article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

article thumbnail

CEC EPIC report highlights research making grid more resilient & reliable

Green Car Congress

EPIC funds are competitively awarded to support the most promising technologies and approaches across six investment areas: the entrepreneurial ecosystem; resilience and safety; building decarbonization; grid decarbonization and decentralization; industrial and agricultural innovation; and low-carbon transportation.

Grid 243
article thumbnail

New long-duration, extended capacity Na-Al battery design for grid storage

Green Car Congress

The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. In comparison, the energy density for lithium-ion batteries used in commercial electronics and electric vehicles is around 170–250 Wh/kg.

article thumbnail

DOE launches design & construction of $75M grid energy storage research facility at PNNL

Green Car Congress

The US Department of Energy (DOE) has begun work on the Grid Storage Launchpad (GSL), a $75-million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

article thumbnail

SolarEdge, Kokam open 2GWh cell plant in South Korea

Green Car Congress

SolarEdge Technologies and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility.

article thumbnail

DOE awarding $75K to Cirba to expand battery recycling as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. In September 2022, Cirba Solutions announced plans to construct a 75,000-square-foot facility in Eloy, Arizona to recycle lithium-ion batteries.

article thumbnail

South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

Green Car Congress

South 8 will leverage the funding to accelerate the commercialization of its patented Liquefied Gas Electrolyte (LiGas) technology for high-performance batteries for electric vehicle, grid storage, aerospace, and defense applications. ?