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Innolith

Battery developer Innolith makes top-level hires as it readies for commercialisation

Fri, 06/04/2021 - 10:39 -- Paul Crompton
Battery developer Innolith makes top-level hires as it readies for commercialisation

Battery developer Innolith has made two senior appointments as it prepares for commercialisation of its lithium-ion inorganic electrolyte technology.

Florian Wolf (left) has been appointed the firm’s chief financial officer, and Nicole Roth (right) is the Switzerland-based firm’s director of sales in its inaugural commercial role.   

Roth, who has previously worked with A123 Systems, Continental Systems and Renault Deutschland, will engage with Innolith customers, liaise with OEM automotive manufacturers for the design and production of battery systems and the development of new e-mobility markets.   

Investment banker Wolf joins Innolith joins from within JP Morgan’s Diversified Industries Investment Banking team where he specialised in the origination and execution of corporate finance deals (including IPO, SPAC, Private Capital, Debt and M&A events) for automotive clients.   

The new appointments come as Innolith reports the energy density of its battery has reached 310Wh/kg.

Konstantin Solodovnikov, CEO of Innolith AG, said the company had reached a crossing point where its focus on new battery technology development was now switching to the industrialisation and commercial marketing of the technology.

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Innolith secures tax break to deploy 12MW of storage in US

Wed, 12/11/2019 - 14:27 -- Paul Crompton

Inorganic battery technology firm Innolith plan to build two grid-scale energy storage systems in Maryland, US, to compliment its lithium-ion Gridbank system from the now defunct Alevo. 

The two new battery storage facilities– 4.8MW and 7.3MW–should be operational in Washington County by late 2020 or 2021, according to local press reports who quoted Stephen Wiley, vice president of Innolith’s US business development.

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Innolith expands team for US, China sales push

Thu, 05/30/2019 - 13:10 -- John Shepherd
Innolith expands team for US, China sales push

Swiss battery technology company Innolith has announced two key appointments as part of its push into the North American and Chinese markets.

Former Younicos executive Stephen Wiley has been appointed VP for US business development. Wiley is also a former senior VP at BrightSource Energy, working on the development of a concentrated solar power facility in the US.

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Innolith looks to inorganic electrolyte to boost lithium for grid-scale storage

Mon, 12/17/2018 - 00:00 -- John Shepherd
Sergey Buchin

Newly-formed European company Innolith has said it is on course to bring its inorganic “non-flammable electrolyte” to market within two years, to supercharge the performance of conventional lithium-ion batteries.

Innolith was launched two months ago after acquiring the core technical assets of Alevo in Germany and Switerland, which went into insolvency.

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