The United States Department of Energy (DOE)’s Loan Programs Office (LPO) has given preliminary approval for a loan of $544 million to SK Siltron CSS for the expansion of manufacturing silicon carbide (SiC) wafers for use in electric vehicles (EVs), a press release from LPO said. It is anticipated that the conditional commitment to expand […]
South Korea’s Hyundai Electric & Energy Systems will soon complete a massive lithium ion battery in the industrial city of Ulsan. When it goes live in three months, Hyundai’s 150-megawatt system will overtake Tesla’s 100-megawatt facility in South Australia as the world’s largest industrial energy storage system, Independent.ie reported. Sorry, Elon Musk. It’s an exciting—albeit […]
A revolutionary battery has been successfully installed at the Hywind Scotland, the world’s first floating offshore wind farm located about 15 miles off the Aberdeenshire coast. With the 1.2-megawatt storage system known as “Batwind” in operation, it will be possible for the first time to store energy produced from an offshore wind farm, developers Masdar […]
Tesla‘s plans to build the world’s largest virtual power plant in South Australia will proceed after all. The $800 million (US $634 million) project—struck in February by Tesla CEO Elon Musk and former South Australian Premier Jay Weatherill—involves installing solar panels and batteries on 50,000 homes to function as an interconnected power plant. But the […]
London-based Pivot Power unveiled plans to build the world’s first national network of grid-scale batteries and rapid-charge stations across the UK to accelerate electric vehicle (EV) adoption and to usher in low-carbon transport. The ambitious £1.6 billion ($2.1 billion) initiative consists of 50-megawatt batteries constructed at 45 sites around the country and located near towns […]
Nissan, the maker of the world’s top-selling electric vehicle, officially rolled out on Thursday a seamless solar energy and battery storage system for homes in the UK. The venture, called Nissan Energy Solar, allows homeowners to generate, store and charge EVs with their own renewable energy, which can reduce household energy bills by an estimated […]
Since switching on in December, Tesla’s massive battery in South Australia has already drastically lowered prices in the region’s frequency and ancillary services market (FCAS) and has taken a major share of that market, Renew Economy reported. During Australian Energy Week, McKinsey and Co. partner Godart van Gendt boasted about the stunning efficiency of the […]
California could become the first state in the country to require solar panels on most new homes. The state’s energy commission will vote on the new standard on Wednesday, May 9 and they are expected to approve it, the Orange County Register reported. If approved, the mandate would apply to all houses, condos and apartment […]
Norway—home to the world’s highest per capita number of all-electric cars—is also planning to go emission-free in the friendly skies. The Scandinavian country aims to be the first in the world to switch to electric air transport. State-owned Avinor, which operates most of the country’s airports, plans to adopt battery-powered planes in the coming years […]