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.
EU decision-makers have recognised the key role energy storage can play, integrating it into the EU’s Clean Energy Package (CEP) in some critically important ways. Valeska Gottke at BVES looks at how Germany’s industry is working towards these same goals.
Rolls-Royce Power Systems, the Germany-headquartered engines and propulsions company in the Rolls-Royce Holdings group, has taken a majority interest in microgrid and hybrid power solutions company Qinous.
European Commission greenlights €3.2bn research plan by seven major states to turn continent into global battery hub even as it signals it is ready to block imports on environmental grounds.
Northvolt, the start-up aiming to manufacture lithium-ion batteries on a massive scale in Europe sustainably, has signed a contract to deliver its own first commercial energy storage system (ESS) project and revealed news on a second planned ‘gigafactory’ in Germany.