China’s REPT Battero to build battery factory in Indonesia
China’s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.
Greece launches C&I battery storage subsidy program
The Greek Ministry of Environment and Energy’s Storage Systems in Businesses program opened this week for the submission of applications, with a budget of EUR 153.7 million ($157.7 million).
Where will lithium-ion battery prices go in 2025?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.
Japan keeps lead in solid-state battery development
While China, South Korea, Europe, and the United States are also engaged in active development of all solid-state batteries, Japan is leading the charge, offering generous subsidies to technology proponents.
Pumping underground water in the desert with PV, wind
Scientists have designed a system that combines solar panels, wind turbines, and battery storage to operate water pumping systems in Jordan. They simulated it under several scenarios in search of the optimal size.
Making Greece’s islands energy self sufficient
Greece is pursuing an ambitious island energy transition program. pv magazine visited the island of Tilos for a firsthand account of how one community has blazed a trail in the energy transition.
Stationary storage installations surge to 170 GWh in 2024
With expanding market opportunities and declining costs, stationary battery energy storage installations are surging. Battery makers are awake to the opportunity, says BloombergNEF, as stationary batteries account for an increasing amount of deployed capacity.
Self-powering greenhouse based on PV, BESS, hydrogen
Scientists have designed a greenhouse system that involves a battery energy storage system, hydrogen production and storage, as well as a semi-transparent PV array. The system was optimized for maximal net present value and minimal dependency on the grid.
Australia’s batteries surf revenue wave on back of volatile power prices
Investments in battery storage within Australia’s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by Wood Mackenzie. Going forward, four-hour storage systems are projected to have fastest return on investment.
BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
