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Daimler enters stationary energy storage market with ACCUmotive battery systems; 500 kWh unit already on line for grid stabilization

Green Car Congress

Daimler is entering the commercial and residential stationary energy storage system (ESS) market with its wholly-owned subsidiary Deutsche ACCUmotive. Daimler’s first industrial-scale lithium-ion unit is already on the grid and is being operated by the partner companies The Mobility House AG and GETEC Energie AG.

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ROSATOM subsidiary acquires 49% stake in Korean battery maker Enertech; planning gigafactory in Russia

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RENERA LLC, ROSATOM’s integrator company for the energy storage business (subsidiary of TVEL Fuel Company of Rosatom) is acquiring a 49% share of Enertech International , a South Korean manufacturer of electrodes, lithium-ion cells and energy storage systems.

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Ener1 Partners With Russias Federal Grid Company to Develop Grid Energy Storage Opportunities

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signed a memorandum of understanding (MOU) with Russia’s Federal Grid Company (FGC) to help develop new opportunities to use high-performance battery systems to improve the reliability and performance of the Russian electricity system, which is facing record setting demand on an aging grid. Tags: Batteries Russia Smart Grid.

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South Dakota School of Mines & Technology vying to establish international center for solid-state batteries

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The South Dakota School of Mines & Technology is vying to establish an international center to develop solid-state batteries which will be safer, cheaper, smaller and more efficient than lithium ion batteries. Naval Air Systems Command, Solvay of Belgium, Collins Aerospace, L3Harris Technologies, 3M and Parker-Hannifin Corporation.

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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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Report says lithium from California’s Salton Sea can anchor US battery supply chain

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—Danny Kennedy, CEO of New Energy Nexus. Source: New Energy Nexus. New Energy Nexus is an international non-profit that supports clean energy entrepreneurs with funds, accelerators, and networks. Earlier post.).

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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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