Battery prices are falling, and renewable energy generation continues to expand, leading power plant developers to co-locate energy storage along with power generation assets.
US-based startup Form Energy has secured $200 million Series D funding for the development of what is being called a breakthrough in energy storage.
The battery operates at 230 degrees Fahrenheit, opening what researchers said could be “a whole cascading cost savings” including everything from less expensive materials to less insulation.
Courts have ruled both ways on whether the online retailing platform can be held liable for selling products that cause damage. The latest case involves a house fire in Minnesota.
In its second quarter earnings statement, the company said it expects volume and margin improvements in its residential business to continue, with Q3 volume expected to top 40% compared with 2020.
Maui’s electric power grid is expected to operate with 100% solar and wind on an instantaneous basis as early as 2024, and NREL is helping the island plan to reliably supply electricity.
The maintenance cost of an electric vehicle is estimated to be significantly lower than internal combustion engines, and studies show home solar furthers the cost savings and boosts carbon emission reductions.
Tesla acquired the Californian supercapacitor maker in 2019, leading some to speculate its EVs would use ‘supercaps’ for top acceleration. Two years on, it appears Elon Musk has moved on and sold Maxwell to UCAP Power, but Tesla has retained the company’s dry electrode tech.
Plus there is news this week of a green hydrogen tie-up in India, plans for another German production facility, and of new hydrogen transport networks for Switzerland and the U.S.
Australian electricity network part-owner Spark Infrastructure said it will welcome other bids if a $5.2 billion (USD$3.85) billion takeover bid by a consortium fails, implying a sale is on the cards.
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