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Industry news

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

Freudenberg doubles down on XALT Energy

Freudenberg Sealing Technologies is making a “multi-million dollar investment” to take a majority stake in XALT Energy, a Michigan-based developer of lithium-ion energy storage systems.

CATL signs giga battery supply deal with Honda

Chinese lithium battery giant Contemporary Amperex Technology (CATL) has signed an electric vehicle battery supply deal with Honda of Japan. 

‘US needs more investment in batteries’— former energy chief

Ernest Moniz

Batteries should be included on a “breakthrough technology shortlist” in preparation for a much-needed overhaul of US energy policy, according to an expert report.

Tesla to acquire Maxwell Technologies

Dr Franz Fink

Tesla is to acquire Maxwell Technologies, in a deal that values the California-based ultracapacitor firm at around US$218 million.

Canada Rolls out expansion funding for lead-acid

James Surrette (right) with local MP Bill Casey

Canadian deep cycle lead-acid battery maker Surrette is expanding its production facility in Nova Scotia, to “boost its global competitiveness and spur business growth”.

Health group Evergrande prescribes move into batteries

The Evergrande Health Industry Group is to reportedly pay CNY1.06 billion (US$156m) to to secure a majority stake in Shanghai-based automotive battery maker Shanghai CENAT New Energy.

Energy storage firms in global ‘Cleantech 100’

The Cleantech Group has unveiled its Global Cleantech 100 list for 2019— the 10th iteration of the list— which includes more than 10 energy storage companies.

Report says ‘lucky country’ lithium key for batteries in 2019

“Key sources” of new lithium-ion for the battery materials market in 2019 will again come from Australia, say market analysts.

Utility bankruptcy blow for California battery storage?

Plans for four major energy storage projects in California could be under threat after the Pacific Gas & Electric (PG&E) filed for Chapter 11 bankruptcy.

Corvus Energy turns tide for ferries with Li storage

Norwegian Electric Systems (NES) has selected Corvus Energy to supply lithium-ion energy storage systems (ESS) for five new all-electric ferries.