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Industry news

All the news and views from the world of energy storage and associated industries.

Sixteen companies form European association to drive flow battery deployment

An international not-for-profit association has been formed by 16 companies with the goal of accelerating the deployment of energy storage and flexibility solutions through flow battery technology.

 

BCI names lead battery firm East Penn's CEO as its new president.

Trade association Battery Council International has named Chris Pruitt (pictured) as its new president.

 

Firms partner to make reference 24V deep-cycle lead-acid batteries

Lead-acid battery firm East Penn Manufacturing has begun producing AGM reference batteries on a prototype line that uses silicon technolgy from fellow US firm Gridtential Energy.

 

 

UK firm secures funding to build Europe’s first large-scale lithium-ion battery refinery plant

Mineral processing company Green Lithium has secured a £631,000 ($878,000) grant to support its plan to build and operate Europe’s first large-scale lithium refinery in the UK.

 

LG Energy and GM joint venture announces plans for $2.3B US battery plant

Ultium Cells, a joint venture between LG Energy Solution and General Motors, will invest $2.3 billion to build its second battery lithium-ion cell manufacturing plant in the US. 

 

Start-up raises $20M to ramp up lithium-ion recycling and NMC cathode manufacturing

Vertically integrated lithium-ion battery company Battery Resourcers has completed a Series B equity round to support the development of a commercial-scale recycling processing facility.

 

Lithium-ion ESS now cheaper than traditional peaker plants for supplying power

Energy storage systems using lithium-ion batteries are 30% cheaper over their lifetime compared with fossil fuel powered peaker plants, according to a report from Australia.

 

GM leads $139M funding round to accelerate lithium-metal battery development

US vehicle maker General Motors has led a $139 million Series D funding round into lithium-metal developer SES.

 

Billion-dollar joint venture to build lithium-ion gigafactory in Thailand

Plans to build an 8GWh lithium battery plant in Thailand have begun with a joint venture agreement between zero emission vehicle pioneer Evlomo Incorporated and Rojana Industrial Park.

 

AMG Lithium secures land to build 20,000tpy lithium-ion materials plant in Germany

Critical metals firm AMG Lithium is set to build a battery-grade lithium hydroxide production plant in Germany.

 

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