Tag: Battery News
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New Cooling System Improves Battery Efficiency
Castrol and Lion Smart have partnered to develop a battery module that aims to enhance energy recuperation, reduce system costs, and support faster charging in next-generation EVs and storage systems.
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ARENA backs Aussie start-up with A$25 m for “inverter-free” battery system
The Australian Renewable Energy Agency has committed $25 million to Melbourne-based Electrify to deploy its novel AC1 battery energy storage system, which generates AC power directly from cells without a separate inverter, promising a 20% higher energy output and lower costs.
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Amsterdam powers up city’s largest battery storage project
Description: GIGA Storage has launched the Giraffe battery system in the Western Port area to improve grid stability and support the city’s growing use of renewable energy.
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Challenges of turning EV batteries into second-life storage
Industry experts say that repurposing EV batteries for stationary storage faces barriers in safety, cost, performance uncertainty, and data access, especially given the falling prices of new batteries.
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Vietnam Advances Ambitious Battery Storage Plans
Vietnam has set targets of 10,000–16,300 MW of battery storage by 2030 under its revised power plan, while formalizing BESS in law and working on tariffs, licensing, and incentives to scale from pilot projects to commercial deployment.