Grid energy storage

Flux Power Launches Next Generation M24 Lithium-ion Battery Pack for End Riders & Center Riders

Wednesday, April 14, 2021 - 1:08pm

b"Flux Power Holdings, Inc. (\xe2\x80\x9c Flux Power \xe2\x80\x9d) (NASDAQ: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced the launch of the next generation M24 lithium-ion battery pack.\nThis press release features multimedia.

Key Points: 
  • b"Flux Power Holdings, Inc. (\xe2\x80\x9c Flux Power \xe2\x80\x9d) (NASDAQ: FLUX ), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced the launch of the next generation M24 lithium-ion battery pack.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210414005299/en/\nFlux Power's M24 lithium-ion battery pack (Photo: Business Wire)\nDesigned to power end riders and center riders that are commonly used in warehouses and distribution centers, the M24 delivers 24 V, 420 Ah and can last for 3,500 cycles.
  • \xe2\x80\x9cEarly reaction indicates we have a leading contender for the high-volume end rider and center rider market.\xe2\x80\x9d\nFlux Power designs, develops, manufactures, and sells advanced lithium-ion energy storage solutions for lift trucks, airport ground support equipment (GSE), stationary energy storage, and other industrial and commercial applications.
  • Flux Power\xe2\x80\x99s lithium-ion battery packs, including its proprietary battery management system (BMS), provide its customers with a better performing, higher value, and more environmentally friendly alternative as compared to traditional lead acid and propane-based solutions.\nFlux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.\n"

Worldwide Grid Battery Energy Storage Industry to 2030 - In 2020, the Global Market Expanded 47.3% With 2.4 GW of New Power Capacity

Wednesday, April 14, 2021 - 3:00pm

Growth Opportunity Analysis - Grid Battery Energy Storage: North America\nCapacity Deployment Forecast - Grid Battery Energy Storage: North America\nInvestment and Annual Capacity Additions Forecast - Grid Battery Energy Storage: North America\nForecast Analysis - Grid Battery Energy Storage: North America\nAnnual Capacity Additions Forecast by Country - Grid Battery Energy Storage: North America\nCapacity Deployment Forecast by Country - Grid Battery Energy Storage: North America\nForecast Analysis in Key Countries - Grid Battery Energy Storage: North America\n4.

Key Points: 
  • Growth Opportunity Analysis - Grid Battery Energy Storage: North America\nCapacity Deployment Forecast - Grid Battery Energy Storage: North America\nInvestment and Annual Capacity Additions Forecast - Grid Battery Energy Storage: North America\nForecast Analysis - Grid Battery Energy Storage: North America\nAnnual Capacity Additions Forecast by Country - Grid Battery Energy Storage: North America\nCapacity Deployment Forecast by Country - Grid Battery Energy Storage: North America\nForecast Analysis in Key Countries - Grid Battery Energy Storage: North America\n4.
  • Growth Opportunity Analysis - Grid Battery Energy Storage: Europe\nCapacity Deployment Forecast - Grid Battery Energy Storage: Europe\nInvestment and Annual Capacity Additions Forecast - Grid Battery Energy Storage: Europe\nForecast Analysis - Grid Battery Energy Storage: Europe\nAnnual Capacity Additions Forecast by Country - Grid Battery Energy Storage: Europe\nCapacity Deployment Forecast by Country - Grid Battery Energy Storage: Europe\nForecast Analysis in Key Countries - Grid Battery Energy Storage: Europe\n5.
  • Growth Opportunity Analysis - Grid Battery Energy Storage: Asia\nCapacity Deployment Forecast - Grid Battery Energy Storage: Asia\nInvestment and Annual Capacity Additions Forecast - Grid Battery Energy Storage: Asia\nForecast Analysis - Grid Battery Energy Storage: Asia\nAnnual Capacity Additions Forecast by Country - Grid Battery Energy Storage: Asia\nCapacity Deployment Forecast by Country - Grid Battery Energy Storage: Asia\nForecast Analysis in Key Countries - Grid Battery Energy Storage: Asia\n6.
  • Growth Opportunity Analysis - Grid Battery Energy Storage: Rest of the World\nCapacity Deployment Forecast - Grid Battery Energy Storage: Rest of the World\nInvestment and Annual Capacity Additions Forecast - Grid Battery Energy Storage: Rest of the World\nForecast Analysis - Grid Battery Energy Storage: Rest of the World\nAnnual Capacity Additions Forecast by Region - Grid Battery Energy Storage: Rest of the World\nCapacity Deployment Forecast by Region - Grid Battery Energy Storage: Rest of the World\nForecast Analysis by Region - Grid Battery Energy Storage: Rest of the World\n'

