Search results for Energy Storage Systems
AI & Enterprise
ADB to invest $50 billion in pan-Asian power grid by 2035
The Asian Development Bank plans to invest $50 billion by 2035 to build a pan-Asian power grid to meet rising electricity demand from the spread of AI. It also proposed an additional $20 billion for digital infrastructure, taking the total to $70 billion for energy and telecommunications projects. The plan aims to link national grids, expand renewable energy trade, improve power access, cut emissions and create jobs.
AI & Enterprise
Musk\'s xAI wins final approval for APR Energy acquisition to secure power for AI
Elon Musk has acquired mobile power equipment company APR Energy to secure electricity for xAI data centres needed to run the Grok AI service, the article said. The deal was cleared after the U.S. Federal Trade Commission ended its merger review early, allowing approval without additional antitrust scrutiny. The purchase has drawn attention as xAI relies on gas turbines at its Memphis supercomputer site and faces environmental lawsuits and regulatory scrutiny over emissions and permitting.
Industry
Superdielectrics unveils aqueous zinc battery after independent tests
British battery technology company Superdielectrics has released independent test results for its aqueous zinc battery and is targeting the energy storage market for AI data centres. The company said the battery offers a longer lifespan than lithium-ion cells in high-power use, along with faster charging and discharging and higher safety. It said a proprietary polymer separator enables rapid ion movement in an aqueous electrolyte. The company did not disclose energy density or capacity figures.
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Industry
LG Energy Solution selected as first AI distribution grid ESS operator
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Industry
Battery industry shifts to foundry model with Western design and Asian manufacturing
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Industry
Tesla launches Tesla Home AI energy management platform, questions raised over 5-year-old technology
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Industry
Automakers shift from batteries to drones and robots in AI era
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Industry
Samsung Electronics to reshape future industry portfolio with region-specific clusters
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Industry
Semiconductor hub expands to southwest as Samsung, SK outline 1,000 trillion won investment
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Industry
CATL unveils world\'s first demonstrated sodium-ion battery ESS, sets commercial supply timeline
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Industry
Preview of Electronica Shanghai puts Korean component makers\' premium ambitions to test
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Industry
LG Energy Solution targets Europe with AI data center power solutions
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Industry
Data centre power architecture shifts as BBU batteries emerge as new battleground
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Industry
Silicon anodes shake up EV battery market ahead of solid-state commercialisation
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Industry
Bright Energy Partners says solar, BESS holdings surpass 1.3 GW
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Industry
Posco Future M breaks ground on dedicated LFP cathode plant
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Industry
LG Energy Solution signs $1.6 billion ESS supply deal with DTE Energy
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Industry
SpaceX-Tesla merger talks resurface ahead of Nasdaq listing