Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.
Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.
Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, has won a contract to deploy 5.4GWh of battery energy storage systems in its home market.
