Global battery storage system integrator Fluence raised its full-year guidance again after a strong third quarter, while revealing battery cell orders with AESC and Northvolt.
The Investment Management Corporation of Ontario (IMCO) has bought convertible notes worth US$400 million in European lithium-ion gigafactory firm Northvolt.
European lithium-ion gigafactory firm Northvolt has completed construction of its energy storage system (ESS) production facility in Poland and expects to start production by the end of 2023.
More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act, according to a new study.
Gigafactory firms Northvolt and Britishvolt have commented on news reports that economic conditions are negatively affecting their plans, in statements provided to Energy-Storage.news.
Mobile battery storage rental company Greener Power Solutions plans to diversify its supply base away Alfen and has already bought a unit from Northvolt.
Startup Group1 is seeking to commercialise cathode materials for potassium-ion batteries, a world-first, while Northvolt is seeking to build batteries using a tree-derived carbon material lignin.
Lithium-ion gigafactory company Northvolt’s energy storage system (ESS) assembly factory in Poland has won a share of €1.8 billion (US$1.8 billion) in EU grant funding, along with a battery recycling plant in north France.
Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.
European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.
