Tag: battery
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A Q&A With Rivian, the Amazon-Backed Electric Truck Startup
Image Credit: Rivian Rivian Automotive made a great deal of buzz last week with the news that Amazon would lead a $700 million investment from the American truck startup. Even the investment signifies an important landmark for Rivian and the wider shift to sustainable mobility. While terms of the deal weren’t revealed, this signifies Amazon’s…
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Oil Supermajor Shell Acquires Sonnen for Home Battery Expansion
Picture Credit: Shutterstock.com Shell will obtain German startup sonnen, staking a claim to the home energy storage market and further enlarging its ever-increasing footprint from the energy industry. Sonnen distinguished itself at the first home-storage market, with thousands of units deployed across Germany, and a notable presence elsewhere in Europe, the U.S. and Australia. Besides…
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Toyota and Panasonic Form Joint Venture to Make EV Batteries
Picture Credit: Shutterstock.com Toyota Motor Corporation and Panasonic Corporation announced Tuesday that the two companies will establish a joint venture following year to generate prismatic lithium ion batteries, solid-state batteries, and ion batteries for electric vehicles. Contracts concluded today confirm prior reports of a formal partnership between the two businesses, and assemble on an arrangement…
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AES Completes Record-Breaking Solar and Battery Plant on Kauai
Picture Credit: AES Corporation AES Corporation established the planet ’s largest battery plant paired with solar generation Tuesday, on the Hawaiian island of Kauai. This kind of power plant produces cheap, clean energy and also uses batteries to provide power when it is most precious, instead of just as soon as the sunlight shines. That’therefore…
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10 Predictions for Rooftop Solar and Storage in 2019
Together with the solar sector chaos of 2018 behind us, lots of us are looking toward more predictable growth from 2019…at least before the Investment Tax Credit goes to zero for home and 10% for commercial on December 31, 2021. Then we’re about the solar coaster, therefore it’s unwise to be educated about a rosy…
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Mexico Gets Its First Grid-Scale Battery—at a Car Factory
Mexico energy police have been developing a power storage strategy to balance from the country’s current surge in solar power plants. What is apparently the very first and biggest battery to come online, though, does something else completely. The 12-megawatt/12-megawatt-hour device changed on in October to deliver strength and power quality in a 130-megawatt microgrid…
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European Battery Manufacturing to Grow 20-Fold by 2025
Picture Credit: Shutterstock.com Europe is on course to raise its capability by 20 days in the next seven decades, hitting 90 gigawatt-hours of producing output each year by 2025. The figures, by Wood Mackenzie Power & Renewables, reveal Europe gaining ground on Asia, which today accounts for 65% of battery mobile production. “Several European and…
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Tesla Hikes Powerwall Prices to Better Reflect ‘Value’
If you looked at Tesla's Powerwall site earlier this week you may have noticed that the cost for”supporting hardware” had softly booted up. That hardware, known as the Gateway, has been listed at $700. It rose to $1,100. Now, Tesla followed with an global pricing adjustment to the Powerwall, it's house energy storage strategy. In…
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Mega Financing Rounds Affirm China Is the Center of the Electric Vehicle World
There are thousands and thousands of electric vehicles on the roads across the U.S. and the European Union, along with endless information of American EV manufacturer Tesla's latest moves. But the reality is that China is the center of the battery and electric transport world. This can be borne out from the sheer volume of…