Smart Energy International

SEPTEMBER 15, 2023

This week’s Smart Energy Finances looks at research from LCP Delta, which finds a 71% decline in UK’s profits for battery storage, compared to the highs of 2021 and 2022. Following a peak in 2021 and 2022, states the company, the battery market has experienced a substantial drop in profits in comparison to the past two years.

Batteries 110

Batteries Energy Energy Investment 110

Charged

MAY 8, 2023

In the past few decades, the widespread adoption of alternative and renewable energy systems and transportation electrification has garnered increased attention, research, and development in the field of batteries. The Bitrode line of products includes cell, module, and pack testers along with battery formation equipment.

Batteries 119

Batteries Automotive Demand Europe 119

Envirotec Magazine

JULY 14, 2023

In the letter, the trade bodies say that by supporting investment in long-duration electricity storage the UK Government can reduce consumer bills, CO 2 emissions and the UK’s reliance on imported gas. “To The Government’s current commitment is to deliver policy to enable investment in PSH at some point in 2024. billion in 2022.

Investment 130

Investment Hydropower Government Electricity 130

Smart Energy International

NOVEMBER 28, 2023

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. Not investing in the grid is like accumulating cholesterol – you find out you are in bad shape.” With plans to spend €35.8

Investment 97

Investment Power grid Europe Demand 97

Greentown Labs

JULY 27, 2022

Energy Dome closed an $11M convertible round to accelerate the commercial development of its CO 2 battery. Revterra raised a $6M Series A for its grid-stabilizing kinetic battery from Greentown partners Equinor and SCF Partners’ venturing arms. Octopus Energy will launch an EV-leasing program and demand-response energy plan.

Startups 98

Startups Plastics Innovation North America 98

Solar Industry

AUGUST 23, 2023

Telyon , a Connecticut-based renewable energy development firm, has finalized a strategic investment that will fuel continued growth and execution capabilities of its current and future pipeline of projects across the country. Most importantly, this investment fosters our collective goal to substantially contribute to a sustainable future.”

Investment 98

Investment Energy Energy Electric vehicle 98

Greentown Labs

DECEMBER 14, 2022

When the history books tell the story of how society took climate action to decarbonize our economy and build a cleaner world for society, 2022 will have a headlining role in that narrative! And we couldn’t be more proud of our 200 members’ hard work and accomplishments throughout 2022. Partnerships + Deployments.

Startups 104

Startups North America Batteries Carbon 104

Smart Energy International

FEBRUARY 22, 2024

Clean energy enterprise TagEnergy has reached financial close on the 49.9MW/99.8MWh Pitkevy facility in Fife, Scotland, its sixth battery energy storage system (BESS) project in the UK. Flexitricity partners as route to market and battery optimiser, while independent renewable energy company RES has been appointed as asset manager.

Construction 64

Construction Batteries Packaging Investment 64

GreenTechMedia

FEBRUARY 11, 2021

Battery plants have established themselves in the sunny Southwest, but this week was the first time they won big in New England. That means that these two battery plants offered a compelling enough price to edge out some fossil fuel plants for delivering power on demand. New England has seen a buildout of smaller batteries.

Batteries 213

Batteries Natural gas Demand Pollution 213

DeSmogBlog

DECEMBER 20, 2023

Alberta Premier Danielle Smith’s recent comments about the use of batteries for renewable energy infrastructure surprised experts, one of whom described the premier’s comments as possibly ideologically motivated misinformation. Power responded, “Batteries.” Much of what she says about batteries is misinformation,” Jacobson told DeSmog.

Batteries 119

Batteries Fossil fuels Demand Energy 119

Smart Energy International

DECEMBER 12, 2023

The InnoEnergy Skills Institute has concluded specialised training courses for over 50,000 students, a milestone they tout towards addressing workforce demands within the battery industry. 50,000 learners completed training courses designed to equip them with essential skills for navigating the battery value chain.

Batteries 59

Batteries Building Energy Monitoring Business Energy Monitoring Europe 59

Charged

OCTOBER 11, 2022

The production of electric and hybrid vehicles demands advanced materials that solve even the most difficult design challenges and perform reliably under harsh automotive conditions. Structural and thermal battery enclosure materials that enable higher energy density and light weighting. Reserve your spot—it’s free!

