A major supply deal and exchange of energy storage system (ESS) technologies and components has been agreed between Honeywell and Norwegian lithium-ion battery manufacturing startup FREYR Battery.
Fluence has entered a collaboration with solid-state lithium-metal battery startup QuantumScape, with the pair working together to develop stationary energy storage solutions using the new technology.
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.