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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. The energy storage battery business is Gotion's second-largest business after power batteries. billion, or 76.51

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University of Leeds and Chinese Academy of Sciences create joint institute to develop next-generation thermal and mechanical energy storage systems

Green Car Congress

The University of Leeds (UK) and the Chinese Academy of Sciences have partnered to create a joint research institute to develop next generation energy storage systems, with a focus on thermal- and mechanical-based energy storage systems. These all have several drawbacks.

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GlobalData: Coronavirus threatens China’s battery sector dominance; 26 GWh hit in 2020

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The coronavirus (COVID-19) outbreak in China will impact the green energy sector, including renewable energy sources, battery energy storage, electric vehicles (EVs), and renewable heating and cooling, says data and analytics company GlobalData.

2020 292
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Benchmark: China will increase share of global cathode production to 87% in 2030

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The top four Chinese cathode producers in 2022 combined have more than 1.4 LFP’s safety means it is attractive for energy storage applications. Burrell said that much of the Tier Three LFP produced in the country will go to telecommunication companies who are ramping up grid storage in China.

China 243
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A123 Systems to supply 2MW Li-ion energy storage system to Ray Power for frequency regulation in China

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A123 Systems will supply a 2MW grid Li-ion energy storage system to Ray Power Systems Co. a Chinese company focused on developing the frequency regulation market and relevant technologies. —Eldon Mou, CEO of Ray Power.

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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84 GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally.

Germany 170