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Romeo Power woos investors for storage start-up

Wed, 08/30/2017 - 10:14 -- News Editor
Romeo Power woos investors for storage start-up

California energy storage start-up Romeo Power— which boasts a workforce including “top engineers and designers” from business rivals Tesla— has secured $30 million in seed financing.

Romeo said on 24 August it was now pushing ahead with the installation of a fully-automated 113,000 square-foot manufacturing facility in Los Angeles that is set to be ready by the year’s end.

 

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Fuel cell firm transformed by Amazon deal

Tue, 04/11/2017 - 10:06 -- Xuan Zhong
Fuel cell firm transformed by Amazon deal

In a move which may send shock waves through the traditional motive power lead acid market, Plug Power, the Latham, New York, fuel cell manufacturer, has signed a multi-year contract with internet retail giant Amazon that includes the opportunity for Amazon to buy up to 23% of Plug Power.

Amazon will begin using Plug Power’s fuel cells to power its industrial equipment, including forklifts, in 11 of Amazon's fulfillment centres this year.

 

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Amazon in dock over alleged battery safety breaches

Wed, 09/14/2016 - 07:26 -- Paul Crompton

The trial of online shopping giant Amazon has begun in London as it faces charges of breaching safety regulations as it prepared to transport lithium-ion batteries by air.

A court in the UK has heard how the retailer allegedly readied loose lithium-ion batteries—for consumer products—for transport across Europe without the correct markings.

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