Energy Storage

On the basis of superior cost dynamics, flow batteries are set to create a 360 MWh market by 2020, for stationary storage applications. Vanadium-based technology will be the predominate redox flow technology, according to research from Lux Research.

As global oil prices hit a five-year low, the fossil fuel industry is facing a gathering storm that could spell great news for the solar power industry.

PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.

The battery storage system manufacturer completes a successful round of funding, capital will flow into expanding production, developing U.S. business and providing support for rapid growth.

Assault of batteries shapes the week, while the good vibes of the 15th Forum Solarpraxis are punctured by the news of SolarMax’s insolvency.

Belectric and Vattenfall cut the ribbon for a new battery storage facility at the Alt Daber solar power plant in Germany.

In an interview with Germany’s Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.

The German auto giant plans to offer batteries for industrial and stationary storage in addition to the batteries it uses for its electric and hybrid vehicles.

Just days after Daimler announced that it would halt production of its in-house battery cells and instead use LG Chem cells for its electric and hybrid vehicle batteries as well as for stationary storage solutions, the South Korean chemical giant said it would collaborate with another major German player on industrial battery storage systems.

The lithium ion battery manufacturer plans to acquire a 500 MWh-capacity manufacturing plant for the production of lithium ion electrodes and other products.