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Industry news

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

BMW and Dräxlmaier establish joint battery production in Thailand

The BMW Group has announced that from 2019 onward it will, in partnership with the Dräxlmaier Group, establish “local high voltage battery production” in Thailand.

BMZ selects new US Headquarters in Virginia Beach

German lithium-ion manufacturer BMZ has selected a new location in Virginia Beach, where it is currently headquartered, to expand its manufacturing operations.

Korean-German partners launch ‘sustainable cobalt’ project in DRC

South Korean firms Samsung SDI and Samsung Electronics are teaming up with German car giant BMW and chemicals group BASF for a joint pilot cobalt mining project to “enhance sustainable mining” for batteries production.

African Development Bank bolsters South's clean energy transition

The African Development Bank (ADB) has approved a ZAR 3 billion (US$220 million) loan to help realise South Africa’s Redstone Concentrated Solar Power Project.

Storage4EU showcases “innovative and inspiring storage projects”

In an effort to highlight some of the successes of energy storage projects hitherto and inspire similar ventures henceforth, the European Association for Storage of Energy (EASE) has unveiled a new initiative to showcase “some of the most innovative and inspiring storage projects supporting the energy transition”.  

US and Israel Cooperate on Clean Energy

The US Department of Energy (DoE) and Israel’s Ministry of Energy (MoE) have together selected seven clean energy projects, to which they will grant US$6 million under the Binational Industrial Research and Development (BIRD) Energy programme.

Sun rises on US-Japanese partnership for solar-plus-storage

US-based solar-plus-storage specialist Sunnova Energy and Japanese sogo sasha (general trading company) Itochu have entered a business alliance “to promote the service and capabilities of solar plus storage solutions in the United States.” Under the agreement, Itochu has made an (undisclosed) equity investment in Sunnova.

Investment boost for Massachusetts battery start-ups

24M Technologies manufacturing process

Two battery technology start-ups in Massachusetts have filed paperwork indicating that they have each raised more than US$20 million in new investment.

Arsenal gunning for battery storage

Ribbon-cutting ceremony for BESS at Emirates Stadium

London-based Arsenal Football Club has become the first UK football club to install significant energy storage, after unveiling a lithium-ion battery system that will store enough energy to power Emirates Stadium for the duration of a match.

US transport chief to form lithium safety groups

Elaine Chao

The US government is forming groups of experts to study lithium-ion battery safety issues in manufacturing and transportation.