Company Emerges from Stealth with $50M in Private Capital and a Revolutionary New Technology That Will Slash Today's Lithium-Ion Battery Costs by 50%
A German company has ordered two fuel cell stacks of the S2 platform of 25 kW each.
Today, 24M emerged from stealth mode to introduce the semisolid lithium-ion cell, a revolutionary technology that solves the grand challenge of energy storage by enabling a new, cost-effective class of the lithium-ion battery. 24M’s semisolid lithium-ion is the most significant advancement in lithium-ion technology in more than two decades and combines an overhaul in battery cell design with a series of manufacturing innovations that, when fully implemented, will slash today’s lithium-ion costs by 50% and improve the performance of lithium-ion batteries. The technology will accelerate the global adoption of affordable energy storage. Until now, the energy storage field has had two options to try to drive down costs – build massive and complex factories to produce lithium-ion batteries in high volumes or pursue entirely new chemistries that may never move from the lab to the commercial floor. With the invention of the semisolid lithium-ion battery, 24M presents a third option – work with the world’s preferred energy storage chemistry and unlock new opportunities for cost reductions through new cell design and manufacturing innovations. 24M’s platform is the most significant advancement in lithium-ion technology since its debut more than 20 years ago.
ees Europe 2015 packs a punch with higher exhibitor numbers and dedicated conference
The company's technology doubles the capacity, lowers the cost, and extends the life of lithium-ion batteries
Intersolar Europe is taking place from 10-12 June in Munich, Germany
Samsung SDI (KRX:006400) unveiled two residential energy storage systems (ESS), 5.5kWh and 8.0kWh, at Intersolar Europe 2015 in Munich, Germany.
To keep up with these trends, LG CNS, a leader in the Korean IT service market, has emerged as a new force in energy storage system integration around the globe.
Battery cell control system extends lifespan of storage devices and reduces costs
Energy storage roadmap released at ninth IRENA Council meeting
Saft expands its Li-ion solar energy storage portfolio with new Intensium Home 10M system designed for prosumers*
Intensium Home 10M is a high performance 10 kWh/ 10 kW battery designed specifically for high-end residential and small commercial solar photovoltaic (PV) installations. ---- New partnership with KACO new energy GmbH teams Intensium Home 10M with the perfect inverter to enable prosumers to maximize their self-consumption. ---- Saft Li-ion energy storage systems are ideally suited for "behind the meter" and swarm** applications.
Stephen Edelstein for Motor Authority: Tesla Motors may be the first automaker to try selling standalone battery packs for powering homes and businesses, but it may not be the only one for long. Mercedes-Benz could soon enter the energy storage business as well. A division of parent company Daimler has been testing battery packs that can power houses or store excess electricity from the grid, and plans to launch commercially in September, according to Australia's Motoring. Called ACCUmotive, this division was created in 2009 to develop lithium-ion batteries. Like Tesla before its recent announcement, the Daimler arm has been testing energy storage systems under the radar for some time. It recently built an energy storage array operated by German electricity joint venture Coulomb. The array consists of 96 lithium-ion modules that together boast a combined 500 kilowatt hours of storage capacity, which is used to stabilize the Saxony Kamenz power grid. There are plans to expand it to 3,000 kWh of capacity. ACCUmotive has reportedly delivered more than 60,000 lithium-ion cells to customers—which may include Mercedes itself—and employs more than 250 people.
All-Important HECO Approval Critical for Supporting Hawaii's Commitment to Renewable Energy
Companies agree to develop 1-MW demonstration project to facilitate the integration of renewable energy sources
Allowing customers to employ multiple battery banks with a single inverter.
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