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LG Energy Solution Vertech Secures 10 GWh ESS Project in US

LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […]

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US Continues Clean Energy Support With $3.5 Billion For Battery Manufacturing

As part of its Bipartisan Infrastructure Law, the Biden administration in the US has announced a new round of federal funds to underpin a strong domestic manufacturing. Administered by the Department of Energy (DoE) this $3.5 billion package is the second part of a large $6 billion-plus program that started awarding funds to applicant firms […]

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Norwegian Battery Maker Morrow Nets €100m Equity Funding

Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […]

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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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Germany’s MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency

Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature’s patterns, the company’s engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical […]

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Servotech Sets up Subsidiary for EV Charging Components Manufacturing

EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […]

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1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […]

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Latest CATL Electrolyte Innovation Improves EV Battery Efficiency in Cold Weather

Chinese battery manufacturer CATL has revealed the development of materials for lithium-ion batteries which would augment the charging efficiency of electric vehicles (EVs), particularly in extremely cold conditions. During a forum in Shanghai, Wu Kai, the chi ef scientist at CATL, revealed that the firm has successfully created new electrolyte materials that can dramatically enhance […]

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