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A123 Energy Solutions announces first commercially operating Li-ion grid energy storage installation in China

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A123 Energy Solutions announced today that a new 2-megawatt Grid Storage Solution for Ray Power Systems Co. The containerized 53-foot long battery is one of A123’s widely deployed High Rate (HR) Grid Storage Solutions and stabilizes the grid to ensure power quality. —Bud Collins, President of A123 Energy Solutions.

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Lux: Li-ion dominating grid storage market with 90% of 2014 proposals

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Lithium-ion (Li-ion) batteries have become the dominant new technology in grid storage, capturing a 90% share of systems proposed last year, according to analysts at Lux Research. Li-ion accounted for 419 MW and 1,555 MWh of proposed storage systems in 2014. LFP, NMC are the leading Li-ion cathodes.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

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IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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Toshiba delivers two SCiB Li-ion grid energy storage systems

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Toshiba Corporation has delivered battery energy storage systems integrating the company’s SCiB Li-ion battery ( earlier post ) to Kyushu Electric Power Co., Toshiba’s battery energy storage systems provide such islands with a solution for efficient and effective frequency regulation.

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Li-Ion battery manufacturer RCRS Innovations to invest INR 50 cr to scale capacity – ET Auto

Baua Electric

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. lakh solar home lighting systems had been installed across India by the end of 2022 under the Off-grid Solar PV Programme.

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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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German utility STEAG is investing around €100 million in grid energy storage systems (ESS) totalling 90 MW, equipped with Li-ion cells from LG Chem. Nidec ASI will take on the role of Main Contractor (EPC), responsible for the installation and commissioning of the plants.

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UPA installs 500 kWh containerized Li-ion system from BYD for grid storage

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The 40-foot unit is located in south Charlotte and has several BYD-vertically integrated components including a 200 kW bi-directional, UL-compliant BYD inverter with BYD’s 500 kWh Iron Phosphate battery. Expected service life of the Iron-Phosphate batteries is more than 25 years.

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