If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

North America

Exide files for Chapter 11 bankruptcy as it looks to value-maximise sale of its businesses

Tue, 05/19/2020 - 17:00 -- Paul Crompton

US lead-acid battery maker Exide Technologies has agreed to sell its EMEA and Asia Pacific business and plans to sell its North America interest as it faces down its third Chapter 11 crisis in two decades.

The announcements come as the company and some of its US subsidiaries filed voluntary Chapter 11 petition of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

The Georgia-headquartered firm began voluntary Chapter 11 proceedings to facilitate the sale of its North American operations.

In a letter to its suppliers on 19 May, the firm said it had entered into an agreement to sell the EMEA and Asia Pacific business to an ad-hoc group of its noteholders.

The EMEA and South Pacific business is not included in the Chapter 11 proceedings and continues to operate as a stand-alone company independent from Exide Americas.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Firm reveals plans for Africa’s first lithium-ion gigafactory to supply the energy storage and EV markets

Fri, 11/15/2019 - 12:56 -- Paul Crompton

With a raw battery materials supply to rival anywhere in the world, Africa seems the perfect place to build a lithium-ion battery manufacturing plant, yet North America, Europe and Asia have been the locations of choice— until now.

The Megamillion Energy Company aims to be Africa’s first large-scale producer of lithium-ion batteries and plans to build a 32GWh per year facility by 2028 for both the energy storage and electric vehicle markets.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Flow battery firm headed for Canadian stock market

Thu, 04/18/2019 - 10:17 -- Hugh Finzel

Vancouver-based flow battery manufacturer MGX Renewables expects to list its shares on the Canadian Securities Exchange (CSE) after receiving conditional approval to do so.

MGX Minerals’ (MGXM) subsidiary ZincNyx was renamed MGX Renewables (MGXR) in 2018 and a plan of arrangement was unveiled to spin out 40% of the common shares of MGXR.

MGXR’s modular zinc-air flow batteries are targeted for long-duration energy storage and deliver power ranging from 20kW to 50MW, with scalable capacity of 120kWh to 1GW.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Navitas to expand production in Michigan

Wed, 04/10/2019 - 12:09 -- Hugh Finzel
Navitas Starlifter battery

US battery firm Navitas is expanding production of its Starlifter line of lithium-ion forklift batteries from a new manufacturing facility in Michigan.

Navitas has secured a 100,000 sq ft building to boost production by an additional 5,000 systems annually, in line with the company’s reported “almost 200% year-over-year growth in revenues”.  

The new facility is near Navitas’ existing 48,000 sq ft R&D and manufacturing facility in Ann Arbor.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Testing begins at American Manganese recycling plant

Mon, 02/18/2019 - 00:00 -- Hugh Finzel

American Manganese (AM) has reported reaching a “great milestone” in its work towards “a complete lithium-ion battery recycling process” by beginning operation of its five stage pilot plant operation in Canada.

AM’s processing partner Kemetco Research has started processing a select sample of cathode scrap material at AM’s lithium-ion recycling pilot plant in British Columbia.

The cathode scrap material is being processed through stages 1 and 2 of the pilot plant, which will see the sample undergo pre-treatment and then leaching.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Wirtz invests in ZAF’s ‘lead battery disruptor’ tech

Mon, 02/18/2019 - 00:00 -- John Shepherd
NiZn battery§

US lead-acid battery equipment company Wirtz Manufacturing has made an undisclosed investment in nickel-zinc developer ZAF Energy Systems.

Wirtz said the move would allow ZAF to build a full production line at its facility in Joplin, in the US state of Missouri— “expanding its manufacturing capacity to thousands of batteries per month”.

Funds and equipment from the investment will be used to expand ZAF’s nickel-zinc batteries globally and demonstrate the first ever prismatic high-volume nickel-zinc (NiZn) process, Wirtz said.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Canada Rolls out expansion funding for lead-acid

Mon, 02/11/2019 - 00:00 -- Hugh Finzel
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”.

The 25,000 sq. ft. expansion to the Surrette Battery Company’s Springhill plant will be accompanied by the incorporation of “advanced robotics and automation” at its production facility.

Contrary to many wider fears of the undesirable effects of automation, Surrette’s actions will cause them to hire an additional 18 “highly-skilled workers”, taking their total roll-call to 100.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Study ponders lithium industry future for Quebec

Mon, 12/03/2018 - 00:00 -- John Shepherd
Sarah Houde

A study has been launched into the development of Canada’s Quebec province as a manufacturing and commercial hub for the lithium-ion battery industry.

The province’s electric and smart transportation organisation, Propulsion Quebec, said the initiative would “analyse opportunities Quebec could seize in connection with the manufacturing steps of components and battery cells and the recycling of batteries”.

Propulsion Quebec’s executive director Sarah Houde (pictured) said the study “will identify the concrete actions to be implemented in order to capitalise on the development of this promising niche and the province's important assets”.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Former EPA chief to chair electrolyte tech advisory board for Tydrolyte

Mon, 12/03/2018 - 00:00 -- John Shepherd
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.

Tydrolyte said the newly-formed advisory board would support the company in its “mission to replace toxic sulfuric acid in the US$40 billion-dollar lead battery market with a better performing, non-toxic substitute”.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Canada’s Eguana to produce home BESS units in South Australia

Mon, 11/26/2018 - 00:00 -- John Shepherd
Evolve residential battery

Canadian energy storage firm Eguana Technologies has been approved to take part in a residential batteries scheme in the state of South Australia.

Eguana is to produce its ‘Evolve’ home battery systems in the state as part of the programme— which is backed by AUD100 million (US$72.5m) in subsidies and low interest loans to encourage residential storage.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Pages

Subscribe to North America