Northvolt has now raised in excess of US$3.5 billion of financing towards its aim of establishing 150GWh of advanced battery manufacturing facilities in Europe by 2030.
An examination, analysis and perspectives on the takeaways and highlights beyond the hype of Tesla’s latest and most ambitious plans yet, from market analysts, technologists and more.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
Batteries, hydrogen and other energy storage should be a “key topic of energy policy,” in the EU, Members of European Parliament (MEP) that worked together on formulating a report into the role of storage in a decarbonised, fair and secure energy system have said.
Canadian energy storage technology manufacturer Eguana Technologies has reported greatly increased revenues in its latest quarterly financial results, with the company making recent deals in territories including Japan and Germany.
Lithium iron phosphate (LFP) chemistry batteries’ perceived safety advantage over their ‘rival’ nickel manganese cobalt (NMC) may be overstated and claims to that effect stand in the way of “transparent discussion”, Energy-Storage.news has heard.
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.
Climate-smart principles must steer the global search for the minerals and metals required by the green energy boom to make sure the process remains sustainable, according to the World Bank.
