lithium-ion

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Lithium-ion Battery Packs Touch Historic Low Price of $115/kWh

Lithium-ion (Li-ion) battery pack prices dropped 20% from 2023 to a record low of $115/kWh, the most significant annual decline since 2017, according to BloombergNEF...

December 16, 2024

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Arjun Joshi

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Energy Storage

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Market & Policy
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New Type of Lithium-Ion Battery Could Extend Life of EVs

A new type of lithium-ion battery featuring single-crystal electrodes could extend the lifespan of electric vehicles (EVs) and power grid storage systems, according to a...

December 13, 2024

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Staff

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Energy Storage

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Technology
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Scientists Find Use of Thin Metals Could Improve Energy Storage Capacity

Scientists at the University of Manchester have discovered a breakthrough in understanding the use of lithium-ion storage within the thinnest battery anode, composed of...

September 24, 2024

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Staff

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Energy Storage

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Technology
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Stanford Scientists Advance Liquid Battery for Renewable Energy Storage

Researchers at Stanford University have made progress on an emerging technology that uses liquid organic hydrogen carriers (LOHCs) to essentially create a ‘liquid...

June 20, 2024

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Arshreet Singh

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Energy Storage

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Technology
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Maxvolt Energy Secures $1.5 Million for Li-ion EV Battery Manufacturing

Maxvolt Energy, a manufacturer of lithium battery packs, has raised $1.5 million from angel investors to introduce fast-charging lithium-ion batteries and build...

May 28, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Falling Battery Prices Hurt Stem’s Q1 Revenue, Loss Widens by 61%

Smart energy storage company Stem reported a net loss of $72.3 million for the first quarter of 2024, up 61% from the net loss of $44.8 million last year, as extended...

May 6, 2024

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Arshreet Singh

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Finance and M&A
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Energy Storage Must Expand Six-Fold by 2030 to Enable Renewable Boom: IEA

Energy storage infrastructure needs to expand by at least six times the current capacity if the world wants to triple renewables capacity by 2030 while maintaining...

April 30, 2024

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Arshreet Singh

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Energy Storage

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Market & Policy
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India to Become Third-Largest Market for Utility-Scale Batteries by 2030: IEA

India could become the world’s third largest market for utility-scale batteries, with capacity additions expected to rise to 9 GW by 2030, fuelled by the cost...

April 29, 2024

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Arshreet Singh

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Energy Storage
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Daily News Wrap-Up: Solar Open Access Installations Surge 21% YoY in Q3

India saw a surge in solar open access installations with the addition of 907 MW in the third quarter of 2023, a 36.1% increase over 666 MW in the previous quarter,...

December 8, 2023

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Mercom Staff

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Daily Wrap-up
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Flux Power Narrows Net Loss in Q4 FY23, Reports 44% YoY Improvement

Lithium-ion storage solutions provider Flux Power Holdings’ net loss for the fourth quarter (Q4) of the fiscal year (FY) ended June 30, 2023, was $1.5 million as...

September 27, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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DRX Cathodes Hold Potential for High-Energy-Density Batteries

A consortium of battery scientists, led by Lawrence Berkeley National Laboratory (Berkeley Lab), is working to advance battery technology without reliance on metals like...

September 18, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Ascend Elements Secures $542 Million for Battery Materials Production in US

Ascend Elements, a lithium-ion battery recycling and engineered materials company has raised $542 million in new equity investments. The funding includes $460 million...

September 7, 2023

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Gautamee Hazarika

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Market & Policy

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Other

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Renewable Energy
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Chloride Ion-Based Seawater Green Batteries Can Store Renewable Energy

In a new study on using seawater green batteries to store renewable energy, researchers developed a new chloride ion-based redox chemistry. Xiaowei Teng, the James H....

August 16, 2023

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Gourav Mishra

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Energy Storage

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Technology
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Researchers Develop Method to Boost Storage Capacity of Aluminum-Ion Batteries

A group of researchers from the University of Ulm and the University of Freiburg have developed a positive electrode material made of an organic redox polymer based on...

June 21, 2023

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Gourav Mishra

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Energy Storage

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Technology
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Daily News Wrap-Up: ITI’s Tender for 720,000 Multicrystalline Solar Cells

ITI Limited, a public sector undertaking under the Department of Telecommunications, has floated a tender for the sale of 720,000 five-busbar cut multicrystalline solar...

June 15, 2023

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Mercom Staff

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Daily Wrap-up

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