Tag: energy storage news
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Redwood Raises $350 Million to Expand Battery Storage Focus
US battery recycler Redwood Materials has completed a $350 million Series E round led by Eclipse Ventures and joined by NVentures, shifting its strategy toward large-scale second-life energy storage. Energy Storage News
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A New Solid-State Battery Could Take Your EV an Astounding 800 Miles on a Single Charge
Chery has unveiled a solid-state battery with 600 Wh/kg density, capable of powering EVs up to 800 miles. Commercial use is expected by 2027. Energy Storage News.
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Ireland targets 201 MW long-duration storage by 2030
EirGrid plans to deploy four-hour battery systems with 75% efficiency to boost grid reliability and support renewable expansion, targeting 201 MW by 2030.
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Rwanda launches $16 billion solar expansion plan
Rwanda plans to add about 1,500 MW of solar (plus battery storage) capacity by 2050 under its 2024-2050 power plan, backed by a roughly US $16 billion investment
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Battery Firms Rush Into Energy Storage Boom
Battery manufacturers are aggressively expanding into the energy storage sector, chasing growing demand driven by renewables and grid stability needs.
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AI Boosts Life and Performance of Graphite/LFP Batteries
Researchers developed machine learning models that predict degradation and optimize performance in graphite/LFP batteries, aiming to improve both lifespan and efficiency in energy storage systems.
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Hidroelectrica Boosts Hydropower with New Battery Systems
Romania’s state-owned Hidroelectrica will install battery storage at its hydropower plants to store excess energy and stabilize the grid during peak demand.
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North Macedonia Sees Surge in Battery Project Submissions
North Macedonia has drawn 4.2 GW worth of battery storage project proposals as investors target the country’s fast-growing renewable energy market.
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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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Energy Storage Exists, And It’s An Earthshot Prize Finalist
the US energy storage market is still holding firm, despite the fantasy of a battery-free world articulated by some high ranking federal officials. The US-based global consulting firm Coherent Market Insights, for example, has just issued a new report under the title “U.S. Advanced Energy Storage Market Set to See Incredible Growth 2025–2032.”