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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.

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We Don’t Need Nickel From Russia

CleanTechnica EVs

We don’t need nickel from Russia. There is a critical need for nickel and other EV battery metals worldwide, but we don’t need to get it from Russia. In March 2022, Morgan Stanley’s Adam Jonas shared worries about Russia’s outsized role in the nickel supply chain for EVs.

Russia 137
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Ener1 signs strategic energy storage agreement with Russian National Grid Operator

Green Car Congress

has signed a strategic cooperation deal with a division of the Russian Federal Grid Company (FGC) to co-develop storage systems under a nation-wide grid modernization program. An equipment-supply, business and technical consulting contract has been signed for $40 million. Li-ion battery manufacturer Ener1, Inc.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

China 416
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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Critical has executed a 10-year slag supply agreement with Scandinavian steel giant SSAB to access approximately 2Mt of stockpiled high-grade vanadium-bearing Slag from three operating steel mills. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia.

Europe 243
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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

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Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. Under the terms of the investment agreement, Kolpachev will join Nesscap’s board of directors.

Russia 186
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Ener1 and Russias JSC Mobile GTES sign 5-year framework agreement on manufacture of Li-ion UPS systems for smart grid

Green Car Congress

and Russia’s JSC Mobile GTES (MGTES), a whole-owned subsidiary of the Federal Grid Company (FGC) of Unified Energy System, have signed a strategic framework agreement to contemplate the manufacture of lithium-ion-based uninterruptible power supply (UPS) systems as part of a five-year engineering and framework agreement.

Russia 186