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CATL snaps up Canadian lithium firm

Mon, 03/19/2018 - 11:17 -- John Shepherd
CATL snaps up Canadian lithium firm

China’s CATL has reportedly bought a 90% controlling stake in a Canadian lithium firm— to shore up supplies of the key raw material for its expanding global battery business.

Contemporary Amperex Technology (CATL) acquired 36.6 million shares of North American Lithium from Jilin Jien Nickel Industry, according to the China Daily.

 

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Emergency power built in for Ontario light transport project

Mon, 03/05/2018 - 12:16 -- John Shepherd
Emergency power built in for Ontario light transport project

Canada’s Ontario province is partnering with electricity distribution company Toronto Hydro to build an “innovative energy storage system” as part of a CAD9.1 billion ($7.2bn) public transportation project in Toronto.

The Ontario transportation ministry said Toronto Hydro had agreed that Renewable Energy Systems Canada (RES) would design and build the battery facility for the Eglinton Crosstown light rail transit (LRT) line.

 

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BESS ‘first’ for Leclanché in North America

Mon, 02/12/2018 - 11:08 -- John Shepherd
BESS ‘first’ for Leclanché in North America

Swiss battery maker Leclanché is to build its first behind-the-metre battery storage systems in North America for Toronto-based energy storage project developer NRStor C&I.

Leclanché said NRStor is the principal investor in the project and will own and operate the facilities.

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Canadian firm in vanadium R&D deal with US lab

Mon, 02/05/2018 - 12:06 -- John Shepherd
Canadian firm in vanadium R&D deal with US lab

Canadian junior mining firm Golden Share Resources Corporation has signed an agreement worth an estimated $906 million with a US government laboratory for R&D into novel vanadium based solid-state battery technologies.

Golden Share said it had signed the deal with Battelle Memorial Institute, which runs the Pacific Northwest National Laboratory (PNNL) for the US Department of Energy.

 

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ZincNyx gearing up for flow battery roll-out

Mon, 01/29/2018 - 11:33 -- John Shepherd
ZincNyx gearing up for flow battery roll-out

Canada-based ZincNyx Energy Solutions is gearing up for “mass production” of a zinc-based flow battery within a year.

ZincNyx, which was acquired by lithium developer MGX Minerals last month, intends to produce 1,000 flow battery units annually by early January 2019, according to MGX president and CEO Jared Lazerson.

 

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Canadian company buys out South Korea’s iQ Power

Thu, 12/07/2017 - 10:19 -- News Editor
Canadian company buys out South Korea’s iQ Power

South Korea’s battery manufacturer iQ Power Asia Inc. has been acquired by Vancouver-based lead-acid battery maker Discover Energy and will operates as a subsidiary under a new name.

The new business is called Discover MIXTECH Manufacturing Co Ltd and will be led by Steve Nam, the South Korean manufacturing site helps secure Discover’s global supply of automotive and commercial batteries.

 

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India joins Leclanché in Ontario energy investment

Thu, 11/16/2017 - 10:25 -- Xuan Zhong
India joins Leclanché in Ontario energy investment

Indian firm EPAL and Swiss battery maker Leclanché are jointly investing $12 million in a lithium battery storage facility nearing completion in in Canada’s Ontario province.

The 28MW/14MWh advanced battery storage project, known as Basin 1 (6MWh) and 2 (2MWh), was built and owned by the Leclanché and Canadian developer. It is the first utility scale energy storage facility designed to improve stability on the Ontario grid, with a total investment of approximately $25m.

 

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Electrovaya swaps lead-acid for Li-on in Walmart forklifts

Thu, 10/05/2017 - 09:42 -- News Editor
Electrovaya swaps lead-acid for Li-on in Walmart forklifts

Canadian battery maker Electrovaya has signed a CAD4.3 million ($3.5m) deal to supply its lithium-ion ceramic batteries to power forklifts for Walmart Canada.

Walmart is converting the forklifts in one of its distribution centres to use Electrovaya’s ‘Elivate’ forklift battery line instead of lead-acid, Electrovaya said.

 

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Canada funding for Novonix

Fri, 09/08/2017 - 09:55 -- News Editor
Canada funding for Novonix

Canada’s government is investing CAD500,000 ($396,000) in Nova Scotia-based battery testing equipment provider, Novonix Battery Testing Services Inc.

Lithium-ion specialist Novonix, which became wholly-owned by Australian mining minnow Graphitecorp earlier this year, said the funds from the Atlantic Canada Opportunities Agency would help it expand its international marketing.

 

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Canada lead-acid firm expands in South Korea

Fri, 09/01/2017 - 09:37 -- News Editor
Canada lead-acid firm expands in South Korea

Vancouver-based lead-acid battery firm Discover is launching an SLI lead-acid manufacturing plant in South Korea, backed by Canadian export financing.

Discover, which was awarded $15 million from Export Development Canada (EDC), told BBB the financing supported the firm’s acquisition of an existing battery plant site in South Korea.

 

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