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China’s State Grid and BYD launch 36 MWh battery system for grid energy storage

Green Car Congress

BYD and the State Grid Corporation of China (SGCC) have finished construction on what may be the world’s largest battery energy storage station. While there are renewable generation systems of this scale in service today, there are no battery systems of this size, the partners noted. billion RMB).

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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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Mercedes-Benz Energy, Beijing Electric Vehicle start development partnership on 2nd-life battery storage

Green Car Congress

(BJEV), a subsidiary of the BAIC Group, have entered into a development partnership to establish second-life energy storage systems in China in the future. The tendency towards increasing distances between the site of energy production and the site of energy consumption also means huge challenges for today's energy grids.

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Gravity Batteries, Green Hydrogen, and a Thorium Reactor for China

Cars That Think

2021 was a big year for energy-related news, what with the ongoing hunt for new forms of energy storage and cleaner if not carbon-free electricity and events and research that spotlighted the weak links in our power grid. Well, let's think. And nature ‘messed’ with that judgment.”

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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

Green Car Congress

Will Scargill, Managing Energy Analyst at GlobalData, a data and analytics company, commented on achieving the targets: Achieving major reductions in carbon emissions in this decade requires rapid gains and the best way to achieve that will be through electrification.

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

Green Car Congress

IBM has developed an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy.

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