Market Focus

Tan Delta Systems launches Renewable Energy market offering 1024 571 Energy Storage Journal

Tan Delta Systems launches Renewable Energy market offering

Date: December 13, 2023 SENSE 2 Tan Delta Systems, a manufacturer of real-time oil quality monitoring sensors and systems, has unveiled its renewable energy market offering. Tan Delta’s technology is…

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PESO hybrid lead-lithium project closes, possible template for the future 392 254 Energy Storage Journal

PESO hybrid lead-lithium project closes, possible template for the future

January 26, 2023: The Port Energy Systems Optimization (PESO) demonstration project integrating a lead-lithium battery combination into a microgrid at Portsmouth International Port in the UK came to a close…

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Blanket ban on EVs by Norwegian ferry line 300 225 Energy Storage Journal

Blanket ban on EVs by Norwegian ferry line

January 26, 2023: Norwegian shipping company, Havila Kystruten announced on January 12 that it is banning electric cars, hybrids and hydrogen vehicles on its ferries because of a potential fire hazard.…

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Tesla plans $3.6 billion investment in Nevada, positive Q4 results 1024 679 Energy Storage Journal

Tesla plans $3.6 billion investment in Nevada, positive Q4 results

January 26, 2023: Tesla, the EV automotive maker and energy storage manufacturer, announced this week that it was to make $3.6 billion of new investment in its Nevada manufacturing plant. “The…

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Energy storage funding soared in 2022, set to continue 1024 208 Energy Storage Journal

Energy storage funding soared in 2022, set to continue

January 26, 2023: Funding into energy storage continued to grow at record levels in 2022, according to Mercom Capital Group, which provides data on investment markets. Raj Prabhu, CEO of…

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Hecate Energy secures $550 million financing package 847 387 Energy Storage Journal

Hecate Energy secures $550 million financing package

January 26, 2023: Hecate Energy, a US developer of renewable power and energy storage projects announced on January 24 the recent closure of a five-year $550 million financing to support…

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Honda and GS Yuasa work towards establishing lithium JV by end 2023 640 407 Energy Storage Journal

Honda and GS Yuasa work towards establishing lithium JV by end 2023

January 26, 2023: Honda Motor Co. and GS Yuasa International announced on January 23 they had reached a basic agreement toward collaboration on development of a high-capacity, high-output lithium-ion battery.…

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US $700m loan offer to develop lithium mine 750 430 Energy Storage Journal

US $700m loan offer to develop lithium mine

January 20, 2023: The US Department of Energy’s loan programs office (LPO) said on January 13 it had made a conditional offer to lend up to $700 million to develop…

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$58bn pledged for long duration storage projects since 2019 1024 670 Energy Storage Journal

$58bn pledged for long duration storage projects since 2019

December 10, 2022: Commitments have been made to invest more than $58 billion in long duration energy storage (LDES) projects around the world since 2019, according to analysis released on…

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Demand deficit alert for battery metals Li, Co, Ni 647 1024 Energy Storage Journal

Demand deficit alert for battery metals Li, Co, Ni

December 8, 2022: Supplies of lithium, cobalt and nickel are unlikely to be available in quantities needed to meet the anticipated escalation of global demand for the battery metals over…

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