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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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