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January 21, 2021
Published: 21 Jan 2021, 12:35 By: Vanadium flakes at a Largo Resources facility. Image: Largo Resources. Vertically-integrated vanadium mining, production and supply company Largo Resources wants to launch its own vanadium redox flow battery (VRFB) onto the market within a year-and-a-half, predicting that the technology will play a “critical role” in addressing significant demand for energy storage. Largo Resources formed a subsidiary, Largo Clean Energy, which was formally la...
January 20, 2021
By: Deputy Editor It’s been a dramatic start to 2021 for Britain’s electricity system, with record high prices recorded in both the nations day ahead market and its Balancing Mechanism. As low winds and cold temperatures began to tighten capacity on the grid, National Grid ESO - Britains system operator - issued a number of Electricity Margin Notices (EMN). There have been six this winter already, a number not seen since 2008. Following each of the most recent EMNs there has been a drama...
January 20, 2021
Published: 20 Jan 2021, 13:37 By: Andy Colthorpe UK-based energy storage system integrator and project developer Zenobe Energy was the third biggest recipient of VC funding in the battery storage sector during 2020 overall, according to Mercom. Image: Zenobe Energy. The amount of corporate funding coming into the global battery storage industry in 2020 was more than double the amount the previous year, with over US$6.5 billion raised last year compared to around US$2.8 billion in ...
January 20, 2021
Published: 20 Jan 2021, 04:56 By: Andy Colthorpe McKinsey also said that the COVID-19 pandemics impact on long-term power growth demand will be limited. Image: Solarcentury. Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company. Bram Smeets, an associate partner at the prominent management consultancy group told...
January 20, 2021
Published: 20 Jan 2021, 06:42 By: Some of Green Investment Groups selected year-in-review highlights of 2020. Image: GIG via Twitter. The Green Investment Group (GIG), a company owned by financial services group Macquarie, is investing an unspecified sum into esVolta, a US-headquartered developer and owner of utility-scale energy storage projects. esVolta has 600MWh+ of contracted energy storage projects in California, including the 75MW / 300MWh Hummingbird Energy Storage projec...
January 19, 2021
The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry
January 18, 2021
The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry
January 18, 2021
The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry
January 18, 2021
Published: 18 Jan 2021, 09:18 By: Alice Grundy The UK gigafactory is to be built in Northumberland, with Britishvolt helming the project. Image: Britishvolt Siemens has partnered with the company behind what is to be the UK’s first lithium-ion battery gigafactory, providing it with its Digital Enterprise Technology. Britishvolt will have access to Siemens’ electrification solutions, automation and Digital Twin manufacturing execution technology, with this system giving the co...
January 18, 2021
The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry