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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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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.

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Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

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This fuel mixture will reduce carbon emissions by more than 75% compared to the retiring coal-fired technology. Between 2025 and 2045, the hydrogen capability will be systematically increased to 100% renewable hydrogen, enabling carbon-free utility-scale power generation. and Hitachi, Ltd.

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ONE to invest $1.6B in 20 GWh Michigan gigafactory; LFP cell production in 2024

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Our Next Energy (ONE), a Michigan-based energy storage technology company focusing on lithium iron phosphate chemistries ( earlier post ), will invest $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan.

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Williams Advanced Engineering receives award to develop and demonstrate static flywheel energy storage technology for grid stabilization

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Williams Advanced Engineering, the division of Williams that commercializes Formula One-based technologies, has been awarded a grant from the UK Department of Energy and Climate Change’s Energy Entrepreneurs Fund to develop flywheel-based energy storage systems for use in grid stabilization.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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