Hero MotoCorp Invests Rs. 124 Crore In Ather Energy
Ather Energy''s turnover for the year ended March 31, 2024, was Rs. 1,753.8 crore. Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru. Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in
Electric vehicle batteries alone could satisfy short-term grid
We quantify the global EV battery capacity available for grid storage using an integrated model incorporating future EV battery deployment, battery degradation,
Huawei secures contract for 1300MWh Saudi battery storage project
DEWA is developing a 1.21MW/8.61MWh energy storage system using Tesla lithium-ion batteries at the Mohammed bin Rashid Al Maktoum Solar Park. HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, said energy storage "supports our efforts to achieve the Dubai Clean Energy Strategy 2050, which aims to provide 75% of
Battery Energy Storage: Key to Grid Transformation & EV Charging
Batteries and Transmission • Battery Storage critical to maximizing grid modernization • Alleviate thermal overload on transmission • Protect and support infrastructure • Leveling and absorbing demand vs. generation mismatch • Utilities and transmission providers
Energy Department invests $325 million in new batteries that can store surplus renewable energy
A project led by Xcel Energy in partnership with long-term battery manufacturer Form Energy will deploy two 10-megawatt batteries that last 100 hours at the site of coal plants that are closing in
Enabling renewable energy with battery energy storage systems
These developments are propelling the market for battery energy storage systems (BESS). Battery storage is an essential enabler of renewable-energy generation, helping alternatives make a steady contribution to the world''s energy needs despite the inherently intermittent character of the underlying sources. The flexibility BESS provides
EIB invests €450m in French EV battery gigafactory
The European Investment Bank (EIB) is investing €450 million ($473.9 million) to provide battery supply of 9GWh to power 200,000 electric vehicles produced by Renault annually from 2025. The investment will be used for a gigafactory operated by Automotive Energy Supply Corporation (AESC) beginning in 2025.
Bosch, BMW, Vattenfall resurrect EV batteries for ''second life'' as large-scale energy st
According to Bosch, a 2MW/2MWh large-scale energy storage system will be built using lithium-ion batteries from BMWs ActivE and i3 ranges of EVs. The onsite storage facility will be operated by Vattenfall for 10 years under the terms of the Second Life Batteries alliance, as the link-up between the three parties is known.
Energy Storage Systems to support EV drivers rapidly charging on England''s motorways
The government-owned organisation plans to invest in Energy Storage Systems - essentially giant battery packs – for service stations where the grid supply is not enough for rapid charging
Repurposing EV batteries into ''third life'' energy storage and beyond
McKinsey expects some 227GWh of used EV batteries to become available by 2030, a figure which would exceed the anticipated demand for lithium-ion battery energy storage systems (BESS) that year. There is huge potential to repurpose these into BESS units and a handful of companies in Europe and the US are active in
Batteries are a key part of the energy transition. Here''s why
Demand for Lithium-Ion batteries to power electric vehicles and energy storage has seen exponential growth, increasing from just 0.5 gigawatt-hours in 2010 to around 526
DOE Invests $2 Million to Advance Li-Ion Battery Recycling and Remanufacturing Technologies
The clean energy economy of the future will be powered by Lithium-ion batteries, which are used for everything from smart phones and laptops to electric vehicles and home storage. DOE Invests $2 Million to Advance Li-Ion Battery Recycling and Remanufacturing Technologies | Department of Energy
Vehicle Energy Storage: Batteries
Jan 1, 2012, Y. S. Wong and others published Vehicle Energy Storage: Batteries | Find, read and cite all the research Based on the available energy sources, the electric vehicle (EV) cannot
U.S. Department of Energy Announces New Vehicle Technologies Funding and Future Partnerships with Battery Industry | Department of Energy
DOE''s efforts to strengthen the domestic lithium battery supply chain will also support the Energy Storage Grand Challenge (ESGC). The ESGC is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies and sustain American global leadership in energy storage.
