Form Energy claims its aqueous air battery provides 150-hour duration storage
The holy grail of energy storage has always been low-cost and long-duration. Form Energy intends on deploying a 1 MW/150 MWh system with a Minnesota utility before 2023, an unprecedented energy storage duration if successful.
SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
Morning Brief: PG&E customers ready to ride out fire season with batteries, are EVs holding back stationary energy storage systems?
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
Morning Brief: New Zealand invests in flow batteries, ‘NextGrid’ goes off the rails
Also in the brief: Tesla’s Q Con virtual power plant presentation, the University of Arkansas’ solar design contest, M&A during the pandemic, dodecahedrons and more
Battery startup FreeWire raises $25 million in funding
The funding was led by an existing investor of FreeWire, BP, and will allow the company to commercialize its upcoming Boost EV Charger, as well as expand operations across the United States and into Europe.
Top global Li-ion battery projects: Tesla grows lead as Hornsdale expands to 150 MW
The world’s biggest battery is now rated at 150 MW/193.5 MWh and dwarfs any lithium-ion battery system in operation worldwide.
On the road to high-value recycling, storage is ahead of solar
Solar lags, at least in part, because the major components of panels — glass and silicon — while highly recyclable, are not as valuable as the lithium, cobalt and nickel in batteries.
US behind-the-meter storage forecast drops 31% over Corona concerns
Wood Mackenzie has dropped the 2020 outlook down to 430 MW, still a more than 100% increase over 2019, amid concerns over the role of sales and commissioning and interconnection in a period of shelter-in-place ordinances.
Panasonic suspending work at Tesla Nevada factory as California and New York gigafactories shut down
Tesla’s Nevada operation is still open for business. The EV and battery maker assures the market that its cash position is strong enough to weather an “extended period of uncertainty.”
Analyst expects recovery for PV and storage supply chains
Analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
