Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
Iberdrola is to develop a landmark solar-storage-hydrogen facility in central Spain, professing it to be the largest industrial green hydrogen facility in Europe once complete.
While we do acknowledge the challenges faced as a result of COVID-19, we cannot afford to lose sight of the opportunity renewable energy and energy storage solutions, such as the Vanadium Redox Flow Battery (VRFB) present, argues Paul Vollant, Director of Sales and Trading at vanadium supplier Largo Resources.
Bringing a proven, flexible, virtual power plant (VPP) platform into North America is a step towards “unleashing the potential” of distributed energy, the chief commercial officer of UK-headquartered solutions provider Kiwi Power says.
US equipment manufacturer and engineering solutions company Honeywell has signed a contract to supply what is thought to be the Ukraine’s first large-scale battery energy storage system.
Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.
A new project called ‘Zero Carbon Lithium’ is being established in Germany by a start-up lithium exploration company with the aim of establishing carbon neutral lithium production.
