Best-in-class players such as Panasonic-Tesla will achieve 35% reductions over the next decade, while others could lag at over $229/kWh, according to Lux Research. The electric vehicle opportunity is set to expand, as leading battery developers like Panasonic drive down prices of lithium-ion (Li-ion) battery packs by 35% to $172/kWh in 2025, according to Lux … Continue reading Electric Vehicles Market Set for Big Boost as Li-ion Battery Costs Hit $172/kWh in 2025
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Enel Green Power reaches accord with Tesla on wind energy, solar power batteries
Enel Green Power and Tesla have today finalised an agreement for the testing of the integration of Tesla’s stationary energy storage systems with Enel Green Power’s solar and wind plants. The deal aims to increase output from EGP facilities and supply advanced services for a better overall integration of renewables into the grid. The … Continue reading Enel Green Power reaches accord with Tesla on wind energy, solar power batteries
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Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough
For Tesla’s cheap Gigafactory-produced battery cells to truly disrupt stationary energy storage, it needs more partnerships and acquisitions in power electronics, software, and with utilities. Electric vehicle leader Tesla Motors announced new offerings for stationary energy storage, including the Powerwall battery for residential energy storage. With massive capacity for lithium-ion batteries from its Gigafactory coming … Continue reading Tesla’s New Home Energy Storage Solution Still Needs Help to Be a Breakthrough
Continue readingIf Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer
Tesla Motors is expanding beyond its electric vehicles business into the energy industry’s another fast-growing area by making inroads into residential and business battery systems. “The issue with existing batteries is that they suck. They’re really horrible,” Tesla Motors CEO Elon Musk told a large crowd of business partners and reporters late Thursday at … Continue reading If Tesla’s new solar power batteries are as good as its electric cars, they could be a game changer
Continue readingTesla moves into batteries that store solar energy
Tesla Motors on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on … Continue reading Tesla moves into batteries that store solar energy
Continue readingBatteries to store solar energy
Electric car manufacturer Tesla is expected to jump-start the market for a home or business battery to store solar energy with an announcement later today in Hawthorne. SolarCity — a residential solar company that, like Tesla, is run by billionaire Elon Musk — has already installed several hundred battery and solar systems in homes … Continue reading Batteries to store solar energy
Continue readingTesla to unveil home battery on 30 April
Tesla Motors Inc plans to unveil its first non-car product line on 30 April, which, according to the automaker, would be stationary batteries. The electric car maker would offer two types of batteries: one that powered homes, and the other for utility use. The Palo Alto-based company would source solar panels from sister company, … Continue reading Tesla to unveil home battery on 30 April
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Saft and Enercon to Help Stabilize Faroe Islands’ Grid
Saft, a Paris-based company who focuses on design development and manufacturing of high-tech batteries, is teaming up with German-based wind turbine manufacturer Enercon to create an energy storage system (ESS) which will aid the Faroe Islands. The 2.3 megawatt project will be Europe’s first ever commercial deployment of a lithium-ion battery system that works in … Continue reading Saft and Enercon to Help Stabilize Faroe Islands’ Grid
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Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals
Molten salt batteries still account for a majority of existing grid storage installations, but Li-ion is rapidly taking over as the market matures, says Lux Research. Lithium-ion (Li-ion) batteries have become the dominant technology in grid storage, capturing a 90% share of systems proposed last year. Molten salt batteries still account for a majority of … Continue reading Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals
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Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
A recent report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries … Continue reading Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
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Grid Batteries for Wind Energy and Solar Power Find First Customers
Several new types of battery, each capable of cost-effectively storing the energy output from a wind power or solar energy, are finally being hooked up to power grids. The so-called grid batteries could lower the cost of renewable energy by eliminating the intermittency problem that arises when the sun isn’t shining or the wind isn’t … Continue reading Grid Batteries for Wind Energy and Solar Power Find First Customers
Continue readingNew battery could propel renewable energy, solar power and wind energy
One of the largest obstacles to the viability of renewable energy, like wind energy and solar power, is the process of storing and transporting the power once the energy’s been converted to electricity. That obstacle has shrunk in recent years, as technology has improved. Now, a bigger, cleaner and more powerful battery is hitting the … Continue reading New battery could propel renewable energy, solar power and wind energy
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Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
The majority of these materials are likely to be used in lithium ion batteries, report concludes. A new report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for the capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. The … Continue reading Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
Continue readingSaft to Deliver Third Li-ion Energy Storage System for California Utility
The lithium-ion (Li-ion) energy storage systems will be used to mitigate power fluctuations inherent with solar-generated electricity. Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has received its third contract from a major California utility. Since the first utility-scale storage system was commissioned at the end of 2012, Saft received … Continue reading Saft to Deliver Third Li-ion Energy Storage System for California Utility
Continue readingWorldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
A recent report from Navigant Research analyzes the global market for next-generation advanced batteries, with a focus on the current leading battery chemistry, lithium ion, and the energy storage device types that might eventually replace it. While lithium ion (Li-ion) batteries offer many advantages over traditional battery technologies, research and development of new battery chemistries … Continue reading Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
Continue readingSaft to Supply Li-ion Battery Energy Storage System for Kauai Island
Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has been awarded a multi-million dollar contract by Kauai Island Utility Co-operative (KIUC) to provide a Li-ion Battery Energy Storage System (BESS) consisting of 8 Intensium Max 20 M containers to stabilize the Kauai island electrical grid. Saft’s BESS will be deployed … Continue reading Saft to Supply Li-ion Battery Energy Storage System for Kauai Island
Continue readingLithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023
Lithium ion (Li-ion) batteries have emerged as the leading battery technology for a wide variety of applications, including mobile devices, grid-scale energy storage, and electric vehicles (EVs). The market for Li-ion batteries for automobiles is expected to expand rapidly over the next 10 years, with battery electric vehicles (BEVs) for consumers drawing the largest share. … Continue reading Lithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023
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New rechargeable batteries for electric vehicles
Researchers have developed new molten air rechargeable batteries for electric vehicles that have a significantly higher storage capacity than lithium batteries. While electric vehicles offer many advantages, at least one barrier stands in the way of their large-scale adoption: ‘range anxiety’. Researchers at George Washington University, led by Stuart Licht, have developed a novel … Continue reading New rechargeable batteries for electric vehicles
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The future of batteries
Everywhere you look, you see lithium-ion batteries. They’re in your laptop, your cell phone, your power tools, maybe even your car. Lithium-ion battery research accounts for about 95% of all battery research and development, which has resulted in countless improvements to the technology. But lithium-ion batteries can only go so far. The Joint Center for … Continue reading The future of batteries
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LG Chem to build battery plant for electric vehicles in Nanjing
LG Chem said Wednesday that it has teamed up with two state-run companies in China to build its first electric-vehicle battery plant there. It signed with Nanjing Zijin Technology Incubation Special Park Construction Development and Nanjing New Industrial Investment Group to jointly operate a plant in Nanjing. LG Chem plans to establish a joint venture … Continue reading LG Chem to build battery plant for electric vehicles in Nanjing
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