Manz AG, manufacturing equipment supplier, has signed off on a €20 million (US$21.83 million) deal with “high performance” battery maker AKASOL for planned ‘gigafactories’ in Germany and in the US.
Action must be taken to build up domestic battery manufacturing capacity in the U.S. to meet demand for industrial-scale energy storage systems, argues Lindsay Gorrill, CEO of KORE Power.
Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.
Ares Infrastructure and Power has signed off on a partnership with Dimension Renewable Energy that will see both parties build and develop a portfolio of utility-scale battery energy storage projects in the state of New York.
Energy storage developer GlidePath has announced that it is readying for construction on 80MW / 320MWh of standalone battery storage projects in New York State.
An energy storage system made up of ‘second life’ batteries previously used in Renault’s electric vehicle (EV) has been deployed for Umicore, a multinational materials technology company headquartered in Belgium.
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.
