Latest news about ESS Industry - Page 23 of 30 - Energy Storage

Industry

Industry ESS News

Industry ESS News

In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.

The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.

In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.

Latest News

Recycling

Aluminum maker to acquire Northvolt’s battery recycling business Swedish battery maker Northvolt has been withdrawing from non-core businesses in the face of a financial crisis.

37 minutes ago

Toyota concept car

Industry

Japan keeps lead in solid state battery development While China, South Korea, Europe, and the US are also engaged in active development of all solid state batteries, Japan is leading the charge offering generous subsidies to technology proponents.

Jan 10, 2025

Supply chain

China proposes to cut exports of battery cathode and lithium processing technologies China is proposing an export ban on critical battery cathode and lithium processing technologies which could further solidify its upstream dominance.

Jan 09, 2025

Policy

Chile has 15 GW of energy storage under environmental permitting The Chilean Association of Renewable Energy and Storage (Acera) says 3 GW of energy storage projects have gotten off the ground and another 15 GW are at the environmental permitting stage.

Jan 09, 2025

Flow batteries

Quinone redox flow battery company secures $2.6m for commercial pilot site Quino Energy says the mildly alkaline nature of its storage medium means it can be installed in existing oil industry holding tanks.

Jan 09, 2025

Finance

U.S. DOE loans $1.8 billion to Arizona utility for solar, storage, transmission The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets.

Jan 09, 2025

Manufacturing

Chinese lithium-ion anode producer halts $1.4 billion Swedish investment The decision comes after the Swedish Strategic Products Inspectorate imposed regulatory conditions deemed unacceptable by China's Putailai New Energy Technology.

Jan 08, 2025

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All Industry news

Large energy storage system

Projects & Applications

New battery storage platforms aim for 2.4 GW rollout in the US, 2 GWh development in Germany The announcements of two major battery energy storage development platforms have coincided, as industry incumbents seek to establish their footprint in promising markets.

Jul 17, 2024

sungrow battery

Fire risk and safety

Trial by fire: Inside Sungrow’s thermal event testing Sungrow says the industry needs to do more to increase public confidence in lithium-ion battery storage.

Michael Puttré

Jul 17, 2024

Battery energy storage container

Finance

Botswana lands funding for its first utility-scale battery storage project The World Bank has provided Botswana, one of the world's fastest-growing economies, with a loan to finance a 50 MW/200 MWh battery energy storage system, the nation's biggest such project to date.

Jul 16, 2024

akaysha Orana-render

Finance

Akaysha lands $650 million to fund 1,660 MWh Orana battery build Australian battery storage developer Akaysha Energy has secured a $650 million debt deal that will accelerate the development of what is to be the largest four-hour battery energy storage system in the Australian National Electricity Market.

Jul 15, 2024

Battery storage systems

Technologies

Brazil’s strategic R&D initative helps learn about energy storage integration into the grid A total of BRL 300 million ($ 55.5 million) has been allocated to 20 projects proposed by 13 companies. The Brazilian National Electric Energy Agency (ANEEL) announced the results of the winning projects, which should help inform future integration of energy storage projects.

Jul 11, 2024

Finance

Grenergy secures financing for two phases of world’s biggest battery project Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.

Jul 10, 2024

Hornsdale

Policy

Australian government to underwrite 1.4 GW of renewables, battery storage projects The Australian federal government will underwrite a minimum of 1 GW new wind and solar projects and another 400 MW/1,600 MWh of storage capacity in South Australia to help the state progress to its net 100% renewables goal by 2027.

Jul 10, 2024

Markets

Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the end of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.

Jul 09, 2024

caes zw1

Grid-scale

320MW/640MWh battery to complement compressed air storage project in the Netherlands The battery development should monetise excess grid capacity and complement the 320 MW compressed air energy storage project developed by Groningen-based long duration energy storage specialist Corre Energy.

Jul 08, 2024

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