of advances over the last week. The Munich-based company just launched its vehicle-to-grid (V2G) business and had their stationary storage systems in Germany requalified with transmission system operators.

Jun 19, 2024

Tesla Powerwall 3

Products

Tesla launches Powerwall 3 in UK & Germany Almost ten years after the "Powerwall 1," US EV giant Tesla has launched its home battery system, Powerwall 3, in the United Kingdom and Germany. The Powerwall 3 is being officially presented at The smarter E Europe this week.

Lior Kahana, Sandra Enkhardt, Carrie Hampel

Jun 19, 2024

Chart with Q1 2024 comparison of energy storage deployments

Markets

U.S. grid-scale storage grows 84%, residential storage 48% Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage in the USA, while commercial and industrial storage slowed.

Jun 19, 2024

Disassembled batteries

Recycling

Princeton NuEnergy scores $30 million in funding for lithium battery recycling In the USA, Princeton NuEnergy (PNE), a New Jersey-based specialist in lithium-ion battery direct recycling, has announced the close of a Series A funding round with a strategic investment from Samsung Venture Investment Corporation. PNE is now commercializing its lithium-ion battery recycling process that the company reports recovers up to 95% of materials found in all lithium-ion battery chemistries.

Jun 18, 2024

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