Charged

AUGUST 19, 2022

Battery innovator Northvolt has issued a $1.1-billion billion convertible note to finance its expansion of battery cell and cathode material production in Europe. We will continue to work hard to deliver on the promise we have made to them to build the world’s greenest battery.”. Source: Northvolt.

Europe 104

Europe Construction Batteries Electric vehicle 104

Smart Energy International

MARCH 8, 2024

Despite record investments into power grid expansion to accommodate demand, grid operators Alliander, Enexis and Stedin have reported inefficient capacity to prevent increasing network congestion. billion) in 2023 on 2,207 transformers, 2,518km of new medium-voltage and low-voltage cables and 304km (2022: 255km) of gas pipelines.

Demand 59

Demand Investment Power grid Europe 59

Charged

JANUARY 17, 2023

The EV Metals Group acquired the battery materials and technology business of Johnson Matthey in 2022. Now subsidiary EV Metals Arabia has advanced its plans to build a battery material processing plant in Saudi Arabia. Construction is scheduled to commence in Q3 of this year.

Batteries 124

Batteries North America Lithium Electric vehicle 124

Smart Energy International

NOVEMBER 11, 2023

As the global Lithium-Ion (Li-Ion) battery market is forecast to grow from $57.4 The researcher’s predictions, they state in a release, suggest a sizeable global Li-Ion battery demand increase, skyrocketing from over 700GWh in 2022 to approximately 4.7TWh by 2030. billion in 2023 to $120.65

Batteries 59

Batteries Lithium Electric vehicle Demand 59

Smart Energy International

SEPTEMBER 15, 2023

This week’s Smart Energy Finances looks at research from LCP Delta, which finds a 71% decline in UK’s profits for battery storage, compared to the highs of 2021 and 2022. Following a peak in 2021 and 2022, states the company, the battery market has experienced a substantial drop in profits in comparison to the past two years.

Batteries 110

Batteries Energy Energy Investment 110

Charged

JANUARY 10, 2024

InductEV says taking advantage of DMS’s manufacturing and supply chain expertise will allow it to more quickly scale production to meet customer demand. InductEV’s patented technology is currently being used in locations throughout North America and Europe. Sources: Detroit Manufacturing Systems , InductEV

North America 112

North America Patents Demand Batteries 112

Business Green

NOVEMBER 21, 2022

Investor Harmony Energy Income Trust announces Europe’s largest battery energy storage system is now online. Harmony Energy Income Trust has today announced that Europe's largest battery energy storage project is now online at its Pillswood site.

Europe 36

Europe Batteries Energy Energy 36

Business Green

JANUARY 11, 2022

Transition to electric vehicles now 'inevitable' in UK and much of Europe thanks to declining upfront costs, major new study finds. We all need to respond appropriately to ensure we meet the demands of consumers," she said. "It EV sales in the UK are now expected to double in 2022 , on the back of the record year experienced in 2021.

Fossil fuels 90

Fossil fuels Europe Electric vehicle Demand 90

Smart Energy International

AUGUST 3, 2022

This raises several questions which must be discussed together including: How can we prepare the electricity grid for such a structural change in both supply and demand of electricity? GridBeyond team meeting Japanese Irish Prime Minister in Japan, July 2022. Demand side measures. Image: GridBeyond.

Solar Energy Monitor 98

Solar Energy Monitor Home Energy Monitoring Building Energy Monitoring Energy Monitor 98

Charged

NOVEMBER 20, 2020

Volvo Trucks plans to offer a complete range of all-electric heavy-duty trucks in Europe, starting in 2021. Sales will begin next year, and volume production will start in 2022. These trucks will have a gross combination weight of up to 44 tonnes, and a range of up to 300 km, depending on battery configuration.

Europe 121

Europe Electricity North America Transportation 121

Charged

JUNE 24, 2022

“We believe that Nemaska, as a large and low-cost integrated lithium hydroxide project, will be an important part of the supply of sustainable critical battery materials,” said Livent CEO Paul Graves. Nemaska is strategically located to serve growing lithium demand in North America and Europe.”. Source: Livent.

Lithium 128

Lithium North America Batteries Europe 128

Smart Energy International

FEBRUARY 22, 2024

Clean energy enterprise TagEnergy has reached financial close on the 49.9MW/99.8MWh Pitkevy facility in Fife, Scotland, its sixth battery energy storage system (BESS) project in the UK. Flexitricity partners as route to market and battery optimiser, while independent renewable energy company RES has been appointed as asset manager.

Construction 64

Construction Batteries Packaging Investment 64

Business Green

AUGUST 3, 2020

The race to deliver Europe's first battery gigafactory intensified further last week, after French start up Verkor exited stealth mode and unveiled ambitious plans to deliver up to 50GWh of battery production capacity. Company backed by European engineering giants exits stealth mode with plan to deliver French gigafactories.

