KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).
Energy storage solutions company Leclanché claims an addition to its lithium-ion battery can reduce the risk of a thermal event by close to 80%, two months after a fire occurred in its battery production facility.
Aspen Aerogels has raised US$150 million in financing from a Koch family investment firm to help grow its aerogel thermal barrier technology division, including new products which prevent thermal runaway in batteries.
An incident which caused batteries to short has taken offline Phase II of Moss Landing Energy Storage Facility in Monterey County, California, the world’s biggest lithium-ion battery energy storage system (BESS) project.