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Industry news

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

CBI matchmaking service to help lead battery makers and utilities find long-term energy storage relationships

An online ‘match’ service by the Consortium for Battery Innovation (CBI) is set to help developers choose the most suitable lead batteries for their energy storage projects.  


Australian state offers cash to attract lithium-ion battery cathode production

Western Australia government is offering AUS$13.2 million ($9.4 million) to attract lithium-ion battery cathode active materials production manufacturers to the state.


EU launches investigation into finances surrounding LG Chem’s Poland lithium-ion gigafactory.

The European Commission has opened an in-depth investigation into the finances surrounding Korean lithium-ion battery maker LG Chem’s gigafactory in Poland.


Northvolt secures almost $2billion to continue goal of building Europe’s first ‘home-grown’ lithium-ion gigafactory

The European Investment Bank (EIB) has signed a $350 million loan agreement to support Northvolt’s hopes of Europe’s first home-grown lithium-ion battery gigafactory.


Panasonic to boost energy density and develop cobalt free 2170 lithium-ion cells

Tesla’s long-term battery partner aims to increase the energy density of its 2170 cells by 20% within five years and commercialise a cobalt-free version within three years.


Planned Kenyan recycling plant will regenerate lead batteries for ‘half-price’ re-sale

Plans to establish a recycling facility in Kenya to prevent the illegal dismantling of lead batteries are moving forward thanks to Betrilyf Solutions, a subsidiary of civil construction firm Avcon Contractors.

Ford halts sales of its Kuga PHEV car after overheating battery packs cause fires

A series of fires thought to have been caused by the vehicle’s battery has forced car maker Ford to ‘temporarily’ stop sales of its Kuga plug-in-hybrid electric vehicle (PHEV).


Europe to grasp quarter of lithium-ion production market as global capacity quadruples to 1.3 TWh

Global lithium-ion cell manufacturing capacity could rise fourfold compared to last year's figures to reach 1.3TWh in 2030 thanks in part to the rise of gigafactories being built in Europe, according to industry analysts Wood Mackenzie.

European Commission funds research into hybrid VRFB energy storage system

The European Commission is backing plans by scientists in Russia to develop a hybrid energy storage system combining a vanadium flow battery and supercapacitor.


SK Innovation prepares commercial-scale production of NCM 811 lithium-ion batteries

South Korean battery maker SK Innovation is preparing to commercialise its first nickel cobalt manganese (NCM) batteries that contain 90% nickel, 5% cobalt and 5% manganese.