Batteries 89

Batteries Europe Electric vehicle Demand 89

Business Green

NOVEMBER 26, 2021

Chinese electric vehicle company Nio and energy giant Shell have inked a deal which will see the partners work together on developing a network of 'battery swap stations' in China and Europe. The partners are aiming to install 100 battery swapping stations in China by 2025 and construct and operate pilot stations in Europe by 2022.

Electric vehicle 92

Electric vehicle Batteries Startups Electricity 92

Charged

NOVEMBER 2, 2022

Battery materials company Euro Manganese has announced that pilot plant samples of its HPEMM manganese metal have been validated as feedstock for battery cathode specialist Nano One ’s One-Pot and M2CAM cathode production technologies. We look forward to commissioning our larger demonstration plant at our Chvaletice site in Q4 2022.”.

North America 118

North America Lithium Batteries Europe 118

Smart Energy International

OCTOBER 30, 2023

While there are positive trends, such as the 50% increase in the roll-out rate of wind and solar in the EU in 2022 compared to 2021, from raw materials to key intermediate components and final clean energy technologies, the region is becoming more dependent on imports from third countries, the report finds.

Technology 59

Technology Europe Batteries Carbon-negative 59

Smart Energy International

JANUARY 18, 2023

million) in funding for V2X and Demand Side Response (DSR) projects. 165,000 ($201,680) to BEVScanV2X, a project led by Agile Charging Ltd to develop technology that could overcome battery degradation by creating a cost-effective tool to monitor and advise best approaches to maximise battery life and financial returns from smart charging.

Energy Monitor 52

Energy Monitor Business Energy Monitoring Building Energy Monitoring Demand 52

Business Green

DECEMBER 1, 2021

Electric vehicles (EVs) could be on track to reach cost-parity with fossil fuel cars within three years thanks to rapid strides in battery development worldwide, which have seen the average cost of lithium ion battery packs plummet almost 90 per cent over the past decade, according to a new report from BloombergNEF (BNEF).

Batteries 94

Batteries Lithium Fossil fuels Electric vehicle 94

Smart Energy International

NOVEMBER 28, 2023

With 2023 coming to a close, the impact of climate change and rapidly increasing electricity demand have illustrated the crucial importance of grid investment to ensure the grid is fit for purpose. People want this ability – more connections from batteries to be the most independent in their consumption.” Join Enlit Europe in Paris.

Investment 97

Investment Power grid Europe Demand 97

Charged

FEBRUARY 24, 2020

Chemical company BASF announced a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment in Europe’s EV value chain. The new plant will produce cathode active materials with an initial capacity enabling the supply of around 400,000 pure EVs per year with BASF battery materials.

Batteries 102

Batteries Asia Startups Europe 102

Smart Energy International

OCTOBER 7, 2022

ITEN Media & Clarion Energy, UK are set to host the 17th edition of POWERGEN India during 12th -14th October 2022 at New Delhi. Transforming the economy from one dominated by fossil fuels into one powered predominantly by renewable energy would propel India as a global leader in renewables, battery storage and green hydrogen.

Building Energy Monitoring 52

Building Energy Monitoring Business Energy Monitoring Energy Monitor Energy 52

Business Green

JANUARY 6, 2023

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins in the face of challenging economic headwinds and soaring energy costs worldwide. link] pic.twitter.com/C55UHprYIv.

Batteries 44

Batteries Fossil fuels Lithium Demand 44

ThinkGeoEnergy

NOVEMBER 16, 2023

This comes after the result of testing done at the deep geothermal wells at United Downs that indicated lithium concentrations of around 340 ppm in the geothermal fluid, which is one of the highest lithium concentrations found in any commercial geothermal lithium project in Europe. GEL was recently awarded £1.8m

Lithium 98

Lithium Energy Monitor Business Energy Monitoring Electric vehicle 98

Business Green

FEBRUARY 21, 2022

UK smart energy company GridBeyond has secured a €10m project financing facility from a fund managed by Triodos Investment Management that will enable it to build a pipeline of behind-the-meter battery storage projects in the UK and Ireland. Triodos Energy Transition Europe Fund, meanwhile, is the financial partner of the deal.

Business Energy Monitoring 41

Business Energy Monitoring Batteries Building Energy Monitoring Energy Monitor 41

AutoGrid

OCTOBER 18, 2023

Its electricity demand reached an all-time demand peak of 223 gigawatts (GW) this past June, and projections indicate it could hit 340 GW by the decade’s end. To put that into perspective, the electricity demand for Germany in 2022 was 200 GW. Asset Diversity: As is the case in the U.S.

