We hear from startup Volklec which, like another European battery company Elinor, will build its batteries with a Chinese technology and manufacturing partner. They both say this will get around the challenges that ultimately doomed Europe’s first wave of battery startups, with Northvolt today declaring bankruptcy in Sweden.
Norway-based startup Elinor Batteries has launched a new product, the Orkan DC Block, which it claims will deliver 30% more energy density than existing products.
Chinese battery manufacturer Rept Battero has announced plans to develop an 8GWh gigafactory in Indonesia specialising in lithium-ion cells for battery energy storage systems (BESS).
Vanadium flow batteries could be a workable alternative to lithium-ion for a growing number of grid-scale energy storage use cases, say Matt Harper and Joe Worthington from Invinity Energy Systems.
Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.
European battery company Northvolt has filed for Chapter 11 ‘reorganisation’ bankruptcy in the US, which it said will allow it to restructure its debt to continue scaling the business.