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Reliance buys Na-ion battery developer Faradion

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Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited ( earlier post ) for an enterprise value of £100 million (US$135 million). Sodium is the sixth-most abundant element on the planet.

Sodium 199
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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013. Click to enlarge. Barnhart and Sally M.

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Pike Research forecasts energy storage systems for ancillary grid services to surpass $3.2B by 2021

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While long-duration energy storage systems (ESS) for renewables integration and peak load shifting have been a topic of much discussion within the power industry, a variety of short-duration applications for energy storage are also a critical factor in the development of the sector. billion by 2021. Click to enlarge.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. So what exactly is energy storage? Mechanical storage.

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Aqua Metals is building a more sustainable battery recycling ecosystem

Charged EVs

In contrast, lead-acid batteries have a 99% recycling rate in the US. Aqua Metals has pioneered a new electro-hydrometallurgy process that uses renewable electricity and recycles the chemicals used. We take that black mass as the input to our process, which is then powered by 100% renewable, carbon-free energy.

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NYSERDA Commits $8M to Develop and Commercialize 19 New York Battery and Energy-Storage Technology Projects

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The awards are being made to companies and universities across New York that are involved in advanced research and development of energy storage applications that could benefit transportation, utility Smart Grid applications, renewable energy technologies, and other industries. Murray, Jr., Grantee Project NYSERDA Funding.

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Aqua Metals is building a more sustainable battery recycling ecosystem – Charged EVs

Baua Electric

In contrast, lead-acid batteries have a 99% recycling rate in the US. Aqua Metals has pioneered a new electro-hydrometallurgy process that uses renewable electricity and recycles the chemicals used. We take that black mass as the input to our process, which is then powered by 100% renewable, carbon-free energy.