Solar Energy Monitor 80

Solar Energy Monitor Energy Monitor Home Energy Monitoring Building Energy Monitoring 80

Smart Energy International

NOVEMBER 24, 2022

This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. link] — Swell Energy (@Swell_Energy) November 22, 2022. million) from investors to bring low carbon grid-balancing services to Europe.

Business Energy Monitoring 111

Business Energy Monitoring Energy Monitor Building Energy Monitoring Home Energy Monitoring 111

Smart Energy International

NOVEMBER 17, 2023

Also on the radar are the closing of Gridmatics’ storage fund, Siemens’ financial safety net and the sale of a 410MW battery storage pipeline. The fund is earmarked to oversee the management of up to 500MW of battery capacity in the ERCOT (Electric Reliability Council of Texas) and CAISO (California Independent System Operator) markets.

Energy 118

Energy Energy North America Europe 118

Charged

NOVEMBER 11, 2022

Following 15 years of experience building and leading high-tech businesses in the UK, Europe and the US, Dr. Harris joined YASA in 2012. Evolito will exclusively commercialize YASA’s electric motor technology and IP for the electric aerospace market.

Aviation 95

Aviation Electricity Automotive Batteries 95

Smart Energy International

DECEMBER 2, 2022

Energy storage, which can balance supply and demand, can come to the grid’s aid. Have you read: Rolls-Royce to supply largest Dutch battery storage system Energy Storage Start-up Spotlight: betteries AMPS. Enlit2022 #cleanenergy #batterystorage pic.twitter.com/7OSbpKLHaj — Balance Power (@BalancePower_) November 30, 2022.

Solar Energy Monitor 52

Solar Energy Monitor Building Energy Monitoring Resilience Energy Monitor 52

Business Green

JANUARY 26, 2023

The Australian Financial Review reported yesterday that Recharge Industries, which is planning to build a battery production plant near Melbourne, had made a preliminary bid for Britishvolt after it collapsed into administration earlier this month.

Batteries 36

Batteries Electric vehicle Automotive Lithium 36

Charged

APRIL 25, 2022

The company will invest some $11 million in the initial construction, and plans to begin production at the site by October of 2022. The company has been selling a CHAdeMO version in Europe for the past two years. Wallbox says the facility’s annual production capacity will be over 250,000 units when it opens, and 500,000 units by 2025.

North America 126

North America Construction Europe Demand 126

Business Green

NOVEMBER 26, 2021

Chinese electric vehicle company Nio and energy giant Shell have inked a deal which will see the partners work together on developing a network of 'battery swap stations' in China and Europe. The partners are aiming to install 100 battery swapping stations in China by 2025 and construct and operate pilot stations in Europe by 2022.

Electric vehicle 80

Electric vehicle Startups Electricity Europe 80

Smart Energy International

FEBRUARY 23, 2022

million) is a phase one commitment from Triodos Energy Transition Europe Fund and marks the first step in a collaboration with the potential to expand into other global markets. Utility behind the meter storage #COP26: GridBeyond highlights key energy market trends for 2022 and beyond. The €10 million ($11.3 Have you read?

Business Energy Monitoring 52

Business Energy Monitoring Building Energy Monitoring Energy Monitor Energy 52

Smart Energy International

SEPTEMBER 19, 2022

Fortum has launched Fortum Batterie Recycling GmbH in Germany to provide safe and sustainable electric vehicle (EV) battery recycling in central Europe in the hope of bridging the raw materials gap the automotive industry is facing.

Recycling 52

Recycling Recycling Automotive Lithium 52

Smart Energy International

AUGUST 24, 2022

Narendra Modi’s clarion call for becoming ‘AatmaNirbhar’ in energy sector, DISTRIBUTECH India 2022, together with POWERGEN India and Indian Utility Week, India’s leading Energy Business Platforms, will be organised from 12th-14th October 2022 in New Delhi, India. As a large developing economy with over 1.3

Building Energy Monitoring 118

Building Energy Monitoring Energy Monitor Business Energy Monitoring Energy 118

Smart Energy International

JUNE 20, 2022

And it has debuted with AMI applications in more developed markets, such as Europe and North America.”. As demand for additional use cases of meter data creates new market opportunities, this has become more central to the AMI supplier business model of tomorrow. Head-end software adoption by sector (Europe and North America combined).

Building Energy Monitoring 98

Building Energy Monitoring Business Energy Monitoring Energy Monitor Home Energy Monitoring 98

Envirotec Magazine

OCTOBER 12, 2023

As a result, the Megawatt Charging System (MCS), a charging system for large battery electric vehicles, is now being developed. MCS is best suited to enable rapid charging of batteries when they are operating out of range of their home base; in other words, a BEV version of a stop-and-fill forecourt.

Hydrogen 130

Hydrogen Electric vehicle Batteries Cooling 130