Germany-based BESS integrator Intilion and its parent company Hoppecke have decided not to pursue a public listing because of the ‘current capital markets environment’.
Metals group BASF has begun commissioning on what it claimed is the first combined battery cathode materials production and recycling plant, in Germany.
We caught up with Cling Systems, a B2B trading platform for end-of-life lithium-ion batteries which has seen 400MWh of volumes in aggregate for second life energy storage to-date.
The Italian grid-scale energy storage market is set to become one of the most active in Europe in the next few years having been close to non-existent until now.
Two 5MW/10MWh battery storage units have entered commercial operation in Vermont, US, owned by Strata Clean Energy, deployed by LS Energy Solutions, and financed using the new investment tax credit (ITC).
The Investment Management Corporation of Ontario (IMCO) has bought convertible notes worth US$400 million in European lithium-ion gigafactory firm Northvolt.
The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.
