Energy Storage
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X @Bloomberg
Bloomberg· 2025-10-01 06:06
India will outsource geological investigations to speed up the approval of hydroelectric projects, including those meant for energy storage, a key part of the country’s energy transition pathway https://t.co/6a3NDX4FpF ...
HPQ Silicon Confirms Completion and Shipment of First Industrial Batches of HPQ ENDURA+ Battery Cells
Globenewswire· 2025-09-30 11:00
Core Insights - HPQ Silicon Inc. has completed its first industrial batches of high-performance lithium-ion battery cells using its proprietary GEN3 silicon-based anode technology, marking a significant step towards commercial deployment and market engagement [1][2][3] Production and Capacity - The company projects an annual production capacity of up to 1.5 million cells through its partnership with Novacium SAS, with pre-commercial production already underway [2] - The production of HPQ ENDURA+ cells is subcontracted to a large-scale battery manufacturer, allowing for immediate integration into existing high-throughput lines, thus providing scalability and a significant time-to-market advantage [3] Product Specifications - HPQ has finalized product specification sheets for both 18650 (4,000 mAh) and 21700 (6,000 mAh) battery formats, which can achieve up to 1,000 charge cycles and feature high energy density due to the GEN3 silicon-based anode technology [4] Market Positioning - Current comparable 18650 cells in the market offer lower energy densities (2,500 to 3,500 mAh) and shorter cycle lives (below 500 cycles), retailing between US$4.50 and US$8.00 per cell, positioning HPQ to capture significant market value with its higher-performance alternatives [5] Strategic Developments - The Board of Directors has authorized the extension of the exercise date for 2,107,318 outstanding share purchase warrants until November 23, 2027, with the exercise price remaining at $0.30 [6][7] Company Overview - HPQ Silicon Inc. focuses on innovation in advanced materials and critical process development, advancing next-generation silicon-based anode materials and commercializing its ENDURA+ lithium-ion cells [9][10] - The company aims to become a low-cost, zero-CO₂ producer of fumed silica and high-purity silicon, positioning itself to capture growth opportunities in energy storage and clean hydrogen markets [10]
Dragonfly Energy Showcases Technical Leadership at The Battery Show North America 2025
Globenewswire· 2025-09-29 11:30
Core Insights - Dragonfly Energy Holdings Corp. will showcase its technical leadership in lithium battery manufacturing and hybrid electrification at The Battery Show North America 2025, scheduled for October 6 to 9, 2025, in Detroit [3][4][5] Company Overview - Dragonfly Energy is recognized as a leader in energy storage, specializing in lithium battery technology, cell manufacturing, and battery pack assembly, with its Battle Born Batteries brand being widely deployed [8] - The company employs a patented dry electrode manufacturing process, enabling chemistry-agnostic power solutions for various applications, including energy storage systems and electric vehicles [8] Event Participation - The Battery Show is the largest advanced battery and electric vehicle technologies event in North America, attracting thousands of professionals from the energy storage supply chain [4] - Dragonfly Energy's leadership will engage in workshops and panel discussions, focusing on U.S. manufacturing challenges, hybrid electrification in trucking, and fundamental battery knowledge [5][6] Strategic Focus - The company emphasizes advancing dialogue around energy storage and manufacturing innovation, aiming to strengthen the industry through collaboration and technical progress [5][6]
X @Bloomberg
Bloomberg· 2025-09-29 10:08
An energy company backed by Vitol plans €600 million of investment in building giant batteries in Germany https://t.co/1czGrUgYz6 ...
Energy Vault secures $50m for energy storage development
Yahoo Finance· 2025-09-29 08:47
Group 1 - Energy Vault Holdings has signed a funding agreement with YA II PN for up to $50 million in corporate debenture financing, providing additional capital flexibility for energy storage development [1][3] - The company has an expanding portfolio that includes operating assets in Texas and California, a recently acquired 1 gigawatt hour Stoney Creek project in Australia, and a 3 gigawatt global pipeline of battery energy storage systems [2] - Energy Vault focuses on large-scale energy storage solutions, including battery, gravity, and green hydrogen technologies, aiming to provide sustainable energy storage worldwide [2][3] Group 2 - The new funding agreement follows a previously announced $300 million preferred equity investment with an infrastructure investor, which is subject to final closure [4] - The $300 million transaction will establish Asset Vault as a fully consolidated subsidiary focused on owning and operating storage assets backed by long-term offtake agreements, aiming to generate high-margin contracted cash flows [5] - The company has disclosed plans for the 57 megawatt/114 megawatt-hour Cross Trails battery energy storage system in Scurry County, Texas, scheduled for November 2024 [5]
LiTime Launches “Prime Big Deal Days” Fall Event: Up to 60% Off LiFePO₄ Batteries for RV, Marine, and Backup Power
Globenewswire· 2025-09-26 13:00
SHENZHEN, China, Sept. 26, 2025 (GLOBE NEWSWIRE) -- As outdoor travel and home backup power needs surge this fall, LiTime, a leading provider of LiFePO₄ batteries, today announced its annual “Prime Big Deal Days” sale, running from September 16 through October 14. Outdoor enthusiasts, RV travelers, boat owners, golf cart users, and homeowners can save up to 60% off sitewide on high-performance lithium power systems and accessories. “This year’s ‘Prime Big Deal Days’ isn’t just about discounts—it’s about emp ...
