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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

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Hydro-Québec has launched EVLO Energy Storage Inc. EVLO ), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. EVLO systems also include power control and energy management software. Energy storage will play a crucial role in the energy transition.

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Renault signs two major battery deals for production in France; Envision AESC and Verkor

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The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. The first is with Envision AESC —a long-standing partner of Nissan; the second is with Verkor , a Grenoble-based start-up specialized in development of EV battery cells.

France 334
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UP Catalyst CO2-derived carbon nanotube electrode material boosts cycle life in Na-ion batteries

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Tests conducted by Titirici Group , a multidisciplinary research team based at Imperial College London, have found that a novel carbon nanotube electrode material derived from CO 2 —produced by Estonian nanotech company UP Catalyst ( earlier post )—enhances the cyclability of sodium-ion batteries.

Carbon 366
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Chemours investing $200M to expand Nafion production in France

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The Chemours Company will invest $200 million to increase capacity and advance technology for its Nafion ion exchange materials to be located at Chemours’ manufacturing facility in Villers-Saint-Paul, France. Our society has a tremendous opportunity to build a more sustainable future, and that must include transitioning to cleaner energy.

France 218
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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Hydro-Québec partnering with Mercedes-Benz on development of solid-state battery technologies

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Canadian battery material specialist Hydro-Québec is partnering with Mercedes-Benz as part of the automaker’s research and development activities on future EV technology. With its latest developments, Hydro-Québec has achieved promising results for future battery performance, range, and weight, along with