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

Green Car Congress

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

Green Car Congress

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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Lux predicts energy storage market will hit $546B by 2035

Green Car Congress

The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Medium- and heavy-duty vehicles come in next, growing from $600 million a year in 2019 to a projected $3.6 Stationary storage is expected to grow to $111.8 billion revenue in 2019.

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Tesla Megapacks power on at Scotland battery energy storage site

Teslarati

A Tesla Megapack-based battery energy storage system (BESS) has gone live in Scotland, in partnership with TagEnergy and Harmony Energy. Credit: TagEnergy “Battery energy storage systems are vital for unlocking the full potential of renewable energy in the UK,” said Peter Kavanagh, Harmony Energy CEO.

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GM Defense to prototype energy storage system for DoD leveraging Ultium platform

Green Car Congress

GM Defense, a subsidiary of General Motors, was selected by the Department of Defense’s (DoD) Defense Innovation Unit (DIU) to prototype an energy storage unit. Rendering of GM Defense’s energy storage solution.

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Tesla’s EV growth might be gone, but energy storage is still surging

Electrek

Seemingly to counter disastrous Q1 2024 EV delivery results, Tesla decided to release energy storage deployment early. Tesla’s growth in its electric vehicle business might be on pause right now, but its energy storage business is still surging.

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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers.