Electrovaya wins Indian business on PM’s tour

Advanced battery manufacturer Electrovaya has announced the signing of two memorandums of understanding for its lithium-ion batteries, signed while accompanying Canada’s Prime Minister Stephen Harper on a trade mission to India. One agreement is with existing customer Hero Eco, to supply more batteries for its electric bikes in Europe, North America and India.

The other is with new client Environ Energy (a.k.a. Bhaskar Solar, part of a USD$4 billion Indian conglomerate), to supply batteries for telecommunications applications.

Advertisements

Asia-Pacific energy storage worth $12m…

A new report from Pike Research says that the growth in energy storage adoption in the Asia Pacific region will lead to a $12 million market, driven chiefly by Japan, South Korea and Australia, and that the total installed capacity of in Asia will surpass the 25GW barrier by 2022. Technical developments in India and China will also have a marked impact, says Pike.

…part of a $30bn global market in 2022

And it gets better. Pike is also forecasting the worldwide market for energy storage will be worth $30 billion in 2022. This takes into account advances in next-generation pumped storage, compressed air energy storage and advanced battery technology for grid-scale storage.

West Bengal invests in pumped hydro

As reported in The Hindu, the Indian state of West Bengal is planning to more than double its current pumped hydro energy storage capacity from 900MW to 1900MW. The new capacity will come in the shape of a single pumping station in the Purulia region of West Bengal and at a cost of nearly half a billion dollars investment from the state government.

Pumped hydro has the lion’s share of global energy storage capacity, but faces the problems of massive initial investment and tricky location requirements. Given the ongoing economic crisis, how do you see the giant of energy storage shaping up in the next few years and decades? Let us know.

Sweet solution boosts sodium battery storage

27 September 2012
Sodium batteries could improve their capacity by 20%, thanks to researchers at the Tokyo University of science, reports DigInfo TV. They have produced a new type of carbon anode by heating sucrose up to 1,500ºC, which has increased the capacity of sodium ion batteries to 300mAh, say the scientists.The researchers are hoping this development is another step in the quest to replace lithium as the dominant – and expensive – battery chemistry.