A battery storage ‘gigafactory’ in India will commence operation in October this year, with a planned ramp-up to 20GWh annual production capacity within three years.
The European Union’s new Batteries Regulation will be a driver of change in how the energy storage system industry thinks about procurement and managing batteries at the end of life.
Executives from Northvolt discussed the gigafactory company’s ramp-up after a slow 2023 and how the company intends to be competitive in the global market, as well as cell technology, recycling, sourcing from China and an eventual IPO.
Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.
Sodium-ion battery technology could be the “perfect solution for applications where energy density is not paramount,” according to the chief executive of battery tech company BMZ Group.
The COO of one of the few energy-storage focused lithium-ion gigafactory companies in Europe, Morrow Batteries, talked to Energy-Storage.news about the firm’s go-to-market strategy and what the future holds for Europe’s gigafactory space.
Europe’s response to the US’ Inflation Reduction Act (IRA) has been a big talking point at Giga Europe, and one panellist said the simplicity of the IRA has been key to its success.
The EU is ‘stepping up its game on battery gigafactories’, European Commission executive VP Maroš Šefčovič said at the Giga Europe conference today (12 March).