Renewable Energy & Battery Energy Stocks in Focus Amid Record Growth Trends
ZACKS· 2025-09-22 20:01
Industry Overview - The global renewable energy industry is experiencing significant growth due to soaring clean electricity demand from sectors like transportation, rapid AI-driven data center growth, and declining installation costs for solar and wind technologies [2] - Clean power surpassed 40% of global electricity generation in 2024, with global stationary energy storage installations surging 40% to a record 170 GWh [3] - The energy storage market is becoming an essential component of modern energy infrastructure, driven by declining battery costs, government incentives, and an increasing volume of renewable projects [2][3] Future Projections - BNEF expects global power generation from renewables to rise 84% by 2030 and double again by 2050, with global energy storage additions projected to grow 35% this year [5] - Strong policy support, fiscal incentives, and declining installation costs are enhancing the competitiveness of clean energy firms, enabling sustainable long-term value creation [6] Company Highlights - **Sunrun**: Leading provider of home battery storage and solar systems, with a networked solar energy capacity of 7,949 MW as of June 30, 2025. Subscriber additions increased 15% year over year in Q2 2025, with a net subscriber value expansion of 182% [7][8] - **DTE Energy**: Michigan's largest producer and investor in renewable energy, completed construction of 80 MW Pine River Solar Park and 100 MW Polaris Solar Park in Q2 2025. Plans to invest $10 billion in clean energy generation over the next 10 years, targeting 900 MW of renewables added per year [10][11] - **Ameren**: Invests in cleaner energy sources, recently broke ground on a 2.5 MW solar facility in Peoria. Aims to expand its renewable portfolio by adding 3,200 MW of renewable generation by 2030 and 1,000 MW of battery storage by the end of 2030 [13][14]
DTEK subsidiary, DRI, picks Fluence to deliver Trzebinia battery project
Globenewswire· 2025-09-22 06:00
Core Viewpoint - DRI, the EU renewables arm of Ukraine's DTEK Group, has partnered with Fluence Energy to supply battery storage units for the 133 MW Trzebinia project in Poland, which will be the largest battery storage facility in the Polish Capacity Market starting in 2027 [1][2][9]. Group 1: Project Details - The Trzebinia project will provide an energy reserve to enhance Poland's energy security, allowing for rapid dispatch during peak demand or generation drops [2][9]. - The project will utilize Fluence's Smartstack™ platform, which is designed for fast deployment and optimized performance, and will include advanced cybersecurity features [5][6][9]. - The project is part of a broader strategy by DTEK and DRI to create an interconnected energy system across Central and Eastern Europe, contributing to energy independence for Poland and the EU [7][8]. Group 2: Market Context - Poland's installed energy storage capacity is expected to grow significantly, from 25 MWh at the end of 2024 to over 20 GWh by 2030, indicating a strong market potential for energy storage solutions [8][10]. - The Polish government aims to achieve over 50% renewables in its energy mix by the end of the decade, aligning with the goals of the Trzebinia project [10]. Group 3: Company Background - DRI is focused on accelerating the energy transition in Central, Eastern, and Southern Europe, with a mission to achieve net zero goals through renewable energy and battery storage projects [11]. - Fluence Energy is a global leader in energy storage and optimization software, with a commitment to enhancing grid resilience and supporting renewable energy integration [12].
Eos CEO: We're trying to make the power grid more efficient
CNBC Television· 2025-09-18 19:26
Company Overview & Growth - EOS Energy's stock more than doubled in 6 months, indicating significant market interest [1][17] - The company manufactures batteries and storage solutions, including an all-in-one plug and power system, primarily made in the USA [1] - EOS Energy has grown from 2 employees to 700 employees in six years, with every employee holding stock in the company [8] Technology & Solutions - EOS Energy's battery backups shift supply to meet demand, offering discharge durations from 2 hours up to 16 hours [3] - The system can handle power demand fluctuations in data centers up to 50%, ensuring grid stability [4] - The company's product is designed to improve grid efficiency by optimizing the utilization of energy assets [4] - The company emphasizes a simple, safe (non-flammable, non-toxic), and fully recyclable product, supported by American-designed software and data security [16] Market & Strategy - Energy storage is expected to play a crucial role in meeting peak energy demands, especially with the rise of AI [2] - The company moved manufacturing back to the US due to competitive landed costs and a desire to support American suppliers [10] - EOS Energy aims for 100% US-sourced materials, currently at 91%, avoiding tariffs and supporting local economies [6] - The company positions itself as an energy company focused on reliability, aiming to provide power when needed, similar to the reliability expected from traditional energy sources [13]
Tesla is recalling Powerwall 2 batteries over fire risk
TechCrunch· 2025-09-16 19:20
Core Points - Tesla is recalling Powerwall 2 home batteries in Australia due to reports of fires causing minor property damage, as stated by the Australia Competition and Consumer Commission (ACCC) [1] - The recall affects an unspecified number of Powerwall 2 units manufactured in the U.S. and sold between November 2020 and June 2022, with the cells produced by an unnamed third-party supplier [1] - No injuries have been reported in connection with the fires [1] Product Details - The Powerwall 2 contains 14 kWh of lithium-ion batteries and is typically installed with solar panels to store excess power generated during the day [2] - Customers can enroll their batteries in a virtual power plant to support the grid during peak loads, which extends the warranty to up to 15 years and provides access to time-of-use rates to help reduce energy bills [2] Recall Process - Homeowners will be notified via the Tesla app if their Powerwall is part of the recall, and the company is discharging the batteries to mitigate fire risks [3] - Recalled batteries will be replaced at no cost, and the company will consider compensation for lost energy savings on a case-by-case basis, as indicated by the ACCC [3]