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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. Chart: BloombergNEF.

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FREYR to collaborate with Honeywell on battery manufacturing, deploying energy storage solutions

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Honeywell and FREYR Battery signed an agreement pursuant to which FREYR will, subject to viability, leverage Honeywell’s leading technology offerings, including integrated automation, field instrumentation and security integration solutions in FREYR’s manufacturing process. —Tom Einar Jensen, FREYR’s Chief Executive Officer.

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Rimac Technology enters stationary energy storage systems market with launch of Rimac Energy

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Rimac Technology is entering the stationary Energy Storage Systems (ESS) market with the launch of Rimac Energy. The launch of Rimac Energy marks a major milestone for the company, as it expands beyond market-leading EV technology and introduces innovative stationary energy storage systems.

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Na-ion battery developer Faradion collaborating with battery manufacturer AMTE Power

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UK-based battery manufacturer AMTE Power and Faradion Ltd. , a leader in non-aqueous sodium-ion battery technolog ( earlier post ), announced a collaboration which combines Faradion’s IP with AMTE Power’s design and manufacturing capabilities. These trends will drive a significant increase in the use of battery storage.

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Siemens’ Russelectric adds EV charging to Massachusetts renewable microgrid

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Russelectric, a manufacturer of distributed energy and microgrid control systems for mission-critical commercial facilities that was acquired by Siemens in 2018, has added electrical vehicle charging capabilities at its Hingham, Massachusetts, facility.

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DOE funding demonstration project to replace natural gas with solar energy for production of Oberon’s rDME fuel; Bullet Steam Accumulator

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The US Department of Energy is funding a demonstration of Sunvapor ’s solar steam and thermal battery technology to lower further the Carbon Intensity (CI) of the renewable dimethyl ether (DME) produced by Oberon Fuels at its Maverick Innovation Center in Brawley, California.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.