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26th March 2020 | Silverstone

Arsenal leads charge into battery power at Emirates Stadium

Club is first in UK to use large-scale system with capacity to last an entire match Arsenal has become the UK’s first football club to install large-scale battery energy storage, in a bid to cut electricity costs and support green energy. Tucked in the basement of the Emirates, the system is capable of powering the…
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26th November 2018 0

Solid-state battery technology going into serial production

Solid-state batteries are considered a potential successor to lithium-ion batteries. While several well-known companies such as Toyota, Fisker, Hyundai, BMW or Bosch have been working on them for a long time (Bosch even gave up), the first production line operation is now getting started in China. Despite all the advantages, however, it is doubtful that…
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23rd November 2018 0

Tesla Has 20% Battery Cost Advantage On Competition, Says UBS Analyst

According to a report by the Financial Times (subscription), UBS has conducted an analysis of battery production costs for various manufacturers and concluded that Tesla enjoys a 20% cost advantage over its closest competitor, LG Chem. The analysis applies specifically to the battery cells produced at Gigafactory 1 for use in the Tesla Model 3.…
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22nd November 2018 0

Silicon eyed as way to boost electric car battery potential

The race to build a better electric car battery is turning to silicon, with several companies working to engineer types of the material that can boost driving range and cut production costs. About 500,000 electric vehicles (EVs) were sold globally in 2016, a figure that is expected to jump sevenfold by 2022, according to the…
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16th November 2018 0

BP installs Tesla-made battery to store wind power

BP installed a battery storage system for the first time at one of the company’s wind energy farms in South Dakota, a move BP hopes will provide a blueprint for adding similar power storage technology at its other U.S. wind power sites. BP said the technology will improve energy efficiency, address the intermittency of wind…
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15th November 2018 0

Germany hopes to kickstart EU battery-making in 2019

German economy minister Peter Altmaier said Tuesday Berlin would provide one billion euros ($1.3 billion) of funding for electric car battery production by 2021, as talks with companies reach an advanced stage. “In the coming months we want to create the conditions for batteries to be produced on a mass scale in Europe,” Altmaier said…
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14th November 2018 0

Battery prices will go down by 52 between 2018 and 2030, according to BNEF

Lithium-ion batteries will see their price going down by 52 per cent between 2018 and 2030, and this (together with the rise of electric vehicles market) will drive the global energy storage market growing to a cumulative 857GWh by 2040 (now we are at 198 gigawatt hours) Lithium-ion batteries will see their price going down by 52 per cent between…
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13th November 2018 0

A new battery technology could make batteries five times lighter and half the size

Electric cars could be the primary application Highly anticipated: Rechargeable lithium-ion batteries are increasing in power density at a rate of around 8% per year, and if that continues then they’ll be approaching gasoline densities in around ten years. Aluminum-air batteries, on the other hand, almost match gasoline, while being substantially lighter and cheaper than lithium-ion.…
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12th November 2018 0

Tesla Energy takes part in CA’s record-breaking 2.2 GWh battery storage project

Tesla Energy is poised to participate in California’s initiative to build one of the world’s largest battery systems. After a historic 4-1 vote, California utility regulators approved a proposal put forward by Pacific Gas & Electric, which aimed to replace three natural gas-fired power plants in the state with utility-grade lithium-ion batteries. When completed, the…
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10th November 2018 0

The Battery Boom Will Draw $1.2 Trillion in Investment by 2040

The battery boom is coming to China, California and basically everywhere else—and it will be even bigger than previously thought. The global energy-storage market will surge to a cumulative 942 gigawatts by 2040, according to a new forecast from Bloomberg NEF published Tuesday, and that growth will necessitate $1.2 trillion in investment. Sharply falling battery costs is…
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7th November 2018 0