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FREYR Battery is ready to go forward with building of its first battery gigafactory in Norway, having obtained assurances of monetary and strategic help from the nation’s authorities.

The Norway-headquartered battery cell manufacturing startup mentioned it has sanctioned the development of Giga Arctic and has confirmed it’s going to have entry to greater than US$1.6 billion in debt financing.

The announcement by the corporate got here yesterday because the Norwegian authorities introduced a brand new Nationwide Battery Technique coverage at FREYR Battery’s places of work. Like nearby Finland, Norway has determined to advertise homegrown industries within the battery worth chain.

The nation’s Ministry of Commerce, Business and Fisheries mentioned that its 10-step plan may assist unlock alternatives for business with a turnover of NOK90 billion (US$9.02 billion) by 2030 (see release here, in Norwegian language-only).  

By the technique, Norway’s export credit score company Export Finance Norway (Eksfin) has indicated that it’ll help FREYR with as much as €400 million (US$418 million) price of ensures, loans, or a mix of the 2.

FREYR has some massive off-take agreements already in place with quite a few clients within the stationary battery energy storage business, a few of which have been named, like a 28.5GWh deal with US manufacturer Powin, and a 19GWh deal with Honeywell, together with others which have not.

Though it’s doubtless a big majority of preliminary demand will come from the electrical automobile (EV) sector, which is booming in Norway and rising round Europe and different territories, in an interview with this website in March, FREYR CEO Tom Einar Jensen mentioned that up to half of its products could be sold into the energy storage system (ESS) sector over time.

Securing of financing has enabled the corporate to ramp up its manufacturing plans: Giga Arctic shall be aimed toward 29GWh annual manufacturing capability, whereas a 2030 goal for 200GWh annual capability shall be met from expansions and different new services FREYR intends to construct.

The preliminary plan had been to construct two smaller factories on the website within the city of Mo i Rana, however these shall be consolidated right into a single website. FREYR believes the Giga Arctic plant’s building and commissioning would require round US$1.7 billion whole capital funding. The corporate famous that elements together with provide chain constraints and inflation have pushed an uplift within the anticipated price since plans have been first introduced.

FREYR just lately additionally signed a renewable energy power purchase agreement (PPA) with Norwegian state-owned energy company Stakraft, and has supplies provide offers in place with the likes of Glencore.

The producer goals to run all of its manufacturing off renewable energy and is partnered with US battery technology platform company 24M, which has developed a course of for making batteries with so-called SemiSolid electrodes, aiming to provide extra energy dense cells at decrease price and with decrease energy use required.

In his March interview with this website, CEO Jensen mentioned FREYR Battery’s preliminary manufacturing traces would produce lithium iron phosphate (LFP) cells however retain the choice so as to add nickel manganese cobalt (NMC) manufacturing capability.

Nevertheless, a press launch despatched yesterday to Energy-Storage.information famous that the preliminary deliberate manufacturing capability on the first two gigafactories can be NMC. A request for clarification from the corporate had not been responded to by the point of publication.

China’s Gotion to make ESS, EV merchandise at 18GWh website in Germany

In associated information, this week Chinese language battery firm Gotion Excessive-Tech mentioned it’s going to set up manufacturing bases in Germany that may make LFP merchandise for the stationary energy storage and e-mobility markets.

Together with launching a ‘transportable’ residence battery energy storage product vary, the corporate introduced it’s going to construct as much as 18GWh of annual manufacturing capability at its present website within the Decrease Saxony college city of Göttingen, in two phases.

Preparation of the brownfield website for building will start earlier than the tip of this 12 months, and an preliminary 3.5GWh of manufacturing put into motion by September 2023, earlier than subsequent phases carry that as much as 6GWh after which add one other 12GWh.

By 2025, Gotion Excessive-Tech goals to have 300GWh of manufacturing capability worldwide, siting some 100GWh of that in abroad territories equivalent to Germany.

In the meantime, LG Energy Resolution has revealed that it’s reconsidering funding right into a manufacturing plant for EV batteries in Arizona. The plant is one in all a number of the Korean firm is placing into motion within the US. Reuters, which reported the corporate’s potential change of coronary heart this week, mentioned analysts it had spoken to thought of rising inflation to doubtless be the primary trigger.  

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Burns & McDonnell providing EPC services for RWE’s Texas Waves II BESS



Burns and McDonnell providing EPC for RWE

Engineering, procurement and construction (EPC) firm Burns & McDonnell is providing its services for Texas Waves II, a 30MW battery energy storage system (BESS) by RWE.

The 30MW, one-hour system in Scurry County will provide load shifting and grid support services according to a press release. It is expected to come online in late 2022 according to project owner RWE, the Germany-based global energy firm.

Burns & McDonnell described the project as a ‘standalone’ BESS, while in a press release last month that announced the installation of the project’s inverters, RWE said the unit was co-located with the existing Pyron Wind Farm. The EPC firm did say that the battery would charge from the wind farm.

Chris Ruckman, vice president of energy storage at Burns & McDonnell, said: “Adding battery storage in the ERCOT market will be a valuable asset for RWE as they continue supporting their customers with clean, reliable energy.”

ERCOT stands for the Electric Reliability Council of Texas, the grid operator for the majority of the Lone Star State.

Burns & McDonnell said the BESS consists of owner-provided CATL EnerOne battery racks populated with lithium iron phosphate (LFP) battery modules. CATL, based in China, is the largest lithium-ion battery manufacturer in the world today by units sold.

The EPC firm will provide all engineering services for the project, and will install the racks, medium-voltage power station (MVPS) and balance of system (BOS) equipment. The work also includes modifying the existing substation, including installation of a new 34.5-kV vacuum breaker, interconnection details, protective relaying and metering upgrades.

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Estonia plans 225MW pumped hydro to help disconnect from Russia



estonia pumped hydro energy storage

State-owned Estonian energy firm Eesti Energia is planning to construct a 225MW pumped hydro energy storage facility, as a part of a wider push to turn out to be unbiased of Russian energy.

The corporate has began finishing up preliminary design and environmental influence evaluation for the works which might be accomplished by 2025-26.

This implies it might be accomplished in time for the Baltic area together with Estonia’s deliberate connection to the continental electrical energy system – and concurrent disconnection from the Russian energy system – in 2026.

The pumped hydro energy storage plant is being deliberate for the commercial space of a now closed oil shale mine within the northeast county of Ida-Virumaa.

Eesti Energia stated it’s not conscious of disused mines getting used as reservoirs for pumped hydro wherever else, and that the idea might be exported to international locations whose land reduction makes standard pumped hydro energy storage tough.

The plan, illustrated within the above picture, is for the higher reservoir to be constructed on a tailings dam, an earth-fill embankment used to retailer byproducts of mining, whereas the closed mine underground will probably be used because the decrease reservoir.

The Baltic states are at present a part of Russia’s electrical energy system however are looking for to disconnect and synchronise with continental Europe’s by a connector between Poland and Lithuania, the Harmony Link project.

Lithuania can also be endeavor massive energy storage tasks as a part of this transfer, in its case building a 200MW, one-hour battery energy storage system (BESS) provided by Fluence. Poland, in the meantime, is building a 200MW/820MWh BESS which can help the deliberate synchronisation of the areas, the state-owned firm behind the challenge has stated.

Trying elsewhere, the pumped hydro energy space for storing has seen just a few substantial large-scale tasks commissioned just lately. Though small in quantity in comparison with BESS models, the scale of the tasks means every one has a big impact on the native grid.

A facility was recently inaugurated in Portugal by utility Iberdrola, whose 1,158MW mixed hydroelectric energy as soon as absolutely operational will enhance the nation’s electrical energy capability by 6%. In Switzerland, a 20GWh system in the Valais mountains also recently came online.

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Australian flow battery player Redflow halts stock trading as it prepares capital raise



Australian flow battery company Redflow reports 172.3% jump in half-year revenues

Australia-based zinc-bromine stream battery firm Redflow, which has a market cap of practically US$60 million, has halted inventory market buying and selling because it prepares a capital elevate.

The ASX-listed firm introduced the halt right now (11 August) which can proceed till Monday 15 August or when it pronounces the capital elevate, whichever is sooner. It stated the cease in buying and selling was essential to make the announcement.

It has not but revealed how a lot it’s planning to boost however previous strikes, its present dimension and up to date statements could give a tough thought.

The corporate has a market capitalisation of UA$81 million (US$57 million) on the time of writing, and in July 2021 it raised AU$5 million from company finance agency New Expertise Capital Group.

And in an investor presentation launched concurrently with the buying and selling halt announcement, it stated it requires AU$6 million in extra capex to ramp up its Thailand manufacturing facility from 30MWh (finish 2022) to 80MWh by the top of 2023.

The presentation outlined the worth proposition for non-lithium batteries for lengthy period energy storage (LDES) and, extra particularly, its personal zinc bromine expertise.

The corporate claimed to be a frontrunner in medium period energy storage with 250-plus lively deployments with expertise in ‘multi-MWh’ scale, though its largest ever deployment is 2MWh, ordered in March last year by a waste-to-energy facility in California.

It cited commerce group LDES Council’s figures that say world cumulative LDES (outlined as eight hours-plus period) deployments may attain 85-140TWh by 2040, and stated the market is more and more wanting past lithium-ion to do that. It cited 1,124% and 106% will increase in lithium and cobalt costs respectively during the last yr and a half, versus simply 48% and 29% respective rises for zinc and bromine.

And throughout the stream battery house, Reflow claims its expertise has an energy and energy density as much as 3 times greater than iron stream, vanadium and different zinc-based batteries.

Its principal markets to-date have been Australia and the US and it serves these from a producing facility in Thailand which is about to finish 2022 with a 30MWh annual manufacturing capability. It expects this to extend to 80MWh by end-2023, for which the AU$6 million might be required.

Final week, the corporate introduced that it had gained a young to offer 180kWh of battery storage as principal provider to the Australian authorities’s Bureau of Meteorology emissions discount and reliability undertaking. Redflow will provide 18 of its 10kWh ZBM batteries to provide energy for crucial infrastructure.

Redflow saw revenue of AU$1,174,242 (US$833,000) in the second half of 2021, a 172% increase, as coated by Energy-Storage.information.

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