Norwegian Mfr FREYR Bags Off-take Deal to Deliver 31GWh Battery Cells in 5 Yrs Updated On Mon, Dec 20th, 2021 by Saurenergy Norwegian clean energy storage developer FREYR Battery has executed its inaugural off-take agreement for at least 31 GWh of low-carbon battery cells with an undisclosed manufacturer and provider of energy storage systems (ESS), said an official statement recently. The two companies have agreed to jointly develop innovative technology solutions for the fast-growing global ESS market […] Read more
MIT Scientists Devise Semisolid Flow Battery for Wind, Solar Pwr Storage Updated On Tue, Dec 7th, 2021 by Saurenergy For batteries made from an electrically conductive mixture, the consistency of molasses could help solve a critical piece of the decarbonization puzzle. MIT researchers have developed a semisolid flow battery that might be able to outperform lithium-ion and vanadium redox flow batteries. The semisolid flow battery can be a cost-competitive form of energy storage and […] Read more
Li-ion Battery Pack Prices to Fall Below $100/kWh by 2024: BNEF Updated On Mon, Dec 6th, 2021 by Saurenergy Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, finds a new report from BloombergNEF (BNEF). This is a 6% drop from $140/kWh in 2020. By 2024, average pack prices should be below $100/kWh, predicts the report. BNEF’s 2021 Battery Price Survey explains […] Read more
Powin Announces New Centipede Battery Energy Storage System Updated On Tue, Nov 30th, 2021 by Saurenergy Powin LLC, which designs and manufactures ‘safe and scalable’ battery energy storage solutions, announced its new Centipede battery energy storage platform. Centipede is the company’s first fully modular design, complete with pre-integrated segments containing batteries, thermal management equipment, and essential safety systems. Compared to previous generations of Powin’s Stack™ products and smart enclosures, Centipede claims […] Read more
Honeywell Debuts Flow Battery For Formal Testing, 12 Hours Power Discharge Promised Updated On Wed, Oct 27th, 2021 by Saurenergy US-based multinational Honeywell has announced the development of a new flow battery for providing long duration power of up to 12 hours. The firm says the technology will be first tested by US utility major Duke Energy in a 400kWh system configuration in 2022, before being scaled upto a 60MWh pilot project by 2023. The […] Read more
The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
BASF Turns on 5.8MWh NAS Battery System in Belgium Updated On Tue, Oct 5th, 2021 by Saurenergy German chemicals company BASF’s subsidiary BNB has installed and switched on an energy storage system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. NAS batteries are sodium-sulfur batteries with high energy content that are designed for stationary electricity storage. With this long-term project, […] Read more
Jakson Group Launches New Battery Energy Storage System Updated On Wed, Sep 22nd, 2021 by Saurenergy Jakson Group, a Noida-based energy and infrastructure company, has launched EnerPack, a new battery energy storage system (BESS), to help mitigate climate change and facilitate unhindered supply of green power. This product provides carbon-free clean power and enables uninterrupted silent power supply while significantly reducing costs, said the company. Equipped with a hybrid inverter, lithium-ion […] Read more
Battery Maker EnerVenue Raises $100 M in Series A Funding Updated On Thu, Sep 16th, 2021 by Saurenergy US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […] Read more