Search results for Battery energy storage system
Industry
Hanwha Power wins approval for 151 MWh battery ESS electric container ship design
Hanwha Power won approval from U.S. classification society ABS for the concept design of a 1,700-TEU battery-powered container ship, the company said on Thursday. The design applies a large-capacity 151 MWh battery energy storage system and uses container-type batteries to secure propulsion power. It is designed to operate without direct carbon emissions while sailing by linking with port charging infrastructure. Hanwha Power also plans to broaden its eco-friendly ship propulsion solution portfolio.
Industry
Tesla Megapack supply sold out through 2027, production ramp speeds up
Most of Tesla\'s 2027 supply of its large energy storage system Megapack has been taken up, as demand rises, driven mainly by growth in AI data centres. The International Energy Agency expects global data centre power use to nearly double by 2030. Tesla has started production at its Texas Megapack plant and is strengthening its U.S. battery sourcing by shipping its first Megapack made only with LFP cells produced in Nevada.
Industry
Chinese battery exports face headwinds; can Korean makers narrow gap in Europe
China\'s battery industry is facing narrowing export routes as Beijing withdraws tax support for mainstream lithium-ion batteries and shifts focus to next-generation technologies, while the European Union moves to curb exports of Chinese hybrid and plug-in hybrid cars. Analysts say Korean battery makers with production bases in Europe may get a chance to narrow the price gap. The EU also plans tougher origin requirements for subsidies, raising pressure on Korean firms to localise sourcing.
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Industry
LG Energy Solution joins Nvidia DSX Ready as first South Korean battery maker
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Industry
Australia\'s first eight-hour grid battery begins operations using 144 Tesla Megapacks
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Industry
BYD overtakes Tesla to top global BESS market in 2025
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Finance
Shinhan Bank expands green energy cooperation with Shinhan Asset Management, Hyosung Heavy Industries