What’s the biggest problem facing battery startups?

It might be ambition.

To break into the battery business, startups have focused on designing, manufacturing and selling their own lithium-ion or rechargeable zinc batteries. Unfortunately, it’s a high-risk, capital-intensive endeavor that requires scientific creativity and engineering breakthroughs. Most companies fail in the early stages.

[Source & read more: Greentech Media]

Saft Li-ion (lithium-ion) battery technology is providing the energy storage at the heart of ABB’s new SVC Light concept that will be a key element in the creation of the Smart Grid essential to handle significantly increased levels of renewable generation. The SVC Light with Energy Storage adds a significant new dimension to ABB’s Smart Grid philosophy by combining energy storage capability with its well-established SVC Light technology. This approach will alleviate many of the concerns related to the addition of wind power and solar energy generation to existing grids by helping to level out intermittent production and support demand response.

[Source & read more: Saft]