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Energy Storage

Energy storage installations to grow 122-fold by 2040; India among top 3

The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.

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Megapack marks Tesla’s new play for utility scale storage market

The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.

India’s renewable power generation cost the lowest in Asia Pacific

The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.

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The long read: Battery recycling is possible

A gloomy atmosphere currently hangs over the lithium-ion supply chain. Stationary battery storage equipment and electromobility offer tremendous opportunities. Yet many experts have concerns about the raw material supply and recycling situation. Christian Hagelüken, the Director of EU government affairs at Umicore, a major recycler and supplier of cobalt, explains his view of the situation.

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Lead-acid battery market primed for growth with EVs?

“Lead-acid batteries are comparatively cheaper than other battery types such as Ni-MH and Li-ion. Moreover, these have the highest recyclability percentage of any product, and are therefore likely to find more takers owing to their reduced cost of production,” according to industry participants at the International Lead Conference held in Spain.

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CEL invites EoI for battery energy storage system projects

Government-owned Central Electronics Limited has invited Expression of Interest for executing battery energy storage system projects on turnkey basis in India. The deadline for submission is July 31, 2019.

FAME II: Proposals invited for deployment of 1000 EV charging stations

The charging stations should preferably be connected with grid-connected solar power plants of required capacity as per MNRE guidelines. The deadline for submission of the proposals is August 20.

Vakrangee to set up EV charging infrastructure across India

The Mumbai-headquartered rural banking services provider will set up the electric vehicle charging infrastructure across its huge network of Nextgen outlets, which it plans to increase from current 3504 to 300,000 by FY 2024-25.

Lithium-ion recycling rates far higher than some statistics suggest

While it is often stated only 5% of lithium-ion batteries are recycled, a review of research into the second life and recycling of lithium-ion batteries suggests that is a gross understatement. A new study found almost 100,000 tons of waste batteries were recycled last year – about half of what reached end-of-life.

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The long read: The dawn of megastorage

Plummeting costs, industry maturity, and the ever-increasing penetration of global renewables are expanding the use cases for battery storage technology. Over the past year and a half, storage projects are increasing significantly in both scope and capacity.

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