Energy Storage

The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.

The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.

Large-scale battery energy storage system will be supplied by GE and tap into U.K.’s growing demand for stationary storage solutions.

The Swedish Energy Agency has granted SEK 146 million to support Northvolt Labs’ large-scale battery manufacturing plant in Västerås, Sweden. Project already secured financial backing from ABB, Vestas and Scania.

According to a report released by Mercom Capital, venture capital firms showered battery storage companies with money to the tune of US$714 million last year.

U.K. battery distributor, DBS and China’s Leoch create new company, DBS Leoch, to pursue new battery market opportunities. Sum of agreement undisclosed, but it is understood partnership will deliver positive sales boosts for both firms.

By reinforcing the anode’s structure with graphene girders, researchers at the U.K.’s University of Warwick have found an effective approach to replacing graphite in the anodes using silicon, thus boosting the capacity of lithium-ion batteries, and more than doubling lifespans.

Lithium ion (Li-ion) manufacturer, GS Yuasa has announced plans to establish a European subsidiary, and to construct a new manufacturing plant for lithium batteries in Miskolc, Hungary.

Researchers from Northwestern University’s McCormick School of Engineering worked with a graphene structure, the particles of which resemble ‘crumpled paper balls’, and have created a scaffold onto which lithium atoms can be deposited.

BNEF has released its top 10 clean energy predictions for 2018, including at least 107 GW of solar PV installs. China will lead, but Latin America, Africa, Asia and the Middle East will notably up the ante. India will install less RE than in 2017, but will see fossils outpace RE for the last time; and China will see distributed grid connected solar leading the market. Li-ion prices are also declining, while EV sales grow.