The new Biden administration has in one of the first Executive Orders “identified the importance of mitigating risks in the supply chain for large capacity batteries”. This underlines the importance of the strategy applied from the European Battery Alliance from day one to address the entire value chain for batteries. The ongoing pandemic has only […]
We are very pleased to relay the news from Euro Manganese on the Chvaletice project in Czech Republic. Euro Manganese and its wholly owned Czech Republic subsidiary, Mangan Chvaletice, have secured the support of EIT InnoEnergy to assist with strategic financing and offtake agreements. The project relates to the extraction of manganese out of already
EIT InnoEnergy to support Chvaletice Manganese project Read More »
Swedish lithium-ion battery manufacturer Northvolt announced today its plan to establish Europe’s largest factory for energy storage solutions in Poland. This is yet another confirmation of the significance of the stationary battery storage market. Northvolt will invest $200 million to build this new energy storage systems factory in Gdansk, Poland. The production is scheduled to
Northvolt plans to build Europe’s largest energy storage systems plant in Poland Read More »
Last week, the Spanish government approved the energy storage strategy, targeting some 20 GW of storage capacity in 2030 and reaching 30 GW by 2050 from today’s 8.3 GW. In this storage strategy, Spain quantified its storage needs in line with its decarbonisation targets established in the national energy and climate plan (NECP), which sets
Batteries part of the recently approved Spanish Energy Storage Strategy Read More »
Major Spanish industrial companies announced yesterday the creation of the Battchain consortium formed to respond to increasing demand for batteries. Battchain aims to accelerate Europe’s green economic recovery by expanding Spain’s battery value chain across raw materials extracting through battery recycling. The consortium will seek investment of €1.2 billion to deploy its industrial projects mainly
Spanish battery consortium unveiled to accelerate green economic recovery Read More »
Renewable energy fund CEP.Energy announced its plan to install a 1200MW battery in New South Wales, Australia, the largest grid-scale battery project ever intended worldwide. It is difficult to stay on top of the list of the world’s largest battery installations! We have been reporting a number of times on large-scale batteries for grid applications,
World’s biggest battery project to date to be implemented in Australia Read More »
As highlighted by French and international press last week, the French National Railways SNCF takes a big step toward removing fossil fuel as an energy source for its fleet of AGC trains. The fleet consists of 700 trainsets and a large part is either diesel or diesel-electric powered. As an initial step, five trainsets will
Bombardier (now Alstom) to replace diesel engines by Li-ion batteries on AGC trains Read More »
Scania’s latest announcement shows that it is increasingly likely that battery drive train will be chosen for heavy-duty long-haul trucks. The Swedish manufacturer of heavy trucks and busses indeed decided to abandon hydrogen fuel cells. The reason is of course the extremely rapid development on battery and electric drive trains. A few month ago, we
Battery drive train for heavy-duty long-haul road transport Read More »
Last week, at the launch of the second IPCEI on batteries, Vice-President Šefčovič declared Europe a global hotspot for battery investments as a result of the actions under the European Battery Alliance. In his statement, he enforced that by 2025 Europe should be manufacturing enough battery cells each year to power at least six million
As yet another sign of the growing European battery industry, FREYR A/S announced last week that it will become a publicly listed company on the New York Stock Exchange through a business combination with Alussa Energy Acquisition Corp. FREYR’s mission is to accelerate the decarbonisation of transportation and energy systems by delivering the world’s cleanest
FREYR to list on NYSE Read More »