Today marks the launch of Repono, a pan-European company focused on owning and operating large energy storage systems (ESS). To achieve its ambitions of cutting greenhouse gas emissions by 55% by 2030, the European Commission has set minimum national targets of 42.5% for renewable electricity share by 2030. The increased electrification of the economy as […]
18 January 2024, Davos: EIT InnoEnergy, the innovation engine for sustainable energy supported by the European Institute of Innovation & Technology (EIT), a body of the European Union (EU), and Demeter Investment Managers, a major European private equity and venture capital firm; today announced the launch of a fund dedicated to the development of a
EIT InnoEnergy and Demeter launch €500m European battery raw materials fund Read More »
EBA 250 welcomes the renewed commitment to the battery industry by the European Commission to ensure EU supply chains and an ecosystem on batteries and electric vehicles is strengthened. Batteries are instrumental to enabling Europe’s transition to a decarbonized economy. The proposal by the European Commission to extend the current rules of origin for EVs
EBA250 continues to boost growth of the European battery industry On 2 December 2023, at the occasion of COP28 in Dubai, Executive Vice-President of the European Commission Maroš Šefčovič announces a new cooperation with EIT InnoEnergy to facilitate access to EU public finance for battery startups. Within the framework of the European Battery Alliance (EBA250)
Last week some small but important steps for more battery materials produced in Europe have been announced. On November 13, the EU Council and Parliament reached a deal on the proposed regulation establishing a framework to ensure a secure and sustainable supply of critical raw materials, the so called Critical Raw Materials Act. The proposal
Strengthening the supply chain for the European battery industry Read More »
Exciting news from the Nordic batter industry. On 30 October 2023, Beyonder, a Norwegian cell development and manufacturing company, launched it’s first certified product “BePowered”. It is a 31Ah (1C) lithium-ion pouch cell (detailed specifications found here), with more than 10 000 cycles, with 5C/5C charge and discharge capabilities. Beyonder takes a leap forward in
Beyonder launches their first cell to market – BePowered. Read More »
Today Batteries Europe, the European Technology and Innovation Platform on Batteries, and Battery 2030+, the large scale and long-term European research initiative for batteries, have officially released their highly anticipated Research and Innovation (R&I) Roadmaps. These Roadmaps, published by Batteries Europe and Battery 2030+, are set to be a cornerstone in advancing the European battery
Verkor recently secured over €2 billion in a funding round, including €850 million in Series C funding, €600 million in support from the European Investment Bank, and approximately €650 million in French subsidies. This substantial investment will accelerate the construction of their Dunkirk gigafactory, advance technological developments, and strengthen their position in the European battery
We are very happy about Verkor’s success Read More »
Last week, the Chinese battery company Shanghai Putailai New Energy Technology (PTL) announced its plans to establish a factory in Northern Sweden, just outside Timrå with the aim to build Europe’s largest facility for the manufacture of anode materials. Anode material is a main component of batteries, but currently production of this key material is
Sweden turning in a hotspot for battery investments Read More »
Two very important documents for the European green transition where released yesterday: The Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was announced by President von der Leyen as a part of the Green Deal Industrial Plan. Read more
NZIA and CRMA now released Read More »