Industry

Powin, HiTHIUM confirm 5GWh ESS battery cells deal 1000 562 Energy Storage Journal

Powin, HiTHIUM confirm 5GWh ESS battery cells deal

January 25, 2024: BESS developer Powin said on January 16 it had finalized plans for the supply of 5GWh of LFP cells from stationary battery firm HiTHIUM over the next…

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Precursor materials investment boost for Korean battery enterprise zone 893 1024 Energy Storage Journal

Precursor materials investment boost for Korean battery enterprise zone

January 25, 2024: Chemicals company Paik Kwang Industrial is to start building a KRW300 billion ($224 million) precursor materials plant at a new battery enterprise zone in South Korea, the…

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Core suspends Australia mine work as lithium prices plummet 1024 553 Energy Storage Journal

Core suspends Australia mine work as lithium prices plummet

January 11, 2024: Core Lithium has suspended mining at its Finniss project in Australia in the face of what the firm said on January 5 were tough market conditions. According…

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$3.5bn funding boost for next-gen battery production in US 819 1024 Energy Storage Journal

$3.5bn funding boost for next-gen battery production in US

November 22, 2023: Up to $3.5 billion in new federal funding has been announced in the US to prioritize development of next-generation battery chemistries and technologies. The Department of Energy…

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Hyperbat ramping up UK battery pack project 1024 682 Energy Storage Journal

Hyperbat ramping up UK battery pack project

November 22, 2023: An £11.3 million ($14 million) UK project aims to boost the country’s battery pack manufacturing and supply chain capability. Hyperbat’s ‘H1perChain’ in Coventry, which was funded by…

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Narada signs deal for Western Australia BESS 900 461 Energy Storage Journal

Narada signs deal for Western Australia BESS

November 8, 2023: Lead and lithium battery maker Narada Power has signed a Rmb335 million ($46 million) deal with Shanghai Electric Power Design Institute Materials to supply battery tech for…

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India launches grants scheme for 4,000MWh BESS bonanza 800 533 Energy Storage Journal

India launches grants scheme for 4,000MWh BESS bonanza

September 14, 2023: India is launching a program to help fund a total of 4,000MWh of new BESS projects by 2030-31. The government said on September 6 the cabinet had…

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China’s Gotion secures incentives deal for $2 billion Illinois gigafactory 892 940 Energy Storage Journal

China’s Gotion secures incentives deal for $2 billion Illinois gigafactory

September 14, 2023: China-based Gotion Hi-Tech is to start production at a $2 billion EV battery manufacturing plant in Illinois next year, the state’s governor announced on September 8. Jay…

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Echion in Volta investment boost, formalizes InoBat anode R&D plan 1024 768 Energy Storage Journal

Echion in Volta investment boost, formalizes InoBat anode R&D plan

September 14, 2023: Echion Technologies said on September 6 it would accelerate the scale-up and commercialization of its niobium-based XNO anode material thanks to a significant, undisclosed investment from Volta…

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‘More battery materials mining needed’ to reach net-zero, study says 1024 680 Energy Storage Journal

‘More battery materials mining needed’ to reach net-zero, study says

August 3, 2023: Mining for battery materials needs to be ramped up worldwide over the next decade if countries are to meet their net-zero economy pledges, according to a new…

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