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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

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Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The new facility at the Changwon plant will produce a wide range of common electric storage solutions (battery packs) for Volvo Group and become a core competence center for electric excavators.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. These combine as many batteries as are needed for tailor-made solutions with capacity ranging from less than 100 kilowatt hours up to 15 megawatt hours or more.

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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. —Ylva Olofsson, Project Coordinator at Volvo.

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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

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Poland-based battery systems maker Impact Clean Power Technology unveiled a visualization of GigafactoryX—a large-scale battery factory for electric vehicles and energy storage which will be launched in the city of Pruszków, near Warsaw. Its construction will increase Impact’s production capacity to 1.2

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Mitsubishi joins PSA and other French partners in second-life batteries demonstration

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Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) announced the launch of a joint demonstration project for utilizing used lithium-ion batteries from electric-powered vehicles. Low voltage (48 Volts) Energy Storage System use of new automotive batteries.

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EU investing €1.8B in 17 large-scale clean tech projects

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The selected projects cover a wide range of sectors contributing to the EU's decarbonization efforts such as production, distribution and use of green hydrogen, waste-to-hydrogen, offshore wind, manufacturing of photovoltaic (PV) modules, battery storage and recycling, carbon capture and storage, sustainable aviation fuels, and advanced biofuels.

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Sanyo To Build 30B Plant For Automotive Li-Ion Batteries

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Sanyo Electric Co. will spend about ¥30 billion (US$314 million) to build an automotive lithium-ion battery plant. The new factory is expected to come onstream by the end of fiscal 2010, with capacity to produce enough lithium-ion batteries for more than 100,000 standard hybrid vehicles in fiscal 2011. Earlier post.).

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