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.”
A few weeks ago, a battery recycling deal was announced for a 640MWh BESS project in Australia, but the project isn’t even built yet and the cells have 25-year warranties – we caught up with the company recycling the batteries to hear more.
