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EU splashes cash for e-batteries as ‘political priority’

Mon, 11/13/2017 - 10:14 -- John Shepherd
EU splashes cash for e-batteries as ‘political priority’

The European Commission has pledged to pump EUR200 million ($232.5m) of fresh funding into developing “next generation electric batteries” in the EU over the next three years.

The announcement took industry insiders by surprise— coming three months before the Commission is due to finalise a “comprehensive roadmap” to fund an EU ‘batteries alliance’.

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Redflow moving into “high demand” sectors with funding round

Tue, 07/25/2017 - 10:05 -- News Editor
Redflow moving into “high demand” sectors with funding round

Australian battery maker Redflow has launched an AUD14.5 million ($11.5m) funding round “to target sustainable delivery of its zinc-bromine flow batteries to high demand areas” such as telecoms and remote/off-grid power.

The announcement follows the Brisbane-based company’s strategic review last May, which set out plans to “transition” manufacturing to Southeast Asia from South America, cut supply chain costs and implement “cost-down projects” to reduce delivered product manufacturing cost “by at least 30% over the next 18 months”.

 

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UK government backs battery innovation

Mon, 03/06/2017 - 12:11 -- Xuan Zhong
UK government backs battery innovation

The UK may lag behind battery manufacturing countries like China and the US, but its reputation as an innovator of the technology is well known.

And now the UK’s government is set to back the industry when its chancellor sets aside money in the next budget for research into the technology.

 

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