Metals group BASF has begun commissioning on what it claimed is the first combined battery cathode materials production and recycling plant, in Germany.
Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.
The Investment Management Corporation of Ontario (IMCO) has bought convertible notes worth US$400 million in European lithium-ion gigafactory firm Northvolt.
Vertically integrated US energy storage company Kore Power has received a conditional commitment from the US Department of Energy (DOE) for a $850 million loan for its Arizona gigafactory.
The US now has a larger pipeline of lithium-ion manufacturing projects than Europe, according to Clean Energy Associates (CEA) and Benchmark Mineral Intelligence.
Mobile battery energy storage system (BESS) firm Moxion has announced plans to build a manufacturing plant in California with 7GWh of production capacity, in a launch ceremony attended by the state governor.
European lithium-ion gigafactory firm Northvolt has completed construction of its energy storage system (ESS) production facility in Poland and expects to start production by the end of 2023.
System integrator Energy SpA and its vertically integrated peer Pylon Technologies have formed a joint venture (JV) to set up a gigafactory in Italy producing batteries for energy storage.
Utility Xcel Energy has received a US$20 million grant commitment from VC firm Breakthrough Energy for projects using Form Energy’s iron-air battery, while a sodium ion battery firm has secured bridge financing.
