The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
Proposed updates to EU legislation on batteries that aim to address some of the issues associated with Europe’s supply chain have been welcomed by trade industry association RECHARGE, albeit with the suggestion that they may be too complex in their current form.
One of the planet’s most abundant elements, hydrogen has the capacity to be a game-changer in decarbonising the global energy system, writes Janice Lin, founder and CEO of the Green Hydrogen Coalition.
An examination, analysis and perspectives on the takeaways and highlights beyond the hype of Tesla’s latest and most ambitious plans yet, from market analysts, technologists and more.
Chinese companies CATL and KSTAR have begun supplying ‘all-in-one’ single phase residential energy storage solutions in Europe, kicking off with the market for home storage in the Netherlands.
Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
