European Ultracapacitor Manufacturer Skeleton Technologies Raises €41.3 Million
Skeleton Technologies, an Estonia-based manufacturer of ultracapacitor-based energy storage, announced that it raised €41.3 million (~$48.5 million) in a Series D financing round from a group of investors. With this ...
2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3
Global corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors was up 165% in the third quarter of ...
Researchers Develop a Sustainable Redox Flow Battery with Vanillin
Researchers at TU Graz University claimed that they had developed a redox flow battery that utilizes conventional vanillin instead of liquid electrolyte, which could make the battery more environment friendly ...
Researchers Develop a Polymer to Enhance Efficiency of Redox Flow Batteries
Researchers at the Friedrich Schiller University claimed that they have developed a new polymer electrolyte for redox flow batteries that enhances its efficiency and heat-resistance capacity. Redox flow batteries are ...
Large Consumer Electronics Players are Leading Battery Storage Innovations Globally
Asian consumer electronics players and carmakers are driving research and development in the battery and energy storage arena, according to a joint study by the European Patent Office (EPO) and ...
Average Cost of Lithium-ion Battery Cell Likely to Plummet to $100/kWh in 2023: Report
Average lithium-ion (Li-ion) battery cell cost will fall below $100/kWh in the next three years, while improved cheaper technologies and economies of scale will drive it down to $73/kWh by ...
China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study
Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, ...
Hydrogen Harnessed from Ocean Water Can Solve India’s Energy Storage Challenges: Report
The United Kingdom would need 75,000 MW of offshore wind energy to achieve net-zero emission by 2050. Such a sizeable intermittent power generation capacity could be stabilized with hydrogen generated ...
C-MET Seeks Co-funding Partners for Li-ion and Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The ...
These Red Bricks Could Be Turned into Energy Storing Devices
New research conducted by a group of scientists from Washington University in St. Louis, on common red bricks, has revealed the potential of this inexpensive building material to store energy ...
DC-DC Bidirectional Converters Offer an Innovative Energy Storage Option for Solar
The intermittent nature of renewable energy makes it imperative to store energy to maintain an uninterrupted supply of power. KEHUA, one of the leading energy solutions providers, has come up ...
BHEL Issues Tender for Battery Energy Storage Systems at Three Locations in Delhi
Bharat Heavy Electricals Limited (BHEL) has floated a tender for 410 kWh/415 kW of battery energy storage systems (BESS) at three sites in Delhi. The scope of work includes planning, ...
Tender Announced for a Battery Energy Storage System in South Africa’s Western Cape
Eskom Holdings SOC Limited, a South African power utility, has floated a tender for a battery energy storage system (BESS) with a minimum of 80 MW/320 MWh usable capacity at ...
This Machine Learning Algorithm Could Improve Lithium-Ion, Fuel Cell Performance
Researchers at Imperial College London claim to have developed a new machine-learning algorithm that could improve the design and performance of lithium-ion batteries and fuel cells. They claimed that the algorithm would ...
Stanford Researchers Develop New Electrolyte for Lithium Metal Batteries Used in EVs
Researchers at Stanford University have claimed they developed a new electrolyte design that boosts the performance of lithium metal batteries that could increase the driving range of electric vehicles (EVs) ...
IESA Rallies for Inclusion of Energy Storage Policy Framework in Electricity Act
The India Energy Storage Alliance (IESA) has submitted comments and recommendations to the Ministry of Power (MoP) on the proposed draft for Electricity (Amendment) Bill, 2020. It has proposed a ...
Amara Raja and Gridtential Energy to Collaborate on Bipolar Battery Technology
Amara Raja Batteries has entered into an agreement with Gridtential Energy to collaborate on bipolar battery technology. Gridtential Energy is the inventor of the silicon joule bipolar battery technology, which ...
Researchers Announce Cheaper Sodium-ion Battery to Compete with Lithium-ion
Researchers at the Washington State University (WSU) and Pacific Northwest National Laboratory (PNNL) announced that they have created a sodium-ion battery that can be made with widely and cheaply available ...
Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report
The Government of India (GoI) has set a target of achieving 175 GW of renewable power installed capacity by December 2022. However, the capacity value of these variable renewable energy ...
Scientists Demonstrate a Cheaper, More Accessible Redox Flow Batteries
Scientists at the University of Southern California have demonstrated a version of the redox flow type battery using low-cost and readily available materials, according to a recent study published in the Journal ...
New Carbon Nano Structure Made from Diamond Nano Threads for Energy Storage
A group of scientists from the QUT Center for Materials Science in Australia has proposed the design of a new carbon nanostructure made from diamond nano threads (DNT) that could ...
Researchers Develop New Way to Turn Polymers into Battery Components Using Microwaves
Researchers at Purdue University, in collaboration with researchers from the Indian Institute of Technology and Tufts University, have developed a technique to turn polymers into components for batteries using microwave ...
Indian Scientists Come Up with an Improved Pseudocapacitor to Store Electrical Energy
In a novel discovery, scientists at the Institute of Nano Science and Technology (INST) have come up with new material for supercapacitors or pseudocapacitors, which can store electrical energy by ...
ADB to Lend $100 Million for a 125 MW Battery Energy Storage System in Mongolia
The Asian Development Bank (ADB) has approved a $100 million loan to help expand its supply of renewable energy in Mongolia through a 125 MW advanced battery energy storage system ...
