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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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Ultracapacitor developer and manufacturer Skeleton Technologies closed a further €29 million in its Series D financing. In terms of commercialization, we have started with a relatively niche market of supercapacitors and are now moving to Superbatteries, covering the high efficiency, high power niche of the battery market.

Estonia 186
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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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Nissan has more than 550 electric taxis on European roads

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With more than 550 electric taxis on European roads, Nissan is now Europe’s best-selling manufacturer of 100% electric taxis. In Estonia, it has been reported that a Nissan LEAF owned by taxi company, Elektritakso, has clocked up more than 218,000 kilometres (135,459 miles) on its original battery pack. Green Lite Taxi Kft.,

Taxi 150
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Neo Performance Materials and Energy Fuels launching US-European rare earth production initiative

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Under an agreement in principle, subject to completion of definitive agreements, Colorado-based Energy Fuels will process natural monazite sands into an RE Carbonate beginning in March or April 2021 and ship a portion of that production to Neo’s rare earth separations facility in Sillamäe, Estonia (Silmet).

Energy 186
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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The European Automobile Manufacturers’ Association (ACEA) has published new data demonstrating the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and both GDP and customer incentives. Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland. ECV Units sold.

Greece 150
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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. Ultracapacitors’ greatest advantages over their primary competition, batteries, are superior cycle life and power density. million in 2011 to $284.1

Carbon 353
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Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013

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A typical charging station in China is more akin to a “center” in which hundreds of charging points can be accessed for both commercial and passenger vehicles; in almost all other regions, a charging location is one to two pieces of equipment than can service two to four vehicles. Battery swapping. kW and in some cases up to 19.2

2013 231