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Altairnano signs MoU with Shenhua subsidiaries for industrial Li-ion energy storage systems in China

Green Car Congress

Altairnano has signed a Memorandum of Understanding (MoU) with Shenhua Science & Technology and its research affiliate, the National Institute of Clean and Low-carbon Energy (NICE), jointly to develop, deploy and promote industrial applications of lithium titanate-based energy storage systems in China.

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Tesla Megapacks to support France’s largest battery project

Teslarati

Tesla’s Megapacks are set to support France’s largest battery energy storage system (BESS), on which the company has begun construction, as announced this week. Tesla Energy posts record 9.4 ” The Cheviré site was formerly home to a coal, gas, and oil power station, which was operational between 1954 to 1986.

France 133
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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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.

Auto 52
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To Store or Not to Store: That is the Question

Green Car Congress

Typical daily grid demand. “ Why do you need energy storage on the grid, when the grid is full of power plants that generate all the energy that is needed? ” It would seem like a good question to ask and applies the same logic has been used for the past fifty years in determining grid strategy.

Store 279
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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says. This project contributes to China’s 5-year plan to reduce its reliance on fossil fuels.

Wind 306