Tesla has received a giant order from U.S. developer Intersect Power, equating to around 165% of the total battery energy storage systems it deployed in Q2 2024, which saw the highest quarterly deployment in the company’s history to date.
Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
The first phase of Datang Group’s 100 MW/200 MWh sodium-ion energy storage project in Qianjiang, Hubei Province, was connected to the grid.
Chinese battery manufacturer CATL is expanding its presence in the Middle East and Europe via a 4 GWh long-term supply agreement with Israeli integrator BLEnergy.
At least 22 people, most of them foreign nationals, were killed in a massive fire at a South Korean factory that manufactures non-rechargeable lithium batteries in Hwaseong city, just south of Seoul. The cause of the blaze is still being investigated.
While most long-duration energy storage (LDES) technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations, finds BloombergNEF.
Researchers at the University of South Carolina have successfully transitioned their highly-durable lithium-sulfur battery technology from coin to pouch cells and reported competent energy densities.
The International Energy Agency (IEA) has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have identified a high-energy, high-power hybrid sodium-ion battery capable of charging in just a few seconds. The system integrates anode materials typically used in batteries with cathodes suitable for supercapacitors.