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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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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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Toshiba supplies Li-ion traction energy storage system for Tobu Railway

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Toshiba Corporation has supplied a Li-ion battery traction energy storage system (TESS) to Tobu Railway Co., TESS stores traction energy generated by decelerating trains as they enter a station and releases it as needed when trains accelerate from the station. The system is planned to operate from 22 December.

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Electrovaya launches Li-ion residential energy storage system; 3 kWh – 20 kWh

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launched its lithium-ion energy storage system for home usage. The battery stores power from the grid or from solar panels and stores it for later household use. The EnergyBlock can also store energy directly from solar panels, power in remote locations and emergency power. Electrovaya Inc.

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JAIST black-glasses-grafted silicon microparticles as anode material for improving battery performance

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However, silicon nanomaterials come with certain demerits, such as a large demand and supply gap, difficult and expensive synthesis process, and, most important, a threat of fast battery dry-up. Now, a group of researchers from the Japan Advanced Institute of Science and Technology (JAIST) led by Prof. Nandan et al.

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Mitsubishi Heavy to supply 500 kWh (normal) containerized Li-ion energy storage system to power grid of Orkney Islands

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(MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energy storage system demonstration project using the power grid in the UK’s Orkney Islands, which has a high proportion of renewable energy generation in relation to demand. In the project, Mitsubishi Power Systems Europe, Ltd.

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Researchers report first direct observation of anionic redox in a lithium-rich battery material

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Conventional Li-ion batteries work by cationic redox, when a metal ion changes its oxidation state as lithium is inserted or removed. Within this insertion framework, only one lithium-ion can be stored per metal ion. Lithium-rich cathodes, however, can store much more.

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US Subsidiary of GS Yuasa introduces energy storage systems for renewables and EV charging

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GS Battery (USA) Inc., , the US subsidiary of Japan-based battery maker GS Yuasa, announced the deployment of its Hybrid Energy System (HES) for renewable energy storage and EV charging. —Jeff Hires, Engineering Manager, GS Battery and the HES designer.