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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system.

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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

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The first energy storage from the BMW-i3 batteries is being built at the 122 MW onshore wind farm “Princess Alexia” near Amsterdam. megawatts (MW), it is Vattenfall’s first large storage project in the Netherlands. This is a so-called storage control unit made of batteries. With a capacity of 3.2 Earlier post.).

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BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

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Electricity generation from variable renewable electricity sources (VRE) such as wind and solar power has grown rapidly and is expected to continue to do so. However, the distributed, non-synchronous, and weather-dependent nature of the resources causes specific challenges when integrating them into power systems.

Grid 191
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources. In the future, 100% of additional purchased electricity will come from verifiable renewable sources, such as wind- and hydropower. The decision also fits with our overall strategy.

Germany 170
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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

Li-ion 191
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Mitsubishi Heavy to Enter Lithium-ion Secondary (Rechargeable) Battery Business

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The company looks to promote lithium-ion secondary battery business through a company-wide initiative and will begin by incorporating the batteries into its various products, such as forklift trucks and wind turbine power generation systems.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion of final investment decisions on offshore wind projects in Europe. billion set in 2011. billion), India ($7.4

2014 150