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Industry news

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

Loan to kick-start ‘mass production’ of Li batteries in Russia

Vasiliy Shvets

A state-backed Russian investment agency is to help finance the launch of commercial lithium-ion battery production in the country.

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.

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.

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”.  

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.

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.

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.

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.

LG Chem ‘plans second Poland battery plant’

LG Chem groundbreaking ceremony in Poland

South Korea’s LG Chem is reportedly set to build a second lithium-ion batteries production plant in Poland as orders outstrip the capacity of its existing facility in the country.

Former EPA chief to chair electrolyte tech advisory board for Tydrolyte

Stephen Johnson

The former head of the US Environmental Protection Agency (EPA) Stephen Johnson is to chair the advisory board of novel electrolyte technology company Tydrolyte.