India is likely to follow in the footsteps of China and mandate the inclusion of battery storage capacity for future wind and solar energy projects.
A trifecta of cutting-edge products debuted at Hithium’s second Eco Day event held in Beijing.
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.
Finnish startup Polar Night Energy is building an industrial-scale thermal energy storage system in southern Finland. The 100-hour, sand-based storage system will use crushed soapstone, a by-product from a fireplace manufacturer, as its storage medium.
The U.S.-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
In what could be Europe’s first, FuturEnergy Ireland has proposed a project that could store energy for up to 100 hours and be operational for 30 years.
Three years after acquiring US-based Cuberg, Swedish battery maker Northvolt has decided to shut down the California unit and move future lithium-metal battery R&D to Sweden.
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