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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Low-cost 5V dual carbon battery development for EV 

Electric Vehicles India

Low-cost 5V dual carbon battery development for EV . A 5V Dual Carbon Battery that uses self-standing carbon fibre mats as both electrodes such as cathode and anode has been developed by the Electrochemical Energy Storage Lab at the Indian Institute of Technology Hyderabad (IITH).

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. China is expected to maintain a 50% cost advantage in renewable energy up to 2050. As a result, utility solar is now the cheapest power source in 11 out of 15 APAC countries.

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New high energy, highly stable cathode for sodium-ion batteries

Green Car Congress

Researchers in South Korea have developed a novel high-energy cathode material, Na 1.5 This new material provides an energy density of 600 Wh kg –1 , the highest value among Na-ion cathodes. Large-scale energy storage systems are needed to deal with intermittent electricity production of solar and wind.

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