Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.

While the performance of lithium batteries has increased tremendously, there’s still room for improvement to lower cost, increase sustainability and maximise their impact on decarbonisation, says Marcos Ierides, consultant and materials expert at innovation consultancy Bax & Company.

BASF is using NGK Insulators’ sodium sulfur batteries as its entry point into the energy market, with the German chemical company signing up as a sales partner to the Japanese manufacturer.

Over the next five years, a US$50 million pot will be invested to promote a sustainable supply chain for lithium, graphite and the other minerals and metals

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.

Tesla has acquired German engineering firm Grohmann Engineering to form a new advanced automation segment of its business, producing manufacturing equipment for its factories in the US.

Energy Storage News visited the offices and production facilities of Sunamp, a maker of heat batteries, in East Lothian, Scotland to hear how the systems are made and how they were developed.