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Jaguar Land Rover partners with Pramac to create charging unit using second-life Jaguar I-PACE batteries

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Jaguar Land Rover has partnered with Pramac , a global leader in the energy sector, to develop a portable zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries. The remaining materials are recycled back into the supply chain.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Maersk to pilot 600 kWh containerized battery system on container ship

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This trial will provide a greater understanding of energy storage that will support Maersk in moving towards further electrification of its fleet and port terminals. The containerized battery energy storage system has been manufactured in Odense, Denmark by the system integrator and turnkey supplier Trident Maritime Systems.

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GE posts $63M in orders for Durathon sodium-halide battery systems

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GE’s Energy Storage business announced $63 million in new Durathon sodium-halide battery orders since the business launched in July. In its first weeks of operation, the business secured 10 new telecom customer orders across several regions, including Africa, Asia, India and the US powering a total of more than 3,500 cell towers.

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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through its US subsidiary EnerNOC, has acquired California-based eMotorWerks, a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities.

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Second-life EV batteries market expected to reach $34.7B by 2027

Teslarati

Europe, Middle East & Africa: $7,460.03 The uses of these batteries include commercial and industrial energy storage, EV charging, grid charging, and off-grid and residential energy storage. million in 2021. Expected to reach $8,153.66 million in 2022, at a CAGR of 9.89% to reach $13,140.00

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