This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Northvolt and Mälarenergi are partnering to establish a batteryenergystorage system at an electric vehicle charging station in Västerås, Sweden. The battery system will provide power output up to 220 kW and a usable energy capacity of 320 kWh. —Emad Zand, President Energy Solutions, Northvolt.
ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energystorage system using second-life batteries from electric vehicles. The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV.
Aquion Energy, Inc., a developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and stationary energystorage systems, recently completed the closing of a $55-million Series D financing round. The batteries have shown high cycle life of more than 5,000 cycles at high rates, (100% DoD).
The US Department of Energy (DOE) released the EnergyStorage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Categories of storage included in the EnergyStorage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2
Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energystorage, smart grid, and energy efficiency sectors. Corporate funding for energystorage, smart grid, and energy efficiency companies.
Eos EnergyStorage, a developer of zinc-air grid-scale battery technology, completed its $15-million Series B financing round with participation from a syndicate of 21 strategic and financial investors. Eos has developed Znyth, a zinc hybrid cathode battery technology. based NRG Energy, Inc. Based on the.
Merger and acquisition (M&A) deals in the smart grid, energystorage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research.
Energystorage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.
has filed a voluntary petition under Chapter 11 in the US Bankruptcy Court, District of Delaware (Petition Nº 13-11153) to enable the reorganization of its business solely around energystorage based on its Li-ion battery systems. Batteries Electric (Battery) Vehicle Manufacturers'
million contract for 20 Proterra ZX5 Max electric transit buses, featuring more than 13 megawatt hours of batterystorageenergy, and two Proterra megawatt-scale fleet chargers. Designed and manufactured in the United States, Proterra’s electric transit buses are equipped with the company’s own battery technology systems.
Boulder Ionics Corporation, a startup that has developed a novel, high-throughput, low-cost synthesis platform for producing ionic liquid electrolytes for use in advanced energystorage devices, completed a $4.3-million million Series A financing. With this $4.3 With this $4.3
Canada-based Li-ion battery maker Electrovaya Inc. completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. we continue to grow and address new opportunities in the clean transportation and stationary energystorage markets.
The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Earlier post.) Of that, $1.6
Energystorage, driven largely by electronics and plug-in vehicles, will grow at a compound annual growth rate of 8% to $50 billion in 2020, with significant shifts coming from the transportation industry, according to a new report by Lux Research. The report is part of the Lux Research EnergyStorage Intelligence service.
Ionic Materials has secured $65 million in a Series C financing round from a leading group of financial and strategic investors. The special properties of Ionic Materials’ polymer electrolyte allow the use of high-energy materials and support solid-state lithium-ion cells with little to no cobalt in their cathodes. Low cost precursors.
Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energystorage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energystorage in a second-life application. —Ylva Olofsson, Project Coordinator at Volvo.
a developer of lithium-ion batteries using silicon nanowire anodes ( earlier post ), has launched the first generation of its high-capacity and high-energy-density Li-ion batteries. Amprius has also signed contracts with its OEM customers to design batteries that meet custom specifications. Batteries'
and TAURON Polska Energia will implement a project titled “Second Life ESS” with the aim to create a prototype system to store electric energy based on retired electric bus batteries. The project is being co-financed by the National Center for Research and Development (NCBiR) in Poland.
The South Coast Air Quality Management District (South Coast AQMD) is leading a landmark effort along with the California Air Resources Board (CARB) and the California Energy Commission (CEC) to deploy 100 battery-electric regional haul and drayage trucks across California.
Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. EnergyX) has secured commitments of $20 million in financing. Rising global demand for electric vehicles and economic energystorage systems has led to projections showing an orders-of-magnitude increase in demand for lithium.
CalCharge , a California initiative designed to accelerate breakthrough energystorage technologies, welcomed six new member companies, including Bosch and Toyota Motor Corporation. The CalCharge CRADAs also help national labs, funded by the Department of Energy, find and work with pioneering companies. CalChargeLLNL.
24M Technologies launched as a new venture focused on commercializing next-generation energystorage systems based on technology out of A123 Systems. 24M will initially focus on grid storage applications. 24M will initially focus on grid storage applications. Earlier post.).
the production lines at its advanced automated lithium-ion battery factory, in. The first deliveries from Jacksonville have included hundreds of cells for battery assembly for European customers. The 235,000-square-foot facility, which will employ 300 people once completely invested, was partly financed by a $95.5
The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The first is with Envision AESC —a long-standing partner of Nissan; the second is with Verkor , a Grenoble-based start-up specialized in development of EV battery cells.
Aquion Energy , Inc., a developer and manufacturer of Aqueous Hybrid Ion (AHI) stationary energystorage systems, has completed the first closing of a $35 million Series D financing round. The batteries have shown high cycle life of more than 5,000 cycles at high rates, (100% DoD).
a provider of energy intelligence software (EIS), will collaborate with Tesla on the deployment and management of energystorage systems in commercial and industrial buildings. Tesla announced its PowerWall line of stationary Li-ion batterystorage systems last night. EnerNOC, Inc., Earlier post.).
Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energystorage system to the US. This will also be Mercedes-Benz Energy’s first collaboration with a US solar provider. Each energystorage system will consist of modular 2.5
Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. The patented material has also shown superior characteristics in molecular sieving, hydrogen storage and in electroactive devices, Skeleton says.
a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.
This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles.
It further strengthens our long-term commitment and focus on our Project as we work together with CATL to bring 3Q into full development by building a comprehensive financing plan. In 2019, the company’s EV battery sales volume reached 40.25 GWh worldwide, making it the world leader in annual EV battery consumption volume.
South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC). —Cyrus Rustomji, Ph.D.,
The awardees went through a rigorous process including a review with CalSEED’s curated technical advisory committee, who volunteered their time and expertise to select the most promising future clean energy technologies. rechargeable battery?technology?that the cost of energystorage?by Innovasion Labs PINC, Inc.
Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storagebatteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.
Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.
recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. We look forward to expanding our partnership with Exro and helping to optimize the utilization of batteries in a second-life application. SEA Electric Holdings Pty Ltd. SEA-Drive 120b Power-System.
Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the BatteryStorage, Smart Grid, and Energy Efficiency sectors for 2019. BatteryStorage. billion compared to $2.8 billion raised in 2018.
TWAICE, a battery analytics company, has secured $30 million in additional Series B financing led by global investment firm Coatue. Current demand for high-performance battery technologies is driven by the acute need for reliable renewable energystorage and the move to all-electric line-ups by automotive manufacturers globally.
The joint venture company will manufacture formulated electrolytes for lithium-ion battery cell manufacturers in the energystorage market. The Dow Chemical Company announced that its 50-50 joint venture with Ube Industries, Ltd., Advanced Electrolyte Technologies LLC, has secured all necessary regulatory approvals.
The total worldwide manufacturing capacity of lithium-ion batteries for electric vehicles will greatly exceed supply unless demand by automakers increases significantly in the short-term, according to new research by Bloomberg New EnergyFinance (BNEF). As a result of the overcapacity, battery prices are poised to fall.
Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global BatteryStorage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. BatteryStorage.
announced plans to acquire the assets of a battery manufacturing plant with annual capacity of about 0.5 The plant’s output, when converted into battery systems, has a revenue capacity of up to $250-$550 million. Revenue capacity of up to $250 million to $550 million for battery systems with 0.5 Electrovaya Inc.
Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content