Academics reviewed the historic price development of lithium-ion batteries and found the accepted model does not accurately reflect the full cost decline and technological improvement which has taken place. With more data points to compare, the team found batteries had improved even more than previously assumed.
The Swiss utility will sell the ancillary services offered to energy network operator Fingrid by the 30 MW/30 MWh lithium-ion Yllikkälä Power Reserve One battery provided by French renewables company Neoen.
During an online launch event, a Blade Battery pack was pierced with a nail without becoming unstable or experiencing dangerous high temperatures. The company says the device will be safer during car accidents.
Researchers in China have ranked some of the most commonly used battery chemistries according to parameters deemed important for grid-level storage. The team gave a score in each category and determined a winner – and it wasn’t lithium-ion.
Following the launch of the Indian government’s 40 GW battery production plan for the states, Telangana has pitched for a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land plus power and water for the fab at a concessional rate.
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
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