article thumbnail

LiNa Energy successfully demonstrates Na-ion technology for battery energy storage systems

Green Car Congress

Solid-state sodium-ion battery company LiNa Energy ( earlier post ) successfully completed an independent demonstration of its lithium-free sodium batteries for energy storage systems with commercial partner ion Ventures.

article thumbnail

BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

article thumbnail

Tesla secures battery supply for EV and energy storage products

Teslarati

He also provided some key insights about the company’s battery supply, both for its electric vehicle business and its energy division. These two are battery supply and technology, as well as the manufacturing cost of electric vehicles. . Viecha highlighted that the industry would only grow as fast as its battery supply.

article thumbnail

Northvolt & Vattenfall introduce modular energy storage solution to replace diesel generators

Green Car Congress

Northvolt and Vattenfall have launched of a new battery energy storage solution, Voltpack Mobile System—a rugged, highly modular lithium-ion battery system envisioned as a zero-emission alternative to replace diesel generators. —Torbjörn Johansson, head of Vattenfall Network Solutions Sweden.

article thumbnail

DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

Parts 459
article thumbnail

BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

Green Car Congress

The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

article thumbnail

Infrared Thermography for Energy Storage Safety

Setec Powerr

Energy storage systems are becoming increasingly important as a means of supporting renewable energy sources such as wind and solar power. As these sources are intermittent, energy storage is necessary to smooth out fluctuations in energy supply.