We hear from US-based lithium sulfur battery firm Lyten executives about the firm’s deal to take ownership of European battery firm Northvolt.

Lyten’s deal to acquire and recommence operations of European battery firm Northvolt out of bankruptcy has winners and losers, but some of the challenges that led to its demise have already been solved.

US-based lithium sulfur battery firm Lyten has now acquired nearly all of the assets of failed European lithium-ion battery startup Northvolt, with this deal to buy its gigafactories in Sweden and Germany and all IP.

Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.

News in brief from around the world in energy storage.

A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology.

The acquisition of a “next generation” battery start-up by Bosch could be a milestone for the e-mobility sector, but represents a risk for the German engineering giant, according to one analyst.

British energy storage company OXIS has claimed that the advent of economically viable solar PV and energy storage technology represents a paradigm shift in developing countries.

US space exploration agency NASA is considering proposals for four different energy storage systems, submitted by academic institutions and private companies that could power its future robotic and human missions to space.

The battle of the chemistries has long been alluded to in the energy storage space, and nowhere with greater frequency than with reference to battery chemistries.