Northvolt gets cash boost to expand capacity of Swedish gigafactory to 60 GWh
The battery manufacturer is planning to raise $2.75 billion through a private placement and to use the funds to expand the capacity of its lithium-ion battery manufacturing site which is currently under construction in Sweden, from 40 GWh to 60 GWh.
Energy storage deployments slowed in the US in Q1, but the sector is on track for 3x growth in 2021, report says
Favorable federal tax policies and state regulatory reform could help the storage sector notch even higher rates of growth.
Scatec secures 150 MW of South African tender as part of solar-plus-storage project
The Norwegian renewables business said the PPA-linked generation capacity is part of a wider, $1 billion complex which will feature 540 MW of solar project capacity and 225 MW/1.14 GWh of battery storage.
Europe’s largest shipbuilder wants to set up 2 GWh lithium-ion battery production
Italy’s Fincantieri has joined forces with Faist Group to produce lithium-ion batteries. Through the joint venture Power4Future, the two companies want to reach a production capacity of 2 GWh over the next five years.
Australian power outage sparks calls for big batteries
Queensland’s worst power outage in decades has triggered calls for the introduction of more utility-scale batteries to provide security for the Australian state’s electricity network.
Panasonic combines hydrogen fuel cell generators with PV and storage
The pilot project is combining hydrogen fuel cell generators with a combined capacity of 500 kW with a 570 kW solar array and 1.1 MWh of lithium-ion batteries. It is planned to come online in the spring of 2022.
Eastern Australia to host 100 MW / 200 MWh big battery
Murrumbidgee Shire in the New South Wales’ Riverina region is set for a big battery and big flexibility after Edify and Shell Energy came together on a deal that will see the realisation of the Riverina Energy Storage System.
Pairing a battery with solar could cut its overall value, Berkeley Lab report says
Separating generation from storage usually delivers higher value, but it may also deliver higher costs, the report said.
Germany may install 150,000 residential batteries this year
German market research company EUDP Research expects 85% of the new storage systems will be used in new PV systems and 15% in existing installations.
Concrete battery for applications in buildings, rooftop PV
A prototype of a cement-based battery has been developed in Sweden for potential applications in buildings. Its creators claim it could become a solution to store electricity from rooftop PV and they do not exclude that it could also be used for the storage of large-scale renewables.
