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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Rimac Technology is the Rimac Group entity that designs, engineers and produces high-performance EV components and systems to help the industry build hybrid and electric vehicles.

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Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system

CN EV Post

The Megafactory is planned to initially produce up to 10,000 units of commercial energy storage batteries per year, with an energy storage scale of nearly 40 GWh, and the product will be available to the global markets. Notably, Tesla has been hiring for a Megapack project manager position in Shanghai since last month.

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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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Thermal Energy Storage Is No Longer Just Hot Air

Cars That Think

The shipping containers, which house a Frankenstein-like assortment of machine parts—motors repurposed from Volvo truck engines, giant tanks of compressed air, huge silos of piping hot sand—are produced by a company called Cheesecake Energy. Despite its name, Cheesecake Energy isn’t in the food business.

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NREL researchers point toward building energy efficiency instead of long-term storage

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Incorporating energy efficiency measures can reduce the amount of storage needed to power the nation’s buildings entirely with renewable energy, according to analysis conducted by researchers at the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL).

Building 186
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Sandy solution for renewable energy storage; Thermal Energy Storage System

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Sand is emerging as a key ingredient in the race to develop a viable electricity storage system for renewable energies. Australia-based Latent Heat Storage has developed a low cost thermal energy storage system based on the latent heat properties of silicon derived from sand. —Jonathan Whalley.

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NSF awards UCSD team $39M to improve integration of distributed energy resources into grid; EV batteries also

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The major driver for the project is the need to decarbonize the electrical grid, protect it from cybersecurity attacks and make it more resilient. We will be replicating the entire California power grid on one campus. It will also entail the construction of a new energy storage testing facility on the East Campus.

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