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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

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Researchers at Imperial College London (ICL) developed a model to determine the lifetime costs (i.e., levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. Credit: Schmidt et al. —first author Oliver Schmidt.

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Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

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Battery materials company Nano One Materials has entered into a binding agreement to acquire all of the outstanding shares of Johnson Matthey (JM) Battery Materials Ltd. In November 2021, Johnson Matthey decided to exit the battery materials business, and has been working since to find a buyer or multiple buyers for its related assets.

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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh. 4 and have now been given a second purpose.

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DOE announces finalists of Geothermal Lithium Extraction Prize

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The US Department of Energy (DOE) announced the finalists in the $4-million American-Made Geothermal Lithium Extraction Prize, a competition supporting innovations that help lower the costs and reduce the environmental impacts of extracting lithium from geothermal brines.

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ALTe Powertrain and Inmatech form JV for hybrid electric storage devices; Li-ion cells, supercaps, and control electronics

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ALTe Powertrain Technologies, the developer of a Range Extended Electric Powertrain used to repower light commercial vehicles up to 26,000 GVW ( earlier post ), has signed a Letter of Intent (LOI) to form a joint venture with Inmatech, Inc. , The applications will range from automotive batteries to stationary grid power leveling devices.

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STEAG investing €100M in a total of 90 MW of grid energy storage systems with LG Chem Li-ion batteries

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Using the existing plant sites provides synergies in the infrastructure and therefore keeps the investment costs low, STEAG said. All systems consist of power converters, a transformer, batteries and the control system, mounted inside the container for easy transportation and installation in a “plug and play” solution.

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Electrovaya Partners on Approx. $7.5M Utility Energy Storage Demonstration

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Canada-based Li-ion maker Electrovaya Inc. is the energy storage partner for a utility demonstration project led by CEATI International Inc., The total project cost is estimated at approximately $7.5 Investigation into repurposing electric vehicle batteries for Smart Grid application. headquartered in Montreal.