American Resources Corporation is developing a process to separate pure rare earth metals from lithium-ion batteries used in electric vehicles or power plants based on renewable energy. The technique is described as a two-zone ligand-assisted displacement chromatography (LAD) that is able to produce metals with high yields and purity of over 99%.
US based battery company Solid Power announced that it has received $130 million in new funding from investors including Ford and BMW. With this backing, the company plans to begin pilot scale production of solid-state lithium-ion batteries suitable for electric vehicles early next year.
Australia’s national science agency has identified a potential AUD 3.1 billion ($2.4 billion) industry, as the increasing penetration of renewable energy continues to drive growth in the battery energy storage sector.
Manufactured by Germany’s Fenecon, the modular battery has a storage capacity ranging from 8 kWh to 22 kWh. The product is claimed to allow predictive, grid-friendly charging and discharging.
Germany wrapped up another oversubscribed tender for large-scale solar last week, as well as an innovation tender for storage-linked PV projects.
The Chinese manufacturer will begin selling its new products in Australia and Europe. The hybrid inverter has an efficiency of up to 98.4% and the lithium iron phosphate battery features a storage capacity between 9.6 kWh and 102.4 kWh, depending on the number of modules.
In an earnings call, the company said that storage deployments grew 71% YoY and solar installations were its strongest in 2.5 years.
Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both specific capacity and cycle life. The material allows researchers to better take advantage of aluminum’s energy storage characteristics, and produce batteries with much higher capacity.
Owners and operators of energy storage systems, as well as investors, need transparent ways to evaluate battery performance. They need certainty that the selected batteries for their ESS projects will perform reliably, have predictable life expectancies, and meet projected revenue and contractual obligations over their lifetimes. The economic viability of entire projects depend on this confidence, writes Michael Kleinberg of DNV.
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