Energy Monitor 126

Energy Monitor Batteries Innovation Automotive 126

Smart Energy International

NOVEMBER 11, 2023

As the global Lithium-Ion (Li-Ion) battery market is forecast to grow from $57.4 The researcher’s predictions, they state in a release, suggest a sizeable global Li-Ion battery demand increase, skyrocketing from over 700GWh in 2022 to approximately 4.7TWh by 2030. billion in 2023 to $120.65

Batteries 59

Batteries Lithium Electric vehicle Demand 59

Clean Energy Canada

SEPTEMBER 14, 2022

s new electric vehicle tax credit requiring that EVs and their batteries be made in North America, Canada’s EV battery supply chain is in the spotlight. If Canada plays its cards right, a domestic EV battery supply chain could support up to 250,000 jobs by 2030 and add $48 billion to the Canadian economy annually.

Batteries 117

Batteries Electric vehicle North America Investment 117

GreenTechMedia

SEPTEMBER 18, 2020

million grant from the California Energy Commission to demonstrate its long-duration zinc battery for the commercial and industrial market. The batteries precipitate little bits of zinc out of a solution while charging, using a windshield-wiper-like tool to clear the plate and make room for more charging.

Batteries 130

Batteries Fossil fuels Startups Demand 130

GreenTechMedia

JANUARY 24, 2020

NextEra Energy, North America’s leading wind and solar generator, is combing through its base of existing solar facilities with an eye to retroactively adding batteries, as it adopts a more “aggressive” view on the falling cost of energy storage. In Robo’s telling, more such deals may soon be on the way.

Batteries 245

Batteries North America Energy Energy 245

Business Green

JUNE 23, 2022

Latest projections show global energy investment set to rise eight per cent this year, driven by surging investment in clean energy infrastructure. The IEA's World Energy Investment 2022 report, published yesterday, predicts that global energy investment is to increase by eight per cent in 2022 to reach $2.4tr.

Investment 82

Investment Energy Energy Global warming 82

Charged

DECEMBER 23, 2021

For the energy transition to be effective without a huge investment by grid operators and other storage facilities, the way forward is to combine those two trends, and to enable the batteries and cars to be a buffer for renewable energy to balance the system.”. When it’s dark, the EVs’ batteries will discharge energy to the building.

Batteries 134

Batteries Demand Packaging Technology 134

Charged

MAY 30, 2023

million in new funding to prepare for industrial-scale production of its nano-porous silicon anode material for high-energy batteries. The funding consists of €15 million invested by Hydro, Invest-NL and RubioRubio, together with existing impact investors SHIFT Invest and PDENH, and a €5.5 Source: E-magy

Lithium 119

Lithium Batteries Investment Demand 119

Smart Energy International

OCTOBER 24, 2023

The International Energy Agency’s (IEA’s) latest World Energy Outlook (WEO) report finds that, as the world moves towards a more electrified and renewables-based energy system, which will be needed to prevent costs associated with potentially volatile fuel prices, investment in robust, digitalised grid systems will need follow suit.

Investment 97

Investment Fossil fuels Energy Energy 97

GreenTechMedia

OCTOBER 16, 2020

Vermont utility Green Mountain Power not only verified the efficacy of residential batteries for meeting grid needs, it saved its customers millions of dollars with them. It already has not a couple hundred, but 2,567 utility-controlled Powerwall batteries sitting in customer homes, adding up to around 13 megawatts.

Home Energy Monitoring 209

Home Energy Monitoring Batteries Building Energy Monitoring Solar Energy Monitor 209

Mosaic

MARCH 1, 2022

Consumers seek education and clarity around the return on investment (ROI) of a solar energy system and battery storage. Here are a few of the top 2022 trends in solar energy systems, driven by these varying consumer motivations. A key component of that resilience is battery storage. had battery storage.

Home Energy Monitoring 98

Home Energy Monitoring Solar Energy Monitor Energy Monitor Energy 98

GreenTechMedia

JANUARY 18, 2021

Hawaii's largest utility enlisted a new tool in its quest for a carbon-free electricity system: thousands of batteries installed in people's homes. Hawaiian Electric won regulator approval for a $25 million plan to harness solar and batteries at 6,000 homes across the islands of Hawaii, Maui and Oahu. Venice Beach, Calif.-based

Home Energy Monitoring 130

Home Energy Monitoring Solar Energy Monitor Energy Monitor Building Energy Monitoring 130

Smart Energy International

MARCH 28, 2022

billion) investment into EV charging in the UK, which will be unfurled over the next decade. The investment aims to meet the UK’s ever-increasing demand for electric vehicle (EV) charging services. The investment will allow bp pulse to deliver more rapid and ultra-fast chargers in key locations.

Electric vehicle 116

Electric vehicle Investment Electricity Transportation 116

Smart Energy International

MAY 10, 2022

A report from the Green Finance Institute’s Coalition for the Decarbonisation of Road Transport (CDRT) illustrates how the UK can become a global player in electric vehicle (EV) batteries if billions of pounds are invested now to build a battery supply chain. EVs and financing the drive to net zero.

Electric vehicle 52

Electric vehicle Investment Electricity Batteries 52

Greentown Labs

MAY 24, 2022

and Houston, Texas, May 24, 2022 — Decarbonizing supply chains is critical to reducing emissions from the manufacturing sector and beyond. More specifically, Go Make 2022 is interested in solutions across supply chain management; packaging products and materials; alternative foods and ingredients; and green fleets and battery management.

Startups 98

Startups North America Incubators Incubators 98

Charged

MAY 27, 2022

The 66,000-square-foot facility will focus on manufacturing and scaling FreeWire’s Buy America-compliant battery-integrated EV charging equipment. It will be fully operational by fall 2022, and is expected to create some 200 engineering and manufacturing jobs. Source: FreeWire Technologies.

Demand 133

Demand Batteries Technology Construction 133

GreenTechMedia

DECEMBER 16, 2020

New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the years to come. In New York City, the biggest battery is the 4.8

Batteries 130

Batteries Ozone Nuclear Power Hydropower 130

Smart Energy International

JANUARY 18, 2023

million) in funding for V2X and Demand Side Response (DSR) projects. 165,000 ($201,680) to BEVScanV2X, a project led by Agile Charging Ltd to develop technology that could overcome battery degradation by creating a cost-effective tool to monitor and advise best approaches to maximise battery life and financial returns from smart charging.

Energy Monitor 52

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 52

Charged

MAY 16, 2022

FreeWire will use the new capital to support ambitious growth plans as it accelerates commercial deployments of its battery-integrated EV charging technology and increases manufacturing capacity to meet growing demand in markets such as the UK, Canada, Japan, and Australia/New Zealand. FreeWire is also evolving its software platform.

Business Energy Monitoring 128

Business Energy Monitoring Technology Energy Monitor Retail 128

GreenTechMedia

OCTOBER 30, 2020

billion in new wind and solar investments in the next 12 months and is outlining plans for electric vehicle charging, energy storage and green hydrogen production pilot programs to meet its goal to reach net-zero carbon emissions by 2050. billion, five-year capital investment plan from the multistate utility. In Minnesota, Gov.

Carbon 130

Carbon Investment Natural gas Hydrogen 130

Business Green

JANUARY 4, 2023

Electric vehicles (EVs) have once again recorded their highest ever market share in the UK, with one in every three new cars sold in December running solely on battery power, according to New AutoMotive. Delays to the UK's plans to introduce a ZEV mandate risk undermining the case for investment in gigafactories and charging infrastructure.

Electric vehicle 73

Electric vehicle Electricity Automotive Government 73

GreenTechMedia

JUNE 30, 2020

Project construction delays and tightening consumer spending will drive down storage and electric vehicle demand, according to Wood Mackenzie. Falling FTM solar system costs are being primarily driven by module price reduction, partly due to price pressure on manufacturers from demand destruction caused by coronavirus.

Solar Energy Monitor 246

Solar Energy Monitor Home Energy Monitoring Business Energy Monitoring Building Energy Monitoring 246

Renewable Energy World

OCTOBER 25, 2021

Renewable energy asset developer Ameresco will supply Southern California Edison with three battery energy storage systems totaling 537 MW/2 GWh to provide resiliency to the grid. SCE sees a growing role for battery storage as we transition to delivering 100% clean renewable energy to customers,” SCE President and CEO Kevin Payne said. "SCE

Batteries 82

Batteries Lithium Recycling Recycling 82

Climate Tech VC

JANUARY 5, 2024

We've been meticulously tracking climate tech investment, deal by deal, since the term ‘climate tech’ emerged. In 2023, a challenging macro environment marked by higher interest rates and a cautious private investment market raised the hurdles for deployment.

Building Energy Monitoring 144

Building Energy Monitoring Energy Monitor Business Energy Monitoring Solar Energy Monitor 144

Charged

DECEMBER 16, 2022

FreeWire’s Boost Charger uses an integrated battery as a buffer to deliver high power output from an existing low-voltage utility service. What’s the only sector of the S&P 500 that overperformed in 2022? For the oil leviathans, investing a few of their billions in EV charging is the only logical thing to do.

Investment 143

Investment Technology Retail Innovation 143

Charged

FEBRUARY 24, 2020

Chemical company BASF announced a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment in Europe’s EV value chain. The new plant will produce cathode active materials with an initial capacity enabling the supply of around 400,000 pure EVs per year with BASF battery materials.

Batteries 104

Batteries Asia Startups Europe 104