According to Allan Schurr, Micro Grids will be common in our day to day lives, as well as in industrial environments. The 3 key drivers for this are decarbonization, the need for more electricity and climate change. Decentralization of the grid infrastructure will make us all less dependent on older (expensive) transmission infrastructure. Energy Storage...Continue Reading
Ireland has known a rapidly growing energy storage market with today more then 2.5 GW projects in the pipeline. Transitioning to renewable energy puts Ireland 40% on target, yet it will need energy storage to ensure grid stability. Source : Energy Storage News https://www.energy-storage.news/blogs/video-irelands-energy-storage-market-needs-in-focusContinue Reading
Poland adopted legislation that allows it to use Energy Storage on its national grid. The new law decreases significantly the fee to be paid by Energy Storage owners to connect to the grid. Poland believes this will lead to more development/capacity in the energy storage market industry. Source : Energy Storage News https://www.energy-storage.news/news/poland-adapts-energy-policy-to-give-green-light-to-development-of-energy-stContinue Reading
Siemens Energy is using world’s largest flywheel in an effort to stabilize the grid in Ireland, which is integrating more and more renewable Wind Power. It will be the first system of its kind and cope with the excess power of the turbines or increase at times there is a shortage. Source: SiemensContinue Reading
The ETF from EnCap is locking in USD 1.2 Billion to invest massively into renewable energy with battery storage being on top of the list of industries to invest in. Source : Encap Investments https://www.encapinvestments.com/news/encap-investments-lp-closes-energy-transition-fundContinue Reading
At earth, day 22 April 2021, we want to reaffirm our commitment to bringing products that are sustainable. We don’t use rare metals, our storage solutions have a 20+year lifecycle, are easy to recycle & have a minimal CO2 impact. This is our contribution to cleaner energy storage and a better world.Continue Reading
Europe’s Green Deal urges more and more individuals and enterprises to store and use their own produced renewable energy. This reduces costs for the owners as well as the grid operators. Europe is well on track to see a massive growth in energy storage solutions, both on and off-grid. Source : Energy StorageContinue Reading
Lithium. China is among the five top countries with the most lithium resources and it has been buying stakes in mining operations in Australia and South America where most of the world’s lithium reserves are found. China’s Tianqi Lithium owns 51 percent of the world’s largest lithium reserve in Australia, giving it a controlling interest. In 2018, the company became the second-largest shareholder in Sociedad Química y Minera—the largest...Continue Reading
Processing of Lithium Ore The lithium extraction process uses a lot of water—approximately 500,000 gallons (1,9million liter) per metric ton of lithium. To extract lithium, miners drill a hole in salt flats and pump salty, mineral-rich brine to the surface. After several months the water evaporates, leaving a mixture of manganese, potassium, borax and lithium salts which...Continue Reading
Europe is well on track to compete for the role of battery leader of the world. European investment in the battery ecosystem peaked at 60bn Euro, which is 3 times higher then China’s. With full support of the European commission and its institutions, the energy storage industry in Europe will easily become a multi-billion dollar...Continue Reading