EVLO to deploy a 20-MWh battery energy storage system during transmission line work

Tuesday, April 13, 2021 - 11:00am

b'MONTRAL, April 13, 2021 /PRNewswire/ - EVLO Energy Storage Inc. announced today that it will deploy a 4-MW / 20-MWh battery energy storage system on the Hydro-Qubec grid based on the lithium iron phosphate (LFP) battery technology.

Key Points: 
  • b'MONTRAL, April 13, 2021 /PRNewswire/ - EVLO Energy Storage Inc. announced today that it will deploy a 4-MW / 20-MWh battery energy storage system on the Hydro-Qubec grid based on the lithium iron phosphate (LFP) battery technology.
  • Its research facilities, collectively called Institut de recherche d\'Hydro-Qubec (IREQ), conduct R&D in energy-related fields, including energy efficiency and storage.\nAbout EVLO Energy Storage Inc.\nEstablished in Qubec, EVLO Energy Storage Inc. is a subsidiary of Hydro-Qubec, North America\'s largest renewable energy producer.
  • EVLO is a full storage system service provider offering customized battery energy storage systems, control software, installation, inspection and management, and an end-of-life battery recycling program.
  • EVLO\'s energy storage product line ranges from compact, rack-mounted commercial systems to large, containerized utility-scale systems.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/evlo-to-deploy-a-20-mwh-battery-...\n'

Global Grid Battery Energy Storage Market to 2030 - Electricity Market Modernization and Cost Reductions are Powering the Industry - ResearchAndMarkets.com

Friday, April 9, 2021 - 3:36pm

The "Electricity Market Modernization and Cost Reductions Powering the Global Grid Battery Energy Storage Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electricity Market Modernization and Cost Reductions Powering the Global Grid Battery Energy Storage Market" report has been added to ResearchAndMarkets.com's offering.
  • Power utilities, system operators, and authorities worldwide increasingly regard grid battery energy storage as a core component of energy expansion plans.
  • Grid battery energy storage market fundamentals proved to be adequately strong against the COVID-19 turmoil.
  • Meanwhile, in most countries, the economics for grid battery storage is expected to remain challenging pending further cost reductions and market design modernization.

DGAP-News: e.battery systems GmbH enters into sales and industrialisation partnership with Hörmann Automotive Wackersdorf GmbH

Thursday, April 8, 2021 - 2:05pm

e.battery systmes and the German TIER 1 supplier Hrmann Automotive Wackersdorf have announced a strategic partnership.

Key Points: 
  • e.battery systmes and the German TIER 1 supplier Hrmann Automotive Wackersdorf have announced a strategic partnership.
  • The aim of the cooperation is the development, industrialisation and distribution of high-performance, scalable stationary energy storage systems that meet the requirements for peak shaving, according to a press release.
  • Within the framework of the strategic partnership, both companies want to combine their complementary know-how as well as their respective technology expertise.
  • Within the scope of the cooperation, the cell connection and peak shaving technology from e.battery systems will be integrated into Hrmann's BESS.

Ormat Commences Commercial Operation of the 10 MW/ 40 MWh Vallecito Battery Energy Storage Facility in California

Thursday, April 1, 2021 - 11:30am

RENO, Nev., April 01, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.1 (NYSE: ORA) today announced the commercial operation of the 10 MW/40 MWh Vallecito Battery Energy Storage System (Vallecito BESS).

Key Points: 
  • RENO, Nev., April 01, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.1 (NYSE: ORA) today announced the commercial operation of the 10 MW/40 MWh Vallecito Battery Energy Storage System (Vallecito BESS).
  • The Vallecito BESS provides local resource adequacy to Southern California Edison (SCE) under a 20-year energy storage resource adequacy agreement.
  • In addition, the facility will provide ancillary services and energy optimization through participation in merchant markets run by the California Independent System Operator (CAISO).
  • The Vallecito BESS is Ormats second operating BESS facility in California with one more project under construction and multiple other projects in various stages of development.

TWAICE: Profit Optimization for Stationary Energy Storages With Battery Analytics

Wednesday, March 31, 2021 - 11:12am

For the energy sector this means enhanced transparency and predictability of stationary battery storages.

Key Points: 
  • For the energy sector this means enhanced transparency and predictability of stationary battery storages.
  • The battery experts are now expanding their portfolio with an Operating Strategy Planner, a surefire method to extract maximum profit from stationary energy storages.
  • View the full release here: https://www.businesswire.com/news/home/20210331005480/en/
    Optimized profit for stationary energy storages with the TWAICE Operating Strategy Planner (Photo: Business Wire)
    Major utility companies are among the first customers to connect to the Operating Strategy Planner.
  • Stationary energy storage use cases and operational constraints have differing effects on battery degradation.

IOP, the company jointly owned by Phinergy and Indian energy major Indian Oil Corporation (IOC), will collaborate with two leading automakers in India - Ashok Leyland and Maruti Suzuki to test Phinergy's aluminium-air battery in electric vehicles

Wednesday, March 24, 2021 - 4:03pm

Under the LOIs, the parties agreed to collaborate in order to assess commercial uses of the aluminium-air battery developed by Phinergy.

Key Points: 
  • Under the LOIs, the parties agreed to collaborate in order to assess commercial uses of the aluminium-air battery developed by Phinergy.
  • These collaborations follow the collaboration between Phinergy and Mahindra Electric, another leading vehicle manufacturer in India, whereby a prototype for an electric rickshaw using an aluminium-air battery was recently completed.
  • Aluminium-air technology is an energy production technology with two main applications: energy backup for critical facilities and extension of the range of electric vehicles.
  • Zinc-air technology, which is currently in advanced stages of research and development, is a technology for storing renewable energy.

Electriq Power to Provide Industry-Leading PowerPod 2 Systems to Residents of Parlier, California, Under Innovative Home Solar and Energy Efficiency Program

Monday, March 22, 2021 - 1:00pm

Electriqs industry-leading energy storage solution, the PowerPod 2, will be the exclusive intelligent home battery used by the program.

Key Points: 
  • Electriqs industry-leading energy storage solution, the PowerPod 2, will be the exclusive intelligent home battery used by the program.
  • Standard solar power systems without batteries do not operate during such grid shutdowns.
  • Frank Magnotti, CEO of Electriq Power, said, We are pleased to have this opportunity to provide all Parlier homeowners at any income level with our energy storage solution.
  • Electriq Power is an energy storage company developing hardware and software solutions for the clean energy transition.

Battery Storage Use Up Among Utilities Looking for Reliable, Affordable Power

Tuesday, March 16, 2021 - 1:42pm

According to FlexGen , the nation's second-largest energy storage technology company, battery system prices have dropped nearly 20% over the past 3 years.

Key Points: 
  • According to FlexGen , the nation's second-largest energy storage technology company, battery system prices have dropped nearly 20% over the past 3 years.
  • We are proud to provide utilities with affordable solutions and help with their flexible generation needs.
  • "FlexGen HybridOS runs the entire system and immediately deploys stored power from the batteries to the grid, to provide utilities with reliable, smooth, uninterrupted power.
  • Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally.