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Faraday Institution to award up to £55M to five consortia for energy storage research

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The new projects in four focus areas join the existing Faraday Institution research projects that collectively aim to deliver the organisation’s mission to accelerate breakthroughs in energy storage technologies to benefit the UK in the global race to electrification. Next generation lithium ion cathode materials.

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€12M Current Direct project seeks to support marine electrification with swappable containerized battery system

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Current Direct , a new €12-million research and innovation project funded by the European Commission’s Horizon 2020 program, is proposing an innovative lithium-ion cell optimized for waterborne transport, using novel manufacturing techniques allowing for a consistent cost reduction compared to the current market prices.

Mariner 305