Marija Maisch
Sumitomo Electric launches vanadium redox flow battery with 30-year lifespa
Sumitomo Electric’s new system comes in three versions, providing up to 10 hours of storage. It achieves improvements in output and energy density, through component enhancements, thereby reducing cost and physical footprint.
Gotion launches 7 MWh BESS container, 650 Ah cell
The Chinese manufacturer has joined the energy density race with the release of its latest utility-scale battery energy storage system and high-capacity cells.
Fluence launches highly-modular 7.5 MWh AC-based BESS platform
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
Philippines’ green energy auction heavily oversubscribed with nearly 7 GW of pumped hydro bids
The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
Japan keeps lead in solid-state battery development
While China, South Korea, Europe, and the United States are also engaged in active development of all solid-state batteries, Japan is leading the charge, offering generous subsidies to technology proponents.
Where will lithium-ion battery prices go in 2025?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
India to mandate energy storage for solar, wind projects
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.
Hithium unveiles 6.25 MWh BESS, sodium-ion battery cell, installation-free home microgrid
A trifecta of cutting-edge products debuted at Hithium’s second Eco Day event held in Beijing.
BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh
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.
