Moixa Energy Holdings wants its wall-mounted battery systems in a million homes by 2020. Pic: Moixa.
By Jason Deign
A UK energy storage system developer is looking to go from 650 installations today to 1m by 2020 with an aggregation-based residential business model.
London-based Moixa Energy Holdings is positioning itself as a utility’s friend by aggregating residential storage assets into a virtual power plant that provides ancillary grid services, then sharing the rewards with its customer base.
On its website, the company claims its GridShare service can earn homeowners between GBP£50 and £75 a year, or “almost 15% of the average electricity bill.”
Chief executive Simon Daniel told Energy Storage Report that 2016 was a scaling-up year for Moixa, which began piloting smart battery technology in 2012 and launched its current products two years ago.
The company is expecting to shift up to 100,000 storage systems within the next 36 months, Daniel said. And although Moixa is looking to bolster sales abroad, most of that capacity could go online in the UK. Read more →
Demand Energy’s DEN.OS software platform is helping New York buildings to benefit from the state’s demand management programme. Pic: Demand Energy.
By Jason Deign
Demand Energy last week announced completion of the first five energy storage projects in New York’s Demand Management Program (DMP).
One of the five 100kW, 400kWh behind-the-meter energy storage systems installed in five separate Glenwood properties across Manhattan has already passed measurement and verification (M&V) testing.
M&V certification is currently underway with the other four projects within the DMP, which is managed by utility Consolidated Edison (Con Ed) along with the New York State Energy Research and Development Authority (NYSERDA).
The aggregated behind-the-meter systems, with batteries from EnerSys, are powered by storage system developer Demand Energy’s Distributed Energy Network Optimization System (DEN.OS).
“We have been working during the off-peak season to install and interconnect the next four systems which make up the first 2MWh of installations for Glenwood,” said Shane Johnson, vice president of client services. Read more →
Highview’s pre-commercial demonstration plant is due to enter operation this summer. Image credit: Highview Power Storage.
By Jason Deign
Highview Power Storage has launched a growth capital fundraising round amid commissioning for its first pre-commercial liquid air energy storage plant.
The 20-strong UK company is looking for an unspecified amount of cash but will most likely not be talking to venture capital (VC) investors, head of business development Matthew Barnett told Energy Storage Report.
“Rather than going down the VC route, we’re sticking with high-net-worth angel investors and strategic investors,” he said.
The latter group might include businesses that could add value to Highview’s offering, such as an engineering capability, a route to market or complementary technology, said Barnett.
“If a VC came up with GBP£15m then that’s a different story, but there’s a time and a place for a VC to be involved,” he continued. “Maybe we’re entering that now, maybe we’re not. Read more →
Kreisel today launches a residential battery with improvements developed for the automotive sector. Pic: Kreisel.
By Jason Deign
Kreisel Electric has become the latest battery vendor to take on the Tesla Powerwall with the launch of a residential energy storage product today.
The Austrian industrial firm is looking to improve on Tesla’s trailblazing battery pack with a system that uses the same 18650-size lithium-ion cells, with a few significant manufacturing improvements.
Critically, Kreisel uses a laser system to solder connections to each cell in the battery. This is in contrast to traditional manufacturing processes where welding is employed.
The heat generated from the welding process damages cells before they are even used, said Christian Schlögl, head of business development. “With our laser technology we don’t destroy the cell,” he told Energy Storage Report.
The laser manufacturing process helps make sure all of the 8,000 or so cells in each battery have the same capacity and voltage once connected, so there is no need to balance them afterwards. Read more →
Aquion Energy batteries are being used to store solar energy for nighttime illumination along Thailand’s Sky Lane, a 23.5km bicycle track at Suvarnabhumi Bangkok International Airport. Photo: Aquion.
By Jason Deign
Saltwater battery manufacturer Aquion Energy is aiming to cut the price of its batteries by up to 50% within a decade, a company executive confirmed.
Newly named chief commercial officer Tim Poor said it was “very reasonable” to expect a 25% to 50% cut in costs once current manufacturing facilities reached full scale, which would happen within “single-digit years.”
Aquion currently has manufacturing capacity for 200MWh of batteries a year, based on a single production line. But the company’s factory has space for four more lines, allowing for up to 1GWh of capacity to be produced a year.
Poor said the company was planning to double production in the fourth quarter of this year. Aquion has so far shipped 20MWh of storage to about 200 customers, with 50% of products going for export, he said.
Historically, though, Aquion has tended to attract attention for its fundraising escapades rather than its business growth. Read more →
Encell claims to have a battery chemistry that can beat lithium-ion and lead-acid. Image: Encell.
Battery start-up Encell Technology is taking aim on emerging markets with a residential-scale product that bucks the current trend for sleek, eye-catching design.
The company’s Fused Iron batteries are visually unimpressive but able to perform better and withstand a much wider range of operating conditions than lithium-ion (Li-ion) rivals, said Encell chairman and founder Robert Guyton.
“There are fundamental trade-offs in lithium-ion when it comes to cost, cycle life and safety,” he said. “It’s a zero-sum game.”
Nickel-iron batteries have low specific energy and poor charge retention but are popular in mining because of their long operating life, of up to 20 years with regular cycling, and their ability to withstand harsh environmental conditions.