Browsing: energy storage

Ukraine's Grid Gets 200MW Storage

DTEK plans to install 200MW of energy storage capacity in Ukraine. This initiative comes as part of the company’s ongoing efforts to enhance the stability and flexibility of the Ukrainian power grid.

China Opens Large-Scale CAES Plant

China advances energy storage with the opening of the Nengchu-1 project in Hubei Province. This facility is recognized as the world’s first 300-megawatt compressed air energy storage (CAES) demonstration project.

Batteries

The global energy storage market is projected to grow exponentially, with lithium-ion technology at its helm—a dominance that poses challenges for alternatives like sodium-ion batteries. Yet, recent advancements by researchers at Argonne National Laboratory may offer a path forward in addressing key performance limitations of sodium-ion cells. These developments, while significant, underscore the broader struggles of diversifying energy storage technologies.

US Banks Grapple with China EV Ban

The U.S. government’s recent decision to blacklist a significant Chinese electric vehicle (EV) battery producer is causing ripples across financial institutions.