The battery industry is steadily moving forward: With the increasing electrification of vehicles and the expansion of renewable sources of energy, the global demand for batteries is growing. New technologies, as well as strategic and geopolitical decisions, will impact the battery and electromobility sectors, creating both opportunities and challenges.
In 2023, over 200 000 Swedish homeowners received a tax reduction for the installation of green technologies. They invested a total of SEK 22 billion, 80% more than in 2022 (SEK 12 billion). But in 2024, a decline is expected.
The software Data Analytics from the Munich-based company Twaice aims to realise the full potential of batteries. To this end, it offers comprehensive data analysis of storage systems.
The battery manufacturer says it is seeing the first positive developments from its restructuring measures. However, due to rising demand, Varta expects stronger business in the second half of the year - and more sales in 2024.
Axpo will develop one of the largest battery storage facilities in SwedenAcquired from project developer SENS (Sustainable Energy Solutions Sweden), the facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. It is combined with a solar park.
Inverter manufacturer SMA recorded a 66.5 per cent increase in sales to 367 million euros from January to March 2023. All three segments in the Group contributed to this development. Storage units and digital services also continued to be in strong demand.
Axpo will build a lithium-ion based 20MW/20MWh energy storage facility in Sweden to deliver services to the grid in 2024.
Belectric will build two solar farms with anstalled capacity of more than 100 MW in England. They are combined with batteries and single-axis trackers.
Tion Renewables has acquired a first battery storage project in Bacup in the northwest of England. It consists of five battery containers with lithium-ion battery cells (8.0 MW/9.3 MWh) directly connected to the power grid.
Intensively used batteries, taken from electric buses, get a second life as part of Project Anubis. This initiative of RWE and VDL Bus & Coach revolves around the sustainable use of EV batteries as part of a central storage system in Moerdijk, the Netherlands.
The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook.
Energy storage installations are projected to reach a cumulative 411 GW (1,194 GWh) by the end of 2030, according to BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.
Menlo's portfolio will now expand to include inverters for commercial installations, hybrid inverters, and batteries for residential installations.
Energy prices are skyrocketing. Now is the time for solar self sufficiency. For commercial use there are some more opportunities by bigger storage systems for solar energy. They buffer the consumption and diminish the costs for grid connection, as Franz-Josef Feilmeier explains. He is founder and CEO of Fenecon.
Nearly 140 000 Swedish small house owners have now invested over 8 billion Swedish Krona (SEK) in green technology, Svensk Solenergi reports.
IIASA researchers have come up with a new energy storage concept that could turn tall buildings into batteries to improve the power quality in urban settings.
With the acquisition of the Spanish company Webawatt Energia, Sonnen continues its international growth course.
Series production has started at the new Tesla plant in Grünheide near Berlin. The US manufacturer's first factory in Europe has officially started work.
The gigafactory is expected to enter operations in late 2024, utilizing 100 per cent clean energy to produce up to 100 gigawatt hours’ worth of cathode material to enable cell assembly at multiple Northvolt facilities.
QuantumScape Corporation, a California-based developer of solid-state lithium-metal batteries, has released data showing its battery cells are capable of withstanding many fast-charging cycles over time.
The Svolt Group, headquartered in China, has now unveiled its new LFP cells. The battery manufacturer also announced plans to increase its global production capacity to 600 gigawatt hours by 2025.
RWE is using used lithium batteries from electric vehicles in the new storage unit. The 60 battery systems in the innovative storage unit on the site of the RWE pumped storage power plant in Herdecke, North Rhine-Westphalia, can buffer around 4.5 megawatt hours of electricity.
The Fox storage system consists of an inverter and modular high-voltage batteries that can be scaled as needed. The unit includes a high-voltage charge controller that can deliver up to six kilowatts of continuous charge and discharge.
The Schaper Group is working with battery storage system manufacturer Tesvolt to implement a range of “green hydrogen” projects.
The international energy storage and inverter manufacturer Fox is presenting their All-In-One storage system. Here are further details on this storage unit:
