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First commercial-scale sand battery goes online in Finland

Smart Energy International

The first commercial-scale solution for sand battery energy storage has been built as part of Vatajankoski Oy’s district heating network. It is touted by Fingrid as the world’s first sand battery built for commercial use, and is involved in the Finnish TSO’s balancing power market. Sand battery tech. World first.

Batteries 132
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India emerges as global Li-Ion battery market leader

Smart Energy International

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

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Con Edison Contracts Its Biggest Battery to Date in New York City

GreenTechMedia

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

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Research: $1.3tr global circular economy investment 'far below' what is needed

Business Green

That is the conclusion of a major new study today from Chatham House and research specialists Just Economics, which they claim offers the first estimate of its kind of the scale of global investment going towards circular economy initiatives such as recycling infrastructure, repair services, and more sustainable and efficient product design.

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Minnesota utility co-op sees big battery as piece of grid reliability puzzle

Renewable Energy World

The utility cooperative partnering with Form Energy on its first “iron air” battery project sees the long-duration energy storage technology as a potential buffer for its grid during extreme cold snaps like 2019’s polar vortex. Wind speeds tend to decrease during extremely cold temperatures. Form Energy’s “iron air” battery.

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Rising battery storage costs: A long-term trend or short term blip?

Business Green

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins in the face of challenging economic headwinds and soaring energy costs worldwide. link] pic.twitter.com/C55UHprYIv.

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Leading companies are using IRA tax credits for clean manufacturing and technology. Are you?

EDF + Business

renewables manufacturers and for businesses that invest in energy efficiency and emissions reductions in industrial facilities. Second, the Advanced Energy Project Credit (§48C) incentivizes investments in clean energy manufacturing by providing businesses with a tax credit of up to 30 percent. announced plans to invest up to $1.2