Sweden-headquartered lithium-ion technology Northvolt has concluded its strategic review, revealing it is divesting or ceasing non-core activities, sharpening its focus to battery cell manufacturing and reducing its workforce.
Would-be battery manufacturers that could serve the US energy storage industry with domestically made cells are facing a “perfect storm,” Energy-Storage.news has heard.
Battery energy storage system (BESS) integrators Fluence and Saft have launched US domestic manufacturing, of modules and BESS containers respectively.
Indian multinational conglomerate Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.
US firm Natron Energy has announced plans for a sodium-ion gigafactory in North Carolina, while two Chinese firms have firmed up their projects, all-in-all totalling over 30GWh of annual sodium-ion production capacity.
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The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and energy storage manufacturing.