S4 Energy’s Post

The key to renewable energy is being able to store it until needed. https://lnkd.in/gYZ8QxEs #renewableenergy #battery #energystorage

🔲 TESLA MEGAPACK BATTERY and PLUS POWER: “World's advanced battery energy storage system comes online on January 2024, speeding Hawaii's transition to 100% renewable energy. It replaced Hawaii’s last coal plant ”. The Kapolei Energy Storage Sytem consists of a massive 185MW/565MWh Tesla Megapack system. 🔲 On the screen, Jon Yoshimura, Consultant-Government affairs, land use, renewable energy development, updated the Neighborhood Board and offerered site visits to KES in an early stage. 🔲 Plus Power now announced it has begun operating its Kapolei Energy Storage facility on Oahu, Hawaii with 158 Tesla Megapack 2 XL battery units , the most advanced grid-scale battery energy storage system, helping transition the state's electric power from coal and oil to solar and wind. "This is a landmark milestone in the transition to clean energy," said Brandon J Keefe, Plus Power's Executive Chairman. Alex Fraenkel, Executive Vice Chairman at Plus Power has originated front-of-the-meter energy storage contracts with Tucson Electric Power (10 MW, 2.5 MWh), Southern California Edison (10 MW, 40 MWh), and behind-the-meter energy storage DR portfolios in California, Hawaii and New York. 🔲 1. #energytransition = coal plant replaced by #batterystorage #cleanenergy 2. Plus Power’s Mission = Solving hard #climate problems 3. Announcement: World's most advanced battery energy storage system comes online, speeding Hawaii's transition to 100% renewable energy KES, Plus Power's 185MW / 565MWh BESS is online! ◻ Video: Plus Power/Canary Media/Khon/globalnetwork© follow globalnetwork© ◻ follow globalnetwork© #ev #electrovehicle #pluspower #tesla #teslamegapack #Kapolei #energystoragesystem #hawaii

LFP battery storage with zero degradation (over the first 5 years of operation), apperantly China's CATL – the world's largest EV battery producer – has launched TENER, which is described as the "world's first mass-producible #energy storage system with zero degradation in the first five years of use." TENER is a bit like Tesla's Megapack, in that it's a big #battery pack housed within a metal box that's designed to store energy from intermittent renewables such as #solar and #wind. CATL has managed to house 6.25 MWh of L-series long-life Lithium Iron Phosphate batteries within a 20-ft-equivalent container, for an energy density of 430 Wh/L (for context, a Megapack's unit capacity is 3.9 MWh). This is reported to translate into a 30% energy density increase per unit compared to previous iterations, which should mean a smaller footprint for new multi-unit installs or more juice for existing power stations. A TENER unit is reported to have a charge/discharge cycle life exceeding 15,000, and is expected to have a 20-year operational lifespan. https://lnkd.in/etuuTe7Q

Disruption Alert: Tesla Energy starts to show its massive potential as a global Energy Trader. In the past year from Q2 2022 to Q2 2023, Tesla Energy reported over $700 mn of profit from solar and storage. Now it is reporting over $300 mn from trading with Autobidder. That's over a $1 bn profit from a side of Tesla that few are paying attention to. No wonder it is "making electricity utilities nervous". It should be making anyone investing in the green energy market nervous if they haven't thought through the implications for their strategy. https://lnkd.in/eTkuS5bY See my article https://lnkd.in/e2HREkWY #greenenergy #Tesla #grid #energytrading #renewables

Shell today announced an agreement to sell Shell Energy Retail, its domestic energy supply businesses in GB and Germany, to Octopus Energy. Octopus Energy is already the second largest household supplier in GB. Once the transfer of customers is complete, its market share would be 20.8% (based on our latest market share data at 30 April 2023). This marks the second major customer book acquisition by Octopus Energy in the last year, after the transfer of Bulb’s customers to the supplier in early 2023. The transfer of Shell’s customers will represent an increase in customers numbers on a similar scale. This would also increase market concentration, taking the Herfindahl-Hirschman Index (HHI) score to 1,863. Markets above a score of 1,500 are considered to be “moderately concentrated”. This is the highest measure of concentration in the domestic supply market since early 2016. If you want to stay up-to-date on the retail energy market, find out more about our Domestic Market Share Survey here: https://bit.ly/3PlcXUR

⚡ MaxVolt Energy Secures Funding to Launch Fast Charging Lithium-Ion Batteries. In a notable development, MaxVolt Energy, a pioneering energy solutions company, has successfully secured funding to introduce fast charging lithium-ion batteries. Here's a brief overview: 💰 Funding Acquisition: - MaxVolt Energy has received investment to facilitate the rollout of fast charging lithium-ion batteries, signaling investor confidence in its innovative energy storage solutions. - The funding injection will provide MaxVolt Energy with the necessary resources to develop and commercialize its fast charging battery technology. 🔋 Technological Innovation: - MaxVolt Energy specializes in developing advanced lithium-ion battery solutions designed to deliver fast charging capabilities and enhanced energy efficiency. - With the backing of this funding, MaxVolt Energy aims to further refine its technology and address the growing demand for high-performance energy storage solutions. 🚀 Market Expansion: - The introduction of fast charging lithium-ion batteries presents significant opportunities for MaxVolt Energy to expand its market reach and cater to diverse industries. - The funding round will support MaxVolt Energy's efforts to penetrate new markets and establish partnerships with key stakeholders in the energy sector. 🌟 Sustainable Impact: - MaxVolt Energy's fast charging lithium-ion batteries offer not only technological advancements but also contribute to sustainability efforts by promoting the adoption of clean energy solutions. - The funding received underscores the importance of investing in innovative technologies that drive positive environmental and economic outcomes. MaxVolt Energy's receipt of funding represents a significant milestone in its mission to revolutionize the energy storage industry with fast charging lithium-ion batteries. Maxvolt Energy #MaxVoltEnergy #FastCharging #LithiumIonBatteries #Funding #EnergySolutions #StartUpNews #BusinessNews #MicroShots #NewsUpdates

#GridScaleBatteries #Hawaii #Tesla #Megapack #PlusPower #KapoleiEnergyStorage "A Tesla Megapack battery system has officially turned on to replace Hawaii’s very last coal power plant. In early 2022, we reported that Tesla is deploying Megapacks at a new energy storage project that will replace Hawaii’s last remaining coal plant. The project, called Kapolei Energy Storage, is located on the industrial west side of Oahu and consists of a massive 185MW/565MWh Tesla Megapack system. Ironically, the Megapacks arrived late in late 2022 along with Hawaii’s last shipment of coal for the state’s last coal plant, which closed in September of the same year. It took a while, but today, Plus Power, which owns and operates the battery system, announced that the energy storage project is now online. The company claimed that it is ‘the most advanced grid-scale battery energy storage system in the world’: Plus Power announced it has begun operating its Kapolei Energy Storage facility on Oahu, Hawaii, the most advanced grid-scale battery energy storage system in the world, helping transition the state’s electric power from coal and oil to solar and wind. The 158 Tesla Megapack 2 XL battery units are going to be used for load shifting and fast-frequency response services on the Hawaii Electric grid. It will enable better use of the state’s increasing renewable energy. ..."

Tesla’s energy generation and storage division deployed 9.4 GWh of energy storage products in Q2 2024, more than doubling its previous record, set in the prior quarter, the company said July 2. Tesla Energy deployed 4.1 GWh of energy storage in Q1 2024, bringing its total storage deliveries to 13.5 GWh in the first half of 2024. The company delivered 14.7 GWh of storage in all of 2023, according to its financial reports. “Our non-automotive business is becoming an increasingly profitable part of Tesla,” the company said in its Q1 2024 earnings report. “As Megapack continues to ramp and as our fleet continues to grow, we are expecting consistent profit growth of our non-automotive business.” Tesla Energy Tesla Blog – Power Generation (Utility Sector) - https://lnkd.in/gTZbdZsS