Tesla is recalling Powerwall 2 home batteries in Australia after the company received reports of fires that led to “minor property damage,” according to the Australia Competition and Consumer Commission. The recall affects an unspecified number of Powerwall 2 units made in the U.S. and sold between November 2020 and June 2022. The cells were […]
Tesla is recalling Powerwall 2 batteries over fire risk Read More »
Fourth Power’s take on long-duration energy storage sounds like something out of a James Bond film. The thermal batteries come complete with superheated liquid tin and argon-filled hermetically sealed chambers. The company’s goal, though, is far more prosaic — to store electricity cheap enough to make solar and wind an obvious choice for 24/7 power.
Tesla is updating its utility-scale Megapack batteries as it seeks to stem the decline of its lucrative energy storage business. The new battery product known as Megapack 3, which Tesla revealed late Monday, are a bid to lure utilities and data center developers that are desperate for power. Megapack 3 stores around 1 megawatt-hour more
Tesla revamps the Megapack in attempt to reverse its declining storage business Read More »
GM is sending new and old EV batteries to recycler Redwood Materials, which then repurposes the packs for stationary energy storage storage, the two companies announced today. Second-life batteries from GM have already made their way through Redwood’s process and into a 12 megawatt microgrid at the company’s Sparks, Nevada, headquarters. Electricity from that installation
GM teams up with Redwood Materials to power data centers with EV batteries Read More »
Even Tesla’s energy storage business, which has been a small, yet notable bright spot, can’t escape the cloud that’s hanging over the company. For the second consecutive quarter, deployments of its Powerwall and Megapack stationary storage products have declined, according to stats released by Tesla. In the second quarter of this year, the company installed
Tesla’s energy storage business gets sucked into the company’s downward spiral Read More »
It doesn’t look like much, but Finland recently flipped the switch on the world’s largest sand-based battery. Yes, sand. A sand battery is a type of thermal energy storage system that uses sand or crushed rock to store heat. Electricity — typically from renewable sources — is used to heat the sand. That stored heat
Finland warms up the world’s largest sand battery, and the economics look appealing Read More »
The world is set to invest nearly twice as much in clean energy as fossil fuels this year, according to a new International Energy Agency report. While fossil fuel outlays are still significant — about $1.15 trillion this year — they’ll be dwarfed by clean energy, which is expected to receive $2.15 trillion in 2025. But
Clean energy investment hits new highs and shows no sign of slowing Read More »
Tesla is a business built, in part, on government regulations and incentives, from a Department of Energy loan guarantee in 2009 to the regulatory credits it sells to other automakers, which have driven a third of its $32 billion in profits since 2012. Now, the company’s energy business — a rare bright spot amid faltering demand
Tesla pleads for Senate to spare its booming energy business Read More »
Plenty of materials — from sulfur and sodium to manganese and organic molecules — have tried to topple the ubiquitous lithium-ion battery. And, so far, they’ve all failed. Organic batteries, which are built from some of the most abundant chemicals here on Earth, including carbon, oxygen, and nitrogen, has been perhaps the most frustrating failure.
XL Batteries is using petrochemical infrastructure to store solar and wind power Read More »
Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula. The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including
Amazon continues renewable energy spree with 476 MW purchase Read More »
