Battery manufacturer CATL and system integrator HyperStrong have entered into a 60GWh sodium-ion battery order deal, which CATL said marks a ‘turning point in the industrialisation of sodium-ion batteries’.
The rapid digitisation of energy infrastructure represents a big challenge, says Michael Hudson, cybersecurity strategy director at Sungrow North America.
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.
Two US battery recycling companies, Redwood Materials, and Ascend Elements, are in less than optimal situations, with Redwood laying off 135 employees, and Ascend filing for Chapter 11 bankruptcy.
Measures to limit EU exposure to fossil fuel supply chain and energy price shocks are welcome, but many questions remain, clean energy associations have said.