Green Car Congress

JULY 31, 2019

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Energy Storage Grid Global Energy 225

Green Car Congress

JULY 11, 2017

Siemens AG and The AES Corporation are forming a new global energy storage technology and services company under the name Fluence. AES and Siemens are currently ranked among the leading energy storage integrators worldwide by Navigant Research. Both companies have worked with LG Chem.)

Energy Storage 150

Energy Storage Global Energy San Diego 150

Green Car Congress

NOVEMBER 8, 2018

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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Energy Storage Energy South Korea Grid 275

Green Car Congress

MARCH 28, 2023

Limited (CATL), a global leader of new energy innovative technologies, and HGP Storage, LLC (HGP), a company specializing in the development of advanced battery energy storage systems (BESS), announced an agreement on the supply of more than 450 MWh of BESS. Contemporary Amperex Technology Co.,

Energy Storage 186

Energy Storage Texas Energy Batteries 186

Blink Charging

FEBRUARY 1, 2024

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. Installing a BESS on-site helps alleviate this grid demand for EV charging.

Energy Storage 102

Energy Storage Energy Batteries Battery 102

Green Car Congress

MAY 3, 2021

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Companies 448

Companies Lithium Ion Energy Storage Cleaner 448

Green Car Congress

JANUARY 23, 2019

Saudi Arabia-based SABIC, a global leader in diversified chemicals, has taken a majority stake in Black Diamond Structures (BDS), a nanotechnology company established in 2014. In particular, BDS provides benefits to battery manufacturers looking for breakthrough improvements in charge rates, battery cycle life and energy density.

Energy Storage 268

Energy Storage Carbon Saudi Arabia Lead Acid 268

Green Car Congress

FEBRUARY 6, 2020

Stealth-mode electrochemical energy storage startup SPARKZ Inc. has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. He founded methanol fuel cell company Oorja Protonics, Inc.,

Energy Storage 275

Energy Storage Lithium Ion Energy Batteries 275

Green Car Congress

NOVEMBER 4, 2022

Li-Cycle Holdings, the leading lithium-ion battery recycler in North America, and Vines Energy Solutions ( VinES ), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, launched a global recycling partnership.

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Li-ion Global North Carolina Vietnam 273

Green Car Congress

DECEMBER 12, 2018

Under current policies, home energy storage systems would also often increase carbon emissions, according to a study by a team of researchers at the University of California San Diego published in the journal Environmental Science & Technology. —lead author Oytun Babacan, a postdoc at the School of Global Policy and Strategy.

Energy Storage 275

Energy Storage Carbon Emissions Energy 275

Green Car Congress

JANUARY 20, 2016

Battery cost reductions, government funding programs and utility tenders led to a 45% increase in the global energy storage pipeline in the fourth quarter (Q4) of 2015 compared to the previous quarter. the global pipeline of planned battery and flywheel projects had reached 1.6 According to IHS Inc.,

Energy Storage 150

Energy Storage 2015 Global Market 150

Green Car Congress

MAY 21, 2021

The batteries will combine high energy density with ultra-long cycle life as well as fast-charging ability to meet the unique requirements of battery-electric long-haul trucks. Now CATL is expanding globally, and has opened subsidiaries in Munich (Germany); Paris (France); Yokohama (Japan); and Detroit (USA).

Global 435

Global Supplies Lithium Ion Batteries 435

Green Car Congress

JANUARY 31, 2019

As part of a strategy to continue providing low-emissions solutions for harsh offshore operating environments, Siemens has opened a fully robotized and digitalized plant in Norway that will develop and manufacture energy storage technologies for both marine and offshore oil and gas applications. Copyright: Neil Robertson.

Energy Storage 239

Energy Storage Mariner Li-ion Oil 239

Green Car Congress

DECEMBER 20, 2021

FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen, the CEO of FREYR.

Global 221

Global Batteries Battery Norway 221

Green Car Congress

JANUARY 23, 2022

Fermata Energy, a vehicle-to-everything (V2X) technology services provider, recently raised $40 million to accelerate the company’s growth with investment from new partners, including funds managed by global investment firm Carlyle and Verizon Ventures.

Energy 225

Energy Companies Power Grid Energy Storage 225

Green Car Congress

OCTOBER 16, 2017

Adding Brammo’s battery pack expertise and resources is an important step for Cummins in its efforts to become a global electrified power leader. Brammo’s energy storage expertise evolved into Brammo’s “Energy of Things” platform, with solutions scaling from 1.5 kWh to 100 kWh and 12V to 700V.

Energy Storage 186

Energy Storage Energy Electric Motorcycles Motorcycles 186

CN EV Post

MARCH 20, 2023

(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

Energy Storage 65

Energy Storage Japan Energy Market 65

Green Car Congress

AUGUST 20, 2021

Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. The company’s North and South American operations will be based there. The company has operations in 16 locations in Asia, Europe and North America with a global workforce of more than 400 employees.

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Li-ion Transportation Lithium Ion Power 488

Green Car Congress

MARCH 14, 2021

With global headquarters in Los Angeles, SEA Electric currently has operations in five countries and more than one million miles of independent OEM testing and in-service operation in all markets. The company forecast is to have more than 15,000 vehicles on the road by the end of 2023. SEA-Drive 120b Power-System.

Commercial 259

Commercial Companies Los Angeles Vehicles 259

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

MAY 12, 2023

Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina.

Argentina 284

Argentina Energy Storage Low Cost Australia 284

Baua Electric

JANUARY 9, 2024

.” Synetiq , the UK’s largest vehicle salvage company has partnered with Allye Energy to provide salvaged electric vehicle battery packs for the startup to use for energy storage systems, the two companies said on Monday.

Energy Storage 52

Energy Storage Auto Energy Batteries 52

Green Car Congress

AUGUST 11, 2021

Power management company Eaton’s Vehicle Group has developed a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to systems that include 48-volt architecture.

Eaton 243

Eaton Lead Acid Commercial Emissions 243

Green Car Congress

SEPTEMBER 12, 2023

an EV battery-repurposing company, is unveiling the Smartville 360 Battery Energy Storage System (BESS) during the RE+ 2023 conference in Las Vegas. Smartville Inc., The Smartville 360 is expected to be installed and operational at Nissan’s Tennessee headquarters by the second quarter of 2024.

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Las Vegas Li-ion Nissan Tennessee 278

Green Car Congress

JUNE 3, 2023

Tokyo Electric Power Company Holdings, Inc. TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

Toyota 416

Toyota Batteries Battery Energy Storage 416

Green Car Congress

NOVEMBER 5, 2014

In addition to five offers with new natural gas generation plants, SCE selected 69 offers from preferred resources and energy storage facilities. —Janice Lin, Executive Director of the California Energy Storage Alliance (CESA). In-Front-of-Meter Battery Energy Storage. Ice Energy Holdings, Inc.

Energy Storage 244

Energy Storage Purchase California Grid 244

Green Car Congress

APRIL 1, 2014

GKN plc, the global engineering group, has acquired Williams Hybrid Power Limited (WHP) from Williams Grand Prix Engineering Limited. WHP specializes in the design and manufacture of composite flywheel-based energy storage systems, initially focused on the bus, truck and tram markets. million (US$13.3 million (US$1.7

Energy Storage 239

Energy Storage Hybrid Energy Power 239

Green Car Congress

JULY 27, 2016

Maxwell Technologies, a leading developer and manufacturer of ultracapacitor-based energy storage and power delivery solutions, announced that its ultracapacitors are used for regenerative braking energy storage in the Beijing subway system.

Energy Storage 150

Energy Storage Energy China Volt 150

Green Car Congress

AUGUST 5, 2021

SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. SK Innovation will be a holding company that plays the role of the “Green Portfolio Designer & Developer” and puts greater emphasis on the improvement of the enterprise value. The SK Battery Co.,

South Korea 418

South Korea Batteries Battery Hungary 418

Green Car Congress

NOVEMBER 13, 2021

Koura , a developer, manufacturer, and supplier of fluoroproducts and technologies and part of the Orbia community of companies, has signed a definitive agreement to acquire Silatronix , a specialist in organosilicon (OS) electrolytes ( earlier post ).

Li-ion 186

Li-ion Companies Lithium Ion Massachusetts 186

Green Car Congress

FEBRUARY 24, 2017

SDG&E is unveiling the world’s largest lithium-ion battery energy storage facility in partnership with AES Energy Storage , which will enhance regional energy reliability while maximizing renewable energy use. MW of lithium ion battery energy storage. Advancion Node. a smaller 7.5

Energy Storage 150

Energy Storage Li-ion Energy Lithium Ion 150

Green Car Congress

MARCH 16, 2022

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 partnership is the first in Jaguar Land Rover’s plans to create new circular economy business models for its vehicle batteries.

Land Rover 416

Land Rover South Africa Batteries Battery 416

Green Car Congress

JANUARY 8, 2015

The California Independent System Operator (ISO), the California Public Utilities Commission (CPUC) and the California Energy Commission (CEC) unveiled a comprehensive roadmap to assess the current market environment and regulatory policies for connecting new energy storage technology to the state’s power grid. Weisenmiller.

Energy Storage 150

Energy Storage Grid Connect Connected 150

Baua Electric

APRIL 29, 2024

Gogoro , the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. SMFL) to accelerate Gogoro’s global business expansion. It’s hard to overstate Sumitomo’s magnitude, owning over 900 subsidiary companies with 80,000 employees.

Global 52

Global Energy Storage Light Financing 52

Green Car Congress

JANUARY 11, 2021

Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. With E-STOR commercial scale energy storage systems, end users can generate new revenues, save energy costs and make better use of renewable energy generation.

Connect 186

Connect Connected Energy Energy Storage 186

Green Car Congress

JUNE 2, 2016

Daimler AG has established Mercedes-Benz Energy GmbH to take over the development and global sale of Mercedes-Benz brand stationary energy storage ( earlier post ) with immediate effect. Daimler AG, with ACCUMOTIVE, began delivery of domestic storage solutions for the German market in April.

Energy Storage 150

Energy Storage Mercedes Energy 2016 150

Green Car Congress

DECEMBER 13, 2013

Lithium-ion batteries are characterized by their high energy density, while ultracapacitors offer rapid charge and discharge capabilities, reliable performance in extreme temperature conditions and long operational life. Our goal is to develop truly differentiated products that will create large new opportunities for both companies.

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Energy Storage Li-ion Lithium Ion Energy 218