Industry

PESO hybrid lead-lithium project closes, possible template for the future 392 254 Energy Storage Journal

PESO hybrid lead-lithium project closes, possible template for the future

January 26, 2023: The Port Energy Systems Optimization (PESO) demonstration project integrating a lead-lithium battery combination into a microgrid at Portsmouth International Port in the UK came to a close…

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Blanket ban on EVs by Norwegian ferry line 300 225 Energy Storage Journal

Blanket ban on EVs by Norwegian ferry line

January 26, 2023: Norwegian shipping company, Havila Kystruten announced on January 12 that it is banning electric cars, hybrids and hydrogen vehicles on its ferries because of a potential fire hazard.…

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Tesla plans $3.6 billion investment in Nevada, positive Q4 results 1024 679 Energy Storage Journal

Tesla plans $3.6 billion investment in Nevada, positive Q4 results

January 26, 2023: Tesla, the EV automotive maker and energy storage manufacturer, announced this week that it was to make $3.6 billion of new investment in its Nevada manufacturing plant. “The…

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Energy storage funding soared in 2022, set to continue 1024 208 Energy Storage Journal

Energy storage funding soared in 2022, set to continue

January 26, 2023: Funding into energy storage continued to grow at record levels in 2022, according to Mercom Capital Group, which provides data on investment markets. Raj Prabhu, CEO of…

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Hecate Energy secures $550 million financing package 847 387 Energy Storage Journal

Hecate Energy secures $550 million financing package

January 26, 2023: Hecate Energy, a US developer of renewable power and energy storage projects announced on January 24 the recent closure of a five-year $550 million financing to support…

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Honda and GS Yuasa work towards establishing lithium JV by end 2023 640 407 Energy Storage Journal

Honda and GS Yuasa work towards establishing lithium JV by end 2023

January 26, 2023: Honda Motor Co. and GS Yuasa International announced on January 23 they had reached a basic agreement toward collaboration on development of a high-capacity, high-output lithium-ion battery.…

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Italvolt partners StoreDot for XFC Li batteries 1024 307 Energy Storage Journal

Italvolt partners StoreDot for XFC Li batteries

January 20, 2023: Italvolt, the Italian gigafactory developer, announced it had entered into ‘a strategic collaboration’ with StoreDot, a lithium ion battery developer, on January 16. Italvolt will license StoreDot’s…

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Recharge Industries and Accenture to build gigafactory in Australia 480 270 Energy Storage Journal

Recharge Industries and Accenture to build gigafactory in Australia

January 20, 2023: Recharge Industries announced on January 16 that Accenture, the Dublin-based information technology services firm, will be its engineering and design provider to build its gigafactory in Australia.…

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US $700m loan offer to develop lithium mine 750 430 Energy Storage Journal

US $700m loan offer to develop lithium mine

January 20, 2023: The US Department of Energy’s loan programs office (LPO) said on January 13 it had made a conditional offer to lend up to $700 million to develop…

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Tesla to use SolarEdge tech in Romania solar project 1000 758 Energy Storage Journal

Tesla to use SolarEdge tech in Romania solar project

January 20, 2023: A Tesla group company is to design and build rooftop solar installations in Romania on buildings for industrial properties developer Element Industrial using inverter technology from SolarEdge,…

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