The company behind what looks set to be Norway’s first gigawatt-scale manufacturing facility for lithium-ion battery cells has secured pre-construction financing of NOK130 million (US$13.85 million) which it said will “enable rapid development” of the plant.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
Tesla’s just-released sustainability report for 2019 asserts the belief that “the notion that a sustainable future is not economically feasible is no longer valid”.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
A survey of over 2,000 “senior business leaders” in G20 countries has found that electric vehicles and battery storage are the most popular assets to invest in among non-power generation technologies in the energy sector.
The Energy Storage Digital Series, an online-only conference and webinar series, produced and hosted by the events division of our publisher Solar Media kicked off yesterday. Here are some highlights and key quotes from opening panel discussion: ‘Predicting the energy storage tech of the future’.
South Korean lithium-ion battery manufacturer SK Innovation will begin construction on the second of two manufacturing plants in the US state of Georgia this summer, with the first already under construction.
Energy solutions company Alfen has seen its quarterly revenue climb across all three of its business lines, with its energy storage arm seeing revenues increase by 144% against the first quarter of 2019.
