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Electrify America unveils its first application of megawatt-level energy storage

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Electrify America recently unveiled its first application of a megawatt-level battery energy storage system (BESS) for electric vehicle (EV) charging stations, building upon the company’s existing BESS installations at more than 150 stations across the US, including more than 100 installations in California.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. Rimac Energy will produce its pilot systems for selected customers this year with commissioning in 2024. Insights into the technology will be revealed later this year.

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Researchers use quantum computing method to optimize molecular photoswitches for solar energy harvesting

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Molecular photoswitches that can both convert and store energy could be used to make solar energy harvesting more efficient. The procedure was based on a dataset of more than 400,000 molecules, which the researchers screened to find the optimum molecular structure for solar energy storage materials.

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What is energy storage?

Setec Powerr

Growing demand for renewable energy, an aging electrical grid, costly grid infrastructure improvements, and increasing extreme weather events will require increased energy flexibility to help the grid balance intermittent supply with responsive demand. In addition, these systems offer a wide range of benefits to energy users.

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

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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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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. barrel per ton of feedstock.

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Hyundai Home officially launching in 16 states; solar, energy storage and charging

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Hyundai Home gives homeowners in select states an easy way to produce, store, and use their own energy to power their lives at home and on the road. Hyundai has partnered with Electrum to develop a one-stop online marketplace to connect homeowners in select states to solar panels, energy storage systems, EV chargers and local installers.