The government of India has announced measures to promote new “Champion Sectors” of economic growth, including support incentives for advanced battery cell and solar PV manufacturing.
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants," according to BloombergNEF.
The COVID-19 crisis is bringing into the public eye the US’ dependency on importing goods, particularly batteries for advanced energy storage and electric vehicles, the CEO of a battery materials startup has said.
A new lithium battery recycling facility, established by operator Li-Cycle on a commercial basis at the well-known Eastman Business Park in New York State, answers both a growing need and an opportunity in an “unprecedented phase” of deployment, the company has said.
Lithium-ion battery cell costs could fall to as little as US$76 per kWh by 2030, from around US$139 per kWh this year, according to new analysis by Navigant Research.
Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.
Nuclear generation company Exelon and chemical company Albemarle, which has lithium mining facilities, are investigating opportunities in the energy storage space, having partnered with battery energy storage investor Volta Energy Technologies to do so.
A new solid state electrolyte for lithium batteries developed by Panasonic and nano-electronics and digital tech innovation hub imec has achieved “exceptionally high” ionic conductivity at room temperature.
Kodak, the tech company best known for producing photographic film and imaging equipment, has inaugurated the Kodak Cell Assembly Center, a new facility aimed at accelerating development and scale-up of advanced batteries for energy storage.
Two initiatives have got underway in Europe, one in Germany and the other in Britain, aimed at accelerating battery development for electric vehicles and stationary storage respectively, while vacuum cleaner company Dyson has pledged a US$1.44 billion commitment to batteries – for cordless cleaning devices.