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From cell production to energy trading: Volkswagen launches its first large-scale battery storage project
The “Elli Power Center” in Salzgitter may not be large, but it is significant: the Volkswagen Group intends to become an “integrated energy player,” combining activities from battery cell production to the marketing of energy storage within a single corporate structure.
7 hours ago
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Australian battery manufacturer lands funds for expansion plans
Perth-headquartered energy storage and battery-based power systems specialist Magellan Power has teamed with specialist investment manager Viburnum Funds to boost its manufacturing capabilities and fund expansion in Australia and internationally.
WEG secures funding for Brazilian battery manufacturing plant
The new plant will increase WEG’s BESS production capacity to up to 2 GWh. Construction is expected to be completed in the second half of 2027. The company aims to serve both the large-scale storage market and the commercial and industrial (C&I) segment.”
Epic Energy, REFNIC partner for lithium-ion battery recycling and second-life facility in India
Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.
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Battery cell prices continue to plummet as lithium prices hit new low
The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells was CNY 0.41/Wh ($ 0.056/Wh) in June, posing a challenge to cost control for most cell makers.
Interview with Trina Storage: We expect consolidation in the coming years
In a recent interview with pv magazine Italia, Gabriele Buccini, head of utility storage at Trina Solar, talked about the company's vertical integration and its forecasts for the storage market. “There is enough capacity available to drive prices down in 2024 in an anomalous way,” Buccini said when talking about global battery energy storage production levels.
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In Conversation: How cheap can battery storage get?
Rapidly declining battery energy storage prices are on everyone’s lips, but rare are the ones who can say for how long costs can stay on a downward trajectory. pv magazine ESS News sat down with Taipei-based InfoLink Consulting to hear their take on the market developments.
Jul 04, 2024
Zinc batteries: Redflow teams with Stanwell on 400 MWh project, e-Zinc secures $31m commercialization funding
Australian zinc bromide flow battery specialist Redflow has struck a partnership with Queensland state-owned generation company Stanwell to work together on the development of a non-lithium long-duration battery energy storage solution for use in a 400 MWh project. Meanwhile, Toronto long duration energy storage specialist e-Zinc has secured $31 million which will go towards developement and completion of its pilot manufacturing facility in Mississauga, Ontario.
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US DOE to allocate $100 million for non-lithium, long-duration energy storage pilots
The US Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has issued a Notice of Intent (NOI) to fund pilot-scale energy storage demonstration projects, focusing on non-lithium technologies, 10+ hour discharge systems, and stationary storage applications.
In Conversation: ‘From the next two years on we start to see battery supply in Europe’
At Intersolar Europe 2024, ESS News spoke with Paul McCusker, President EMEA Region at Fluence, about the company’s regionalization strategy and its ambition to bring locally made products to its customers in Europe. He also spoke about EMEA-region specific technology preferences and requirements, such as noise levels and safety. Additionally, McCusker presented his views on battery price movements and key challenges to market growth.
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