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Report: China now makes enough batteries for global EV production

Green Car Reports

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.

Global 179
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Tesla Megapacks power on at Scotland battery energy storage site

Teslarati

A Tesla Megapack-based battery energy storage system (BESS) has gone live in Scotland, in partnership with TagEnergy and Harmony Energy. Credit: TagEnergy “Battery energy storage systems are vital for unlocking the full potential of renewable energy in the UK,” said Peter Kavanagh, Harmony Energy CEO.

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Qatar invests $125M in energy storage company Fluence

Green Car Congress

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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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

Green Car Congress

The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap , the Department’s first comprehensive energy storage strategy. billion into energy storage research and development—$400 million per year, on average.

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DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

Green Car Congress

The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

Green Car Congress

During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464