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Hyundai Heavy and Magna E-Car forming $200M JV for automotive Li-ion batteries

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Hyundai Heavy Industries (HHI) and Magna E-Car Systems are forming a $200-million automotive Li-ion battery joint venture. Magna E-Car supplies the powertrain to Ford Motor Co. HHI executives also suggested that the JV will facilitate securing energy storage technologies for solar and wind power generation.

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Vattenfall contracts with BMW for up to 1,000 new 33 kWh Li-ion batteries this year for storage projects in wind farms

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Vattenfall and the BMW Group have signed a contract for the delivery of up to 1,000 lithium-ion batteries this year. The first energy storage from the BMW-i3 batteries is being built at the 122 MW onshore wind farm “Princess Alexia” near Amsterdam. It is meant to maintain the security of supply with a feed-in of 100% renewable energy.

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Toshiba to supply Li-ion battery energy storage system for frequency regulation project in US

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Toshiba Corporation has received an order to supply a large-scale battery energy storage system (BESS) for a power frequency regulation project in Hamilton, Ohio. Toshiba’s BESS, integrating an array of 6MW-2MWh SCiB lithium-ion batteries, will be delivered in November, and the system is scheduled to start operation in December.

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Mitsubishi Heavy to supply 500 kWh (normal) containerized Li-ion energy storage system to power grid of Orkney Islands

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The project aims at demonstrating power supply stabilization in the region by introducing cargo container-type large capacity energy storage system using a lithium-ion rechargeable battery, which has a maximum power output capacity of 2MW. In the project, Mitsubishi Power Systems Europe, Ltd.

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Panasonic to begin mass-production of long-life Li-ion battery system for solar-powered homes in Europe

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Panasonic Corporation will begin mass- production this month of a compact, secure and long-life lithium-ion battery system the company has developed for European homes. This marks the first time for the company to produce in volume such a system designed for Europe.

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BMW Group and Toyota agree to mid-to-long-term research collaboration in next-generation Li-ion batteries; BMW to supply 1.6L and 2.0L diesel engines to Toyota Europe

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Under the MOU, the two companies will collaborate on research in the field of next-generation lithium-ion battery cell technologies. In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW Group have entered into a contract under which BMW Group is to supply 1.6-liter liter and 2.0-liter

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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.

Clean 334