The National Renewable Energy Laboratory’s (NREL) final report on the future of storage presents “key learnings” from a series of six in-depth studies.
In other news, further Covid-19 lockdowns in China continue to negatively impact the EV battery supply chain and broader industry, Porsche is testing V2G capabilities, and Israeli startup Electreon announces extension of its wireless dynamic EV charging project in Sweden.
French renewable energy developer Neoen has signed a seven-year agreement with Australian utility AGL to provide 70 MW/140 MWh of virtual battery capacity in New South Wales.
Developed by an MIT spin-off, the device is based on a standard, two-electrode electrochemical cell containing conductive polymers, a carbon-graphene hybrid, and a non-flammable liquid electrolyte. The battery cells were tested to perform for 12,000 cycles at 100% depth of discharge.
A major Western Australian mine targeting the global vanadium battery market was this week found to be bankable, with feasibility studies confirming the project’s “strong commercial case for development,” its owner Australian Vanadium Limited said.
Indian Technological Products (ITP) will produce customized lithium battery packs for electric vehicles and stationary energy storage applications, including solar, at its new 100 MWh lithium battery factory in Gurugram, India.
Moment Energy is one of several companies and projects supported by the ARC program, which aims to provide clean-energy storage to urban and remote diesel-dependent communities in the Canadian province of British Columbia.
The global battery storage market will reach $10.84 billion in 2026, with the Asia-Pacific region accounting for 68% of total demand. China, Japan, India, South Korea and Australia will drive the regional market, according to GlobalData.
A startup incubated at the Indian Institute of Technology Kanpur has introduced ZincGel battery tech, which could offer significant savings for owners of two-wheel electric vehicles.
In other news, GM and Honda are jointly developing affordable EVs, the Biden administration holds an EV industry meeting, and Mercedes-Benz Energy agrees to supply EV batteries to BatteryLoop for its scalable, circular energy storage products.
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