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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers.

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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap , the Department’s first comprehensive energy storage strategy. billion into energy storage research and development—$400 million per year, on average.

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Northvolt & Vattenfall introduce modular energy storage solution to replace diesel generators

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Northvolt and Vattenfall have launched of a new battery energy storage solution, Voltpack Mobile System—a rugged, highly modular lithium-ion battery system envisioned as a zero-emission alternative to replace diesel generators. The hub also serves as an interface for applications, and houses inverter and auxiliary systems.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Octillion Power Systems moves US headquarters to Richmond, Calif.; Li-ion packs for transportation and stationary storage

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Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. —Paul Beach, president of Octillion Power Systems. Among the vehicles powered by Octillion batteries is the Wuling Hongguang Mini EV, currently the best-selling electric vehicle in China.

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