Nilar, a Sweden-headquartered producer of nickel metal hydride chemistry batteries aimed to compete with lithium-ion and lead acid, will receive €47 million (US$55.45 million) in funding from the European Investment Bank (EIB).
Dr Kai-Philipp Kairies, a battery scientist and CEO of battery software start-up ACCURE, spoke to Andy Colthorpe about how his company aims to be a ‘software-as-a-service’ provider in negotiating the complexity of managing batteries.
Blockchain technology and a digital trading platform enables sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.
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.
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.
