Grid energy storage

 Fluence and Northvolt Collaborate to Co-Develop Smart, Sustainable Battery Technology for Grid-Scale Energy Storage

Retrieved on: 
Wednesday, April 21, 2021

b'Fluence , a leading global energy storage technology, software and services provider, and Northvolt , the leading European battery developer and manufacturer, today announced an agreement to co-develop next-generation battery technology for grid-scale storage applications.

Key Points: 
  • b'Fluence , a leading global energy storage technology, software and services provider, and Northvolt , the leading European battery developer and manufacturer, today announced an agreement to co-develop next-generation battery technology for grid-scale storage applications.
  • As part of the agreement, Fluence also plans to purchase battery systems from Northvolt.\nThe companies will draw on Fluence\xe2\x80\x99s systems-level knowledge, including 13 years of energy storage system operating data, and Northvolt\xe2\x80\x99s battery manufacturing expertise and digital competences to develop stationary energy storage products with industry-leading embedded intelligence and total system optimization.\nFluence and Northvolt will work together to develop Northvolt battery hardware and battery management systems optimized for Fluence energy storage solutions.
  • In response to surging demand for grid-scale battery solutions, Northvolt recently announced a $200M investment to ramp up its stationary energy storage manufacturing capacity.\nBoth Fluence and Northvolt are committed to decarbonizing the battery supply chain.
  • Fluence delivers energy storage and bidding optimization software products and engineering, delivery, and operational services to customers globally.

Power Edison Supplying World’s Largest Mobile Battery Energy Storage System

Retrieved on: 
Tuesday, April 20, 2021

At more than three megawatts (3MW) and twelve megawatt-hours (12MWh) of capacity, it will be the world\xe2\x80\x99s largest mobile battery energy storage system.\nThis press release features multimedia.

Key Points: 
  • At more than three megawatts (3MW) and twelve megawatt-hours (12MWh) of capacity, it will be the world\xe2\x80\x99s largest mobile battery energy storage system.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210420005293/en/\nPower Edison, the leading developer and provider of utility-scale mobile energy storage solutions, has been contracted by a major U.S. utility to deliver the world's largest mobile battery energy storage system.
  • Power Edison development portfolio includes energy storage, solar energy, EV charging, fuel cells and hydrogen.
  • Power Edison has a development and sales pipeline of over 1GWh of battery storage projects.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210420005293/en/\n"

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

Retrieved on: 
Wednesday, April 14, 2021

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

Retrieved on: 
Wednesday, April 14, 2021

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

Retrieved on: 
Tuesday, April 13, 2021

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

Retrieved on: 
Friday, April 9, 2021

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

Retrieved on: 
Thursday, April 8, 2021

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

Retrieved on: 
Thursday, April 1, 2021

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

Retrieved on: 
Wednesday, March 31, 2021

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

Retrieved on: 
Wednesday, March 24, 2021

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.