EVLO Energy Storage vice president of business development and sales Martin Rheault speaks with Energy-Storage.news about differences in the US and Canadian storage markets, EVLO’s products, and changes in the US energy storage market.
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.
The European Union (EU) has launched the Clean Industrial Deal and Affordable Energy Action Plan, which dedicate at least €100 billion towards boosting industry, manufacturing and speeding up the rollout of renewables and energy storage.
European lithium-ion OEM Northvolt has sold the division in which its ESS manufacturing plant in Poland sits, as it continues to divest non-core assets amidst its ongoing Chapter 11 bankruptcy.
Battery Council International (BCI) is asking congress to defend domestic battery supply chains. BCI published a briefing for legislators outlining steps to “create jobs, support domestic battery manufacturers and defend the US economy from unfair foreign competition.”
