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New Energy Storage Deal to Boost UK Renewables
Battery
01-11-2024
Australia’s Origin Energy Begins Building 240 MW Of Battery Storage
Construction has begun on the AUD 450 million second stage of a 1,030 MWh, four-hour grid-forming battery at Eraring Power Station.The second stage will add a 240 MW/1,030 MWh battery system to the 460 MW, 1,073 MWh first-stage battery, which is expected
Battery
31-10-2024
SMA Altenso To Build 92.5 MW Battery Park In Germany
MEAG Munich Ergo Assetmanagement GmbH has agreed with SMA Altenso GmbH to acquire all shares in the Metelen Battery Park in the state of North Rhine-Westphalia.The 92.5 MW and 231 MWh battery energy storage project (BESS) is ready to begin construction.ME
Battery
31-10-2024
SMA Altenso To Build 92.5 MW Battery Park In Germany
MEAG Munich Ergo Assetmanagement GmbH has agreed with SMA Altenso GmbH to acquire all shares in the Metelen Battery Park in the state of North Rhine-Westphalia.The 92.5 MW and 231 MWh battery energy storage project (BESS) is ready to begin construction.ME
Battery
31-10-2024
Lithium Woes Hold Top China Producers to 2024 Losses
China’s two biggest lithium producers remain in the red nine months into the year as the battery-metal downturn continues squeezing the industry.Tianqi Lithium Corp. and Ganfeng Lithium Group Co. both reported third-quarter results Wednesday tha
Combined Heat and Power
29-10-2024
Australia’s First Manufacturing Facility Fully Powered By Renewable Energy
After a multi-year collaboration with us, Mars has announced a renewable energy milestone. Mars Petcare facility at Wodonga (Mars Wodonga) in Victoria will become the country’s first large-scale steam-based manufacturing site to operate entirely
Battery
29-10-2024
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, including the estimated US Inflation Reduction Act (IRA) tax credit amount of KRW 466 billion.While
Battery
29-10-2024
Galp In No Rush To Invest In Lithium Refinery With Northvolt
Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid challenging market conditions, CEO Filipe Silva said on Monday.A 50-50 joint venture between Galp
Battery
28-10-2024
LI-S Energy Off Like A Rocket On Latest Breakthrough
Li-S Energy has made another substantial improvement to the performance of its cutting-edge lithium sulfur battery technology, sending shares up by more than 58% todayFrom its Phase 3 automated pouch cell production facility in Geelong Li-S Energy has ach
Battery
26-10-2024
The Solid-state EV Battery Journey Has Only Just Begun
The pace of electric vehicle sales continues to dismay some auto industry observers, but let’s get real. Compared to the evolution of the internal combustion engine, electric vehicles are rocketing up the automotive food chain. The latest exampl
Battery
25-10-2024
Tier 1! Risen Energy Storage Recognized On Bloombergnef's Global Tier 1 List
Energy StorageOn October 23, 2024, BloombergNEF (BNEF) released its Q4 2024 Global Tier 1 Energy Storage Manufacturers list, where Risen Energy Storage has once again been recognized as a Tier 1 global energy storage manufacturer. This distinction highlig
Battery
25-10-2024
US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years
Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batteries that are already starting to help prevent power blackouts.From barely anything just a few y
Carbon Storage
24-10-2024
‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution fo
Canada
23-10-2024
LG Energy, Stellantis Plant In Ontario Begins Battery Production
Korean battery maker LG Energy Solution (LGES) said Wednesday that its joint venture with multinational automaker Stellantis had begun producing battery modules in Canada.In early 2022, LGES and Stellantis announced a plan to build an EV battery plant in
Energy Storage Project
22-10-2024
Graphite One Gets up to $325M Financing Offer From EXIM to Enhance US Graphite Production
Graphite One has announced the receipt of a non-binding letter of interest (LOI) from the Export-Import Bank of the US (EXIM) for potential debt financing of up to $325m.The funding will be issued under EXIM’s Make More in America and China and
Energy Storage System
22-10-2024
Scatec Reaches Financial Close for 103MW BESS In South Africa
Renewable energy provider Scatec has reached financial close for the103MW/412 megawatt hours (MWh) Mogobe battery energy storage system (BESS) facility in South Africa.The company is preparing to begin the construction of the project, Africa’s f
Singapore
21-10-2024
Singapore in Talks With Sembcorp to Expand Battery Storage
The Singapore government and Sembcorp Industries (SCIL.SI), opens new tab are in talks to expand a battery energy storage system on Jurong island, Gan Kim Yong, deputy prime minister, said during an energy industry event on Monday.
Battery Recycling
18-10-2024
Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 Million
The logo of Schneider Electric is pictured at the Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024Schneider Electric (SCHN.PA), will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid coolin
Germany
17-10-2024
Sungrow Plans Listing on Frankfurt Stock Exchange
Sungrow has said that its board has approved a proposal to issue global depository receipts (GDR) and list them on the Frankfurt Stock Exchange. The company said it aims to raise up to CNY 4.878 billion ($670 million) to fund four major manufacturing proj
Battery
16-10-2024
Nevada Is Getting the World’s First Lithium-Sulfur Battery Gigafactory
Supermaterials trailblazer Lyten will invest over $1 billion to build the world’s first lithium-sulfur battery gigafactory in Reno, Nevada.The new factory will be capable of producing up to 10 gigawatt-hours (GWh) of batteries annually once it&a
CCS
15-10-2024
Japanese Companies Team up for Carbon Capture Project in Hokkaido
Japan Petroleum Exploration Co (1662.T), Idemitsu Kosan Co (5019.T), and Hokkaido Electric Power Co (9509.T),said on Tuesday they have teamed up to develop a carbon capture and storage (CCS) facility in northern Japan.CCS is part of Japan's goal t
United Kingdom
14-10-2024
BW ESS Expands Global Energy Storage Footprint With Penso Power Merger
Global energy storage owner-operator BW ESS has announced a strategic merger with UK-based Penso Power in a move designed to strengthen its position in the energy storage sector, both in the UK and internationally.BW ESS and Penso Power have partnered on
Battery
14-10-2024
Solax to Invest USD 1.5bn in Battery, Smart Energy Production in China
SolaX Power (SHA:688717) plans to invest USD 1.498 billion (EUR 1.351bn) to build a research and manufacturing facility in the eastern Chinese province of Zhejiang which will be dedicated to utility energy storage and smart energy systems integrating sola
Energy Storage Project
11-10-2024
India Allocates 1.2 GW of Renewables-Plus-Storage at Average of $0.051/KWh
Image: Zosia Szopka, UnsplashSJVN’s second tender for 1.2 GW of firm, dispatchable power from renewables projects with energy storage systems has yielded a tariff of INR 4.25 ($0.051)/kWh.Four developers won by quoting the lowest tariff of INR 4
Energy Storage System
10-10-2024
SSE Begins Construction of 320MW BESS Project in UK
The ceremonial launch of the BESS project saw the participation of SSE Renewables officials, alongside contractors Morrison Energy Services and energy storage provider Sungrow. Credit: SSE.UK-based SSE Renewables has begun construction of a 320MW battery
Solid-State Batteries
10-10-2024
Rio Tinto to Acquire Lithium Chemicals Producer Arcadium Lithium in $6.7bn Deal
Rio Tinto has agreed to acquire US-based lithium chemicals producer Arcadium Lithium in an all-cash deal that values the latter’s diluted share capital at around $6.7bn.Under the terms of the definitive agreement, shareholders of Arcadium Lithiu
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Most views from Energy Storage
1
Actis Invests in 3.5 GW/4.5 Gwh of Solar-Plus-Storage in Philippines
2
A West Virginia Factory Will Soon Be Home to One of the World’s Largest Solar+Storage Microgrids
3
Exagen 28MW Solar-Plus-Storage Project Enters Planning
4
Enel Secures PPA for Part of Solar-Plus-Storage Project in Ercot With 104MW BESS
5
Georgia Power Updated Irp UPS Targets for Renewable Energy, Battery Storage
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RES Denied Planning Approval for 49.9mw BESS
