Marija Maisch
Subsea pumped storage tech secures funding from US, German governments
A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology.
Solid-state batteries enter pilot production, costs expected to drastically drop
The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027. The rapid expansion will lead to cell price declines, reaching CNY 0.6-0.7/Wh ($0,084-$0,098) level by 2035.
Tesla releases Powerwall 3 expansion units for more capacity at lower price
Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the US, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.
Vision Mechatronics launches India’s first high-voltage second-life battery
Vision Mechatronics has partnered with JSW MG Motors India to repurpose retired MG ZS EV batteries for industrial use. The initial deployment of the battery is in a Pune-based facility. It uses six modules from MG ZS EV batteries and is paired with an industrial UPS to deliver 36 kW of power.
Key trends in battery energy storage in China
China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
Form Energy raises $405 million for its multi-day iron-air batteries
The US-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
Giga Storage’s battery project in Belgium expands to 2.8 GWh
Netherlands-based Giga Storage is advancing its massive Green Turtle battery energy storage project in Belgium, having increased its capacity and assembled the construction team
EU approves aid for 5.4 GWh storage rollout in Poland
The European Commission (EC) has authorized a €1.2 billion ($1.3 billion) Polish state aid scheme to support investment into electricity storage facilities.
LG Chem develops material capable of suppressing thermal runaway in batteries
LG Chem has announced that its Platform Technology R&D team has developed a temperature-responsive Safety Reinforced Layer (SRL), a material which is described as capable of surpressing thermal runaway. The material was analyzed in collaboration with researchers from Pohang University of Science and Technology (POSTECH) in South Korea, while the safety verification was conducted in partnership with LG Energy Solution.
South Korea’s largest battery comes online
Korean utility KEPCO completed a 978 MW battery project that us billed as Asia’s largest battery energy storage system for grid stabilization purposes.