ROUNDUP: Honeywell C&I launch, Wärtsilä fire safety, Iberdrola invests in thermal storage
Additionally, the company has just released a new customisable Addressable Fire Alarm system for battery storage. Iberdrola invests in thermal energy storage startup Iberdrola has invested €3 million (US$3.26 million) in a stake in Kyoto Group, a Norway
On the potential of vehicle-to-grid and second-life batteries to
Here, authors show that electric vehicle batteries could fully cover Europe''s need for stationary battery storage by 2040, through either vehicle-to-grid or
TotalEnergies'' Largest Battery Energy Storage Project
After commissioning four battery parks in France offering total energy storage capacity of 130 MWh, this project will be the Company''s largest battery installation in Europe. The batteries, 40
Stellantis invests in Tiamat and sodium-ion battery tech
Stellantis is also investing in the development of alternative technologies for energy storage, including solid-state batteries with Factorial Energy, lithium-sulfur chemistry with Lyten Inc. and
Saudi company invests in US battery maker Pure Lithium | AGBI
Saudi Arabian investment company Energy Capital Group has announced a collaboration with US tech startup Pure Lithium to develop renewable batteries. The batteries will use lithium extracted from oilfield brines, giving a further boost to Saudi Arabia''s plans to dominate in green industries. Based in Riyadh, Energy Capital Group
Next-Generation Batteries for Electric Vehicles and
As electric vehicles and grid energy storage continue to gain market share, the United States is expected to increasingly rely on imported raw materials (nickel and cobalt) for lithium-ion batteries due
Battery Component Manufacturer Plans $1.5B Investment in Indiana to Power Growing Domestic Electric Vehicle, Energy Storage
Battery Component Manufacturer Plans $1.5B Investment in Indiana to Power Growing Domestic Electric Vehicle, Energy Storage Demand ENTEK, the only U.S.-owned and U.S.-based producer of ''wet-process'' lithium-ion battery separator materials, announced plans today to establish operations in Indiana, investing $1.5 billion
Celebrating Another Breakthrough in Domestic Lithium Production
February 1, 2024. Office of Energy Efficiency & Renewable Energy. Celebrating Another Breakthrough in Domestic Lithium Production. At 227 feet below sea level, California''s Salton Sea rests at one of the lowest points in the United States. Beneath the surrounding desert, however, is a natural resource that could lift our clean energy economy
The future of energy storage shaped by electric vehicles: A
The lithium ion battery (the blue box) is universally applicable among the three EV storage pathways and the stationary energy storage. The growing demand
General Motors invests in energy storage to lower battery costs
Just_Super General Motors (NYSE:GM) has inked an investment in Boston-based energy storage and advanced materials company Nanoramic Laboratories on Wednesday, per a statement from the latter.The
Hinduja Group invests in UK second-life battery storage specialist
India''s Hinduja Group has invested GBP 15 million ($18.4 million) with four other investors in Connected Energy, a developer of energy storage systems based on second-life electric vehicle batteries.
Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery
Stellantis is also investing in the development of alternative technologies for energy storage, including solid-state batteries with Factorial Energy, lithium-sulfur chemistry with Lyten Inc. and sodium-ion with Tiamat. Tiamat is a spin-off of the French National Centre
Vanadium producer Bushveld invests in scale up of Enerox flow battery manufacturing
South African vanadium producer Bushveld Minerals is investing US$7.5 million in vanadium redox flow battery (VRFB) energy storage company Enerox, which is planning to scale up its manufacturing capabilities. Bushveld is among the consortium, Enerox Holdings
Japanese firm Idemitsu invests in Australian vanadium
Image: Vecco Group. Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major upstream projects have
Equinor, Uniper in flow battery investment and pilot project
September 1, 2022. Elestor hydrogen and bromine flow battery unit. Image: Elestor. Equinor has led an investment round for a flow battery manufacturer, while Uniper has just announced it will carry out a megawatt-scale flow battery energy storage pilot project. Perhaps the latest indication that market interest in flow batteries is getting
RWE reaches FID on Australia''s first long-duration lithium-ion battery storage project
RWE''s 249MWac Limondale PV plant. The 8-hour battery project will be built on an adjacent site. Image: RWE. RWE will proceed with an 8-hour duration large-scale battery storage project in New South Wales (NSW), while a tender for more long-duration
What Makes the Lithium-ion Battery 100Ah a Game-Changer in Energy Storage?
Unveiling the Lithium-ion Battery 100Ah: Powering the Future. Understanding the Lithium-ion Battery 100Ah. Lithium-ion batteries have revolutionized the energy storage landscape, offering high energy density, lightweight, and rechargeability. Among these, the 100Ah variant stands out as a powerful solution for various applications.
Journal of Energy Storage
Lithium-ion batteries are recently recognized as the most promising energy storage device for EVs due to their higher energy density, long cycle lifetime and
New Battery Storage Technologies Could Free Up More Lithium
New Battery Storage Technologies Could Free Up More Lithium for EVs. Lithium-ion batteries at the LS Power Group Vista Energy Storage project in Vista,
Natron Energy Raises $35 Million in Series D Financing to Expand Sodium-Ion Battery Commercialization
Natron''s battery technology enables energy storage products that are both higher -powered and safer than traditional options—with none of the fire, explosive gas or thermal runaway risks
How To Invest In Energy Storage | Seeking Alpha
Energy Vault expects to merge with SPAC Novus Capital Corporation II ( NXU) in Q1 2022. It uses gravity-based energy storage technology and develops a technology-agnostic AI system. The pro forma
Second-life EV batteries: The newest value pool in energy
Second-life EV batteries: The newest value pool in energy storage. With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging:
Battery-Based Energy Storage: Our Projects and Achievements
It will have a power rating of 25 MW and capacity of 75 MWh, thanks to the forty "Intensium Max High Energy" lithium-ion containers supplied by Saft. These two projects, which represent a global investment of nearly €70 million, will bring TotalEnergies'' storage capacity in Belgium to 50 MW / 150 MWh. TotalEnergies develops battery
Battery prices collapsing, grid-tied energy storage expanding
From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S. We are in the midst of a year-long acceleration in the decline of battery cell prices, a trend that is reminiscent of recent solar cell price reductions.
Idemitsu: Japanese oil major in energy storage JV
August 3, 2023. Schematic of the new JV business. Image: RENOVA Inc. Idemitsu Kosan, Japan''s biggest petroleum producer, has launched an energy storage business and announced its first lithium battery project. The company is in the joint venture (JV) Himeji Energy Storage Facility together with SMFL Mirau Partners, a subsidiary of Sumitomo
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