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How Automotive Dealerships Can Save Money with Battery Energy Storage

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As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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IHS: late 2015 pipeline growth signals impending rise in global energy storage market

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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. gigawatts (GW) in Q4 2015. According to IHS Inc., —Marianne Boust, principal analyst for IHS Technology.

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Eos Energy Storage introduces grid-scale battery system at $160/kWh

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Eos Energy Storage announced the commercial availability of its MW-scale Aurora system for deliveries starting in 2016. Eos’s grid-scale product is designed to reliably integrate renewable energy, improve grid efficiency and resiliency, and reduce costs for utilities and consumers. Source: EOS. Click to enlarge.

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Tesla releases specs for its new Powerwall+ energy storage system

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Tesla is releasing the specifications for its new Powerwall+ energy storage system, according to a new product information sheet that a potential customer posted. Tesla’s Powerwall is the energy storage system that the company utilizes for Solar customers.

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Navigant forecasts energy storage enabling technologies revenue to total nearly $75B from 2015 to 2024

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Navigant Research forecasts that worldwide energy storage enabling technology (ESET) revenue will total nearly $75 billion from 2015 to 2024. According to the report, Energy Storage Enabling Technologies , global installed ESET revenue will grow from $605.8 million in 2015 to $21.5 billion in 2024.

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Lux Research charts complex partnership networks in stationary energy storage

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Lux Research is analyzing partnerships in stationary energy storage, and has produced a graphic showing some of the key partnerships of seven leading stationary storage battery suppliers. LG Chem will also supply batteries for Nidec in a large contract between Nidec and German Utility STEAG signed in 2015.

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Kokam deploys new 24MW and 16MW Lithium NMC energy storage systems for frequency regulation

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Kokam has successfully deployed two Lithium Nickel Manganese Cobalt (NMC) Oxide Energy Storage Systems (ESSs)—a 24-megawatt (MW) system / 9-megawatt hour (MWh) and a 16 MW / 6 MWh system—for frequency regulation on the South Korean electricity grid.