Marija Maisch
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
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.
Inlyte reports zero loss over 700 cycles for its iron-sodium battery tech
The startup is targeting commercial demonstration projects in 2025 and large-scale U.S. manufacturing by early 2027.
BVES Investor Summit: ‘Making money with BESS is easier than ever’
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
New sodium-ion developments from CATL, BYD, Huawei
Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.
Air Energy launches to bring solid-state lithium-air batteries closer to commercialization
While some may call it a fairytale chemistry, solid-state lithium-air battery (SS-LAB) technology is now a step closer to commercial reality with the foundation of Air Energy. The startup has set out to scale the application of this promising technology over the next five years.
World’s largest second-life battery storage project joins Texas grid
In what appears to be the world’s largest project of the kind, Element Energy’s 53 MWh storage project – consisting of repurposed EV batteries – is now operating in West Central Texas.
Torus unveils flywheel, battery energy storage, AI-driven cybersecurity solutions
The Utah-based flywheel specialist and energy management company has recently unveiled its full-stack suite of commercial energy storage, management, and security products.
Subsea pumped storage tech secures funding from U.S., German governments
A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology.
Solid-state batteries enter pilot production, costs expected to drastically drop
The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027. The rapid expansion will lead to cell price declines, reaching CNY 0.6-0.7/Wh ($0,084-$0,098) level by 2035.
