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'Europe to be world's biggest lithium-ion battery cell maker after China by 2025' - Vimarsana News

'Europe to be world's biggest lithium-ion battery cell maker after China by 2025'

Published: 15 Mar 2021, 10:50 By: Maroš Šefčovič (left), has long championed the European battery sector. Image: Maroš Šefčovič via LinkedIn. Europe is on course to become the world’s second-largest lithium-ion battery cell producing region by 2025, although some key challenges need to be addressed, a European Commission vice-president has said. Following a high-level ministerial meeting of the European Battery Alliance (EBA) — the continent’s multinational drive to support a massive domestic production base and supply chain — Maroš Šefčovič, the EC’s vice ...

Texas' grid to get 200MW of battery storage from Wärtsilä - Vimarsana News

Texas' grid to get 200MW of battery storage from Wärtsilä

Published: 15 Mar 2021, 12:57 By: Andy Colthorpe Render of a large-scale energy storage project of the type Wärtsilä will deliver for Able Grid and its customer, a power producer. Wärtsilä built Texas Waves, one of the state's first grid-scale storage projects, completed in early 2018. Image: Wärtsilä Corporation. Two standalone battery energy storage systems (BESS) totalling 200MW of output will be deployed in Texas’ ERCOT market by the energy division at Wärtsilä Corporation. Finland-headquartered marine and power systems technology manufacturer, which has become one...

LG targets more than 110GWh of total battery production capacity in US - Vimarsana News

LG targets more than 110GWh of total battery production capacity in US

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

'Create market mechanism for long-duration energy storage,' says UK renewables industry group - Vimarsana News

'Create market mechanism for long-duration energy storage,' says UK renewables industry group

Published: 12 Mar 2021, 05:46 By: Molly Lempriere Gravitricity engineering project manager Frances Tierney, with senior mechanical engineer Steven Kirk by the tower. Image: Gravitricity. A new market mechanism for longer-duration storage should be created according to the UK’s Association for Renewable Energy and Clean Technology (REA). In a new report, the trade association — formerly known as the Renewable Energy Association — looked into the need for longer-duration storage and the current challenges facing the technology, with a focus on storage with a duration of up to...

Nexamp gets US$440m debt financing for community solar and battery storage portfolio - Vimarsana News

Nexamp gets US$440m debt financing for community solar and battery storage portfolio

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry