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Siemens and AES to form global energy storage technology joint venture: Fluence

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Siemens AG and The AES Corporation are forming a new global energy storage technology and services company under the name Fluence. The joint venture will bring together AES’ experience deploying energy storage in seven countries with Siemens’ energy technology leadership and its global sales presence in more than 160 countries.

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Kokam deploys new 24MW and 16MW Lithium NMC energy storage systems for frequency regulation

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Kokam has successfully deployed two Lithium Nickel Manganese Cobalt (NMC) Oxide Energy Storage Systems (ESSs)—a 24-megawatt (MW) system / 9-megawatt hour (MWh) and a 16 MW / 6 MWh system—for frequency regulation on the South Korean electricity grid.

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Albemarle and 6K sign joint development agreement to develop novel lithium battery materials; Albemarle to invest in 6K

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In addition to the JDA, Albemarle has made an undisclosed investment in 6K through Volta Energy Technologies. An existing financial investor in 6K, Volta is a venture capital firm launched in 2017 that also connects strategic investors like Albemarle with well-researched investment opportunities in the energy storage sector.

Batteries 243
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Toshiba making SCiB battery business an independent unit; higher energy density batteries with titanium niobium oxide anodes for EVs

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Toshiba Corporation is taking its SCiB rechargeable battery business from Toshiba Infrastructure Systems & Solutions Corporation (TISS) to make it an independent business unit within Toshiba. Its versatility has found broad application in hybrid electric vehicles, automated guided vehicles and energy storage systems for rolling stock.

Batteries 247
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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In September 2020, Daimler Truck AG announced the eActros LongHaul, which will have a range of about 500 kilometers for energy-efficient transport on plannable long-haul routes.

Global 435
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Hydrogenics to supply electrolyzers to Doosan Babcock for Aberdeen

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Hydrogenics Corporation, a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, has been awarded a contract by Doosan Babcock Limited to install two of its HySTAT100 electrolyzers, along with compression and storage equipment, at the new Aberdeen Exhibition and Conference Centre (AECC) in Aberdeen, Scotland.

Hydrogen 150
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Leclanché secures $76M in funding, $51M facility for acquisitions and joint ventures in e-Transport and stationary grid-based storage markets

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Switzerland-based energy storage company Leclanché SA has secured new additional funding from FEFAM, Leclanché’s largest shareholder. In addition to CHF 75 million (US$76 million) committed corporate funding, FEFAM has agreed to provide a conditional CHF 50 million (US$51 million) funding facility for acquisitions and joint ventures.

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