lithium-ion

Inorganic electrolytes will do the trick the company says. For multi-MW grid-scale applications the company says its technology can boost battery life to 50,000 cycles and is non-flammable. It adds that the costs of the product are competitive with conventional battery systems. Innolith is taking over the baton from Alevo, including chief executive and engineers. Alevo, however, went bankrupt last year, making the same promises.

Following hot on the heels of Exide Industries, traditional battery maker, Indian-based Amara Raja Batteries Limited has said it will set up a 100 MWh lithium ion assembly plant in Andhra Pradesh. The company aims to establish a foothold in the energy storage market for electric vehicles.

Following the signing of an assistance agreement between the Queensland Government and international consortium Imperium 3, an AU$2 billion lithium-ion battery factory is one step closer to reality.

Primearth EV Energy (PEVE) announces large-scale lithium-ion battery plans, Germany’s saferay receives financing for a 50 MW PV project, and RTS Corporation provides an update on Japan’s solar auctions.

Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, Secretary of India’s Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined India’s plans for becoming a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.

Indonesia has reached a milestone, having inaugurated its first three solar+storage mini-grids, thus enabling three remote villages to enjoy uninterrupted, off-grid access to electricity for the entire day.

India’s PV sector is expanding at a serious pace, creating jobs and further securing energy supply for many businesses. Yet, sourcing battery cell technology at the current rate resulted in annual foreign exchange of $150 million creating deficits, that hopefully can be averted in the future.

Xcel Energy’s 120-day report to Colorado regulators includes an additional 1.1 GW of wind at 1.1-1.8¢/kWh. Solar power bids have come in at 2.2-2.7¢/kWh, and solar+storage at 3.0-3.2¢/kWh.

With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive

The latest report by Mercom Capital finds VC investment in battery storage companies rising five-fold year-over-year to $299 million in 12 deals.