Energy Storage

LG Energy Solution Vertech (LG ES Vertech) was formed through the acquisition of NEC Energy Solutions by LG ES in 2022. The company acts as a BESS integrator.

Buses are increasingly turning electric to meet carbon emissions targets. Although battery electric sales are growing rapidly, fuel cell electric buses have struggled to grow at the same rate. This premium article assesses the reasons why and explores what opportunities remain for fuel cell buses.

CATL is the leading manufacturer of Li-ion batteries globally. The company also supplies BESS and launched its 6.25 MWh "zero-degradation" BESS in 2024.

This premium article focuses on immersion cooling for electric vehicles and players and partnerships in the field.

Electrification is tough. It has taken around 15 years to convince car owners that battery power is a viable alternative to their fossil fuel comfort blanket. In the construction, agriculture, and mining industries, electrification is an even steeper uphill battle. In these industries, if a machine runs out of battery, the operators will soon start losing money.

Gridwiz is a South Korean distributed energy resources (DER) renewables company that provides a range of energy solutions including EV charging. IDTechEx spoke to Gridwiz to find out more about its activities.

Narada Power (Narada) is based in China and is a battery cell manufacturer and BESS developer, supplier, and integrator. Narada offers grid-scale and commercial & industrial (C&I) scale BESS, as well as Li-ion batteries for base stations and data centers for uninterruptible power supply (UPS) applications.

Evove has developed membrane technologies that can harvest critical minerals (e.g. lithium from brine) and decarbonize desalination and the processing, treatment and recycling of liquids. Its products cover a range of markets including lithium, green hydrogen, desalination, food & beverage and water & wastewater. IDTechEx spoke to Andrew Walker, the Chief Commercial Officer at Evove, and this profile is based on the interview in April 2024.

BYD Energy Storage System is independently developed by the Chinese company BYD, is a key manufacturer of cells for Li-ion BESS, and also acts as a BESS supplier.

Vulcan Energy Resources Limited is a company that co-produces lithium chemicals and renewable energy from geothermal brine.

Since the conception of flexible battery technologies, suppliers have searched for strong application markets for their products. In the last five years, niches have finally begun to materialize, though the specific use case depends on battery technology.

SonoTek is a USA-based company, providing ultrasonic nozzles for spray coating. IDTechEx spoke to Bryan Hartz regarding the company's fuel cell activities.

Innovation map of the flexible battery technologies status.

The flexible battery market is relatively niche, however there has been interest from several different industries over the last few years. In this premium article, IDTechEx explores the methods of achieving mechanical flexibility in batteries, as well as the advantages and disadvantages of various approaches.

HyperStrong is a Chinese BESS developer and integrator at grid-scale, C&I-scale and residential-scale. The company was founded in 2011.

Innovation map for key applications of metal-organic framework (MOF) technologies and market activity.

Alkaline fuel cells (AFCs) are one of the oldest fuel cell technologies, first utilised for the Apollo Space missions in the 1960s. AFCs utilise a potassium hydroxide electrolyte contained in a porous matrix and operate at temperatures from 20-200°C. In this article, IDTechEx explores the technology and specifications of AFCs and the development of anion exchange membrane fuel cells as an alternative to AFCs.

Nanoramic Laboratories uses advanced nanocarbons for electrodes and as thermal interface materials. This profile will focus on Nanoramic's offerings for lithium-ion batteries and ultracapacitors with its Neocarbonix electrode technology.

This premium article provides immersion cooling fluid benchmarking for electric vehicles.

Powin Energy Corporation (Powin) is a battery energy storage system (BESS) integrator, based in Oregon, US.