Northvolt, the startup which recently netted a US$1 billion equity raise for its initial lithium battery ‘gigafactory’ in Sweden, has said that its ambitions extend deep into the energy storage solutions space, in addition to its involvement with major carmakers.
Multinational chemicals company BASF has furthered its interest in the energy storage industry, partnering on the development of ‘metal-free’ flow battery electrolytes with German startup JenaBatteries.
While energy storage system (ESS) batteries are often described as stationary storage to distinguish them from batteries used in automotive applications, a new partnership in Europe turns containerised ESS into mobile power sources.
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.
Testing of Yotta’s microstorage units at CSUDH’s campus in Carson marks new mainstreaming attempt for hybrid technology others have tried to take to commercial viability in the past.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
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.
