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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. Dabek, P.B.,

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LiNa Energy successfully demonstrates Na-ion technology for battery energy storage systems

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Solid-state sodium-ion battery company LiNa Energy ( earlier post ) successfully completed an independent demonstration of its lithium-free sodium batteries for energy storage systems with commercial partner ion Ventures.

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Tesla’s energy storage business is booming, but solar is gone

Electrek

Tesla’s energy storage business is booming, and it is just beginning. However, the beginning of Tesla’s energy storage growth also appears to be the end of Tesla’s solar business.

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GM PowerBank home energy storage arrives, could outflex Tesla

Green Car Reports

General Motors is now rolling out its PowerBank energy-storage battery packs, providing the first real competition to the Tesla Powerwall home energy-storage system directly from an automaker.

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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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Lux predicts energy storage market will hit $546B by 2035

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The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. Mobility applications remain the long-term growth and demand driver for energy storage through 2035, with personal mobility devices expected to increase to $43.7

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Rolls-Royce investing $110M over next decade to develop energy storage for aircraft

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Rolls-Royce is entering new aviation markets to pioneer sustainable power and as part of that mission will be developing energy storage systems (ESS) that will enable aircraft to undertake zero emissions flights of more than 100 miles on a single charge. These modules will deliver market-leading energy density levels.