Chinese lithium giant Contemporary Amperex Technology (CATL) has revealed it is set to pour a total of up to €1.8 billion (US$2.1bn) of cash into its planned electric vehicle (EV) battery plant in Germany.
CATL said the proposed investment included €240 million already pledged for the project at Erfurt, in the east-central state of Thüringen.
A new batteries research and innovation forum— the Batteries Europe Platform— has been launched by European Union energy chief Maroš Šefčovič.
Šefčovič (pictured) said the initiative would be a forum setting out Europe’s strategic research and innovation needs and linking existing EU-backed funding programmes to support the European Batteries Alliance.
The company said the move is in response to “specific demand” for its lithium-ion battery systems for commercial vehicles— and is backed by a business development grant for an undisclosed sum from the state of Michigan.
Grid-scale battery system developer Eos Energy Storage is deploying its aqueous, zinc hybrid cathode (‘Znyth’) technology for two projects in the US.
The company’s Aurora 2.0 battery system has been installed by utility Duke Energy as part of a DC-coupled solar-plus-storage system in North Carolina. Separately, Aurora is being used for behind-the-meter storage at the University of California, San Diego, in a project funded by the California Energy Commission.
Discarded toys containing lithium-ion batteries are believed to have started a blaze at a recycling company in Germany that led to an estimated €600,000 (US$682,000) worth of damage.
Willi Hörger, the owner of the recycling company Hörger in Bächingen, Bavaria, told regional broadcaster BR24 that batteries wrongly discarded along with the toys appeared to have started the blaze, which destroyed a warehouse and at one point was being tackled by around 80 firefighters.