Stopping gas supply leading to accelerated deployment of energy storage projects? Let's take a look at the dynamics of the industry

　　Russia has taken very decisive action to stop gas supplies to the EU, which is very bad news as winter is approaching. And after a record-breaking hot summer, meteorologists generally expect a very cold winter.

　　The dilemma of traditional energy is difficult to solve in a short period of time. Many long-term investors or governments are already accelerating the deployment and construction of new energy projects, especially lithium batteries. At the same time, we began to incorporate lithium resources into national strategic materials.

　　SES Power is a professional lithium battery energy storage system integrator with nearly 20 years of experience. Because our products have high technical content and high cost performance, customers also praise us: we often use high-quality The lithium iron phosphate square aluminum shell battery cell is made of excellent products, such as lead-acid replacement products with Bluetooth or RS485 communication function (lithium iron phosphate battery 12V100Ah, 12V200Ah, 24V100Ah), high current (2000A) starting lithium battery, UPS high voltage Lithium battery system (up to 860V), 3Kw~20Kw off-grid, grid-connected, island-type lithium battery energy storage system, wall-mounted home energy storage system 48V100Ah, 48V200Ah, stacked energy storage system (single is 51.2V100Ah, the highest support 15 stacks) and so on. We are full of confidence in the development of the energy storage industry. Let us sort out the dynamics of the energy storage market for you.

　　(1): iM3NY builds a battery factory in North America and plans to increase its annual production capacity to 38GWh

　　Australia-based Magnis Energy Technologies, which has vertically integrated battery technology and materials capabilities, earlier announced that its joint venture subsidiary, Imperium 3 New York (iM3NY), has opened a battery production facility in Endicott, a small town in rural upstate New York.

　　(iM3NY installed and debugged the production line before the opening of the Endicott factory in New York)

　　The plant is expected to increase its annual production capacity to 38GWh by 2030. The products are mainly used in electric vehicles (EV) and lithium battery energy storage products.

　　Magnis Energy Technologies and its technology partner Charge CCCV (C4V) own the majority of iM3NY. C4V claims to have developed a lithium manganese phosphate battery called BMLMP.

　　BMLMP batteries operate at higher voltages than other lithium-ion batteries such as Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC), and their production does not require cobalt or nickel.

　　The production line is currently in the trial production stage of small batches, and it is expected to start production of finished cells in late September and sell them to customers, and then increase the annual output to 1GWh by the end of next year.

　　Their long-term plan is to increase their annual production capacity to 1.8GWh, which equates to 15,000 cells per day, and then 38GWh of annual production by 2030.

　　Magnis said the plant, which has been independently verified by consultancy Abt Associates as one of the more sustainable battery production facilities, uses electricity from a hydroelectric facility.

　　Chaitanya Sharma, CEO of iM3NY, said: "iM3NY has worked hard to achieve this important milestone, which is our only local battery production facility in North America. Despite challenging global environmental and supply chain issues, but we have managed to start production on schedule, which is a major achievement. We are now looking forward to increasing our annual production to over gigawatt-hours.”

　　This could be the first of its kind in North America, although some gigafactories operating in the U.S. have already announced the production of batteries for grid-scale energy storage systems.

　　Battery startup KORE Power operates a 12GWh gigafactory in Buckeye, Arizona, another battery maker American Battery Factory claims to have a lithium iron phosphate (LFP) gigafactory up and running within two years, while another startup Manufacturer SPARKZ is building a gigafactory in West Virginia that will produce cobalt-free solid-state lithium batteries suitable for grid applications.

　　The U.S. government has identified the need to bring more of the battery value chain into the U.S. as well as other countries, and recent policy moves such as the Infrastructure Act and the Reducing Inflation Act look to further boost domestic battery manufacturing.

　　Peter Silveira, senior director of manufacturing at Fluence, a battery energy storage system integrator and technology provider, said an increase in overall demand for batteries in the market will lead to more battery companies producing domestically in the United States. Meanwhile, Turkish battery producer Kontromatik said a few days ago that its leadership decided to expand the production capacity of its factories in the United States from 2GWh to 3GWh after the passage of the Inflation Reduction Act.

　　Not only lithium-ion battery makers could benefit from U.S. policy support, but energy storage makers as well.

　　On Aug. 12, the day the Reducing Inflation Act passed the U.S. Senate, Zinc8 signed a letter of intent to build a manufacturing center at iPark87, an industrial and technology park in Ulster County, New York's Hudson Valley.

　　The zinc-air battery made by Zinc8 lasts up to 15 hours and can be scaled to higher energy storage capacity as the size of the tank holding the zinc particles increases. They are currently piloting the battery storage system in a residential complex in New York City, with a 100kW/1.5MWh zinc flow battery storage system combined with an on-site cogeneration facility.

　　Zinc8 did not disclose the expected size or annual capacity of the production plant at this stage, but said it expects to create 500 jobs in the region.

　　Incentives will last at the initial level until 2029, then taper off from 2030. Meanwhile, the U.S. Infrastructure Investment and Jobs Act includes $6 billion in incentives to support U.S. battery R&D and production, as well as support for building domestic supply chains.

　　Due to macroeconomic and geopolitical factors, planned gigafactories in Europe may be delayed or not put into production on time.

　　(2) Barbados, a Caribbean island country, formulates energy storage policies and is expected to invest billions of dollars

　　The government of the Caribbean island nation of Barbados has formulated a national energy storage policy, predicting that the country's energy storage industry has the potential to invest billions of dollars.

　　Barbados Energy Minister Kerrie Symmonds said on Aug. 22 that when the government developed the policy, energy storage systems were expected to be the next frontier for renewable energy investment, according to local news outlets.

　　Symmonds said the most important part of the policy is that all large-scale renewable generation facilities must be equipped with energy storage systems.

　　Symmmonds said: “The energy storage system is expected to bring $1.75 billion in investment to Barbados. We are not looking at deploying a single energy storage solution, but several grid-related services. This is an independent power producer and investment The kind of service that most interested people.”

　　As the media reported earlier this year, Barbados is targeting 100% renewable energy use and carbon neutrality by 2030. In April, the Inter-American Development Bank issued a request for expressions of interest on behalf of the country for consulting services to help develop a competitive procurement framework for utility-scale renewable energy generation and storage systems.

　　Sonnen and ES Solar jointly implement virtual power plant plan to deploy 35MWh residential energy storage system by the end of 2022

　　German home energy storage and virtual power plant (VPP) Sonnen and solar power contractor ES Solar are expanding virtual power plant (VPP) programs in Utah and Idaho with the goal of deploying 35MWh of residential batteries by the end of this year energy storage system.

　　(Residential battery storage system installed by Sonnen)

　　Utility Rocky Mountain Power's (RMP) Wattsmart program gives residential battery storage owners the option to let RMP take control of their battery storage systems to support the grid in exchange for up-front incentives and ongoing bill credits.

　　RMP companies have direct control over registered battery storage systems and can be dispatched on demand to meet grid demands such as energy time shifting, load shedding, frequency response services.

　　ES Solar expects the deployment of battery storage systems to reach 35MWh in 2022 through the implementation of the Wattsmart program. As a result of the program, Sonnen's sales of energy storage systems have reached more than 6MWh per month, the company said.

　　In recent years, RMP has shifted its focus to a residential solar-plus-storage model with the Wattsmart scheme. The company claims that the model is helping build the largest smart home battery energy storage network in the United States. ES Solar was the first contractor in Utah to deploy the model.

　　ES Solar said it has deployed battery storage systems in up to 98 percent of new solar facility sales as part of the Wattsmart program, with more than 2,000 residential battery storage systems already registered. It is expected to add 1,500 customers by the end of 2022, reaching more than 5,000 by the end of 2023. The company mainly retrofits existing residential solar power generation facilities and deploys battery energy storage systems.

　　ES Solar is the first contractor to use Sonnen's latest technology, ES Solar's stackable SonnenCore+ system, launched in July 2022.

　　Sonnen Chairman and CEO Blake Richetta commented: "As the Wattsmart program evolves, ES Solar has successfully overcome the complex concepts and challenges associated with the effective integration of residential solar + storage projects into the wider energy system. "As this model scales to thousands of homes, battery storage will improve personal, social and environmental aspects, which is the ultimate goal of adopting residential solar-plus-storage projects."

　　The scheme is one of several high-profile virtual power plant (VPP) projects making progress in the US market.

　　If you have any questions about lithium-ion battery products or industry information, you are welcome to contact SES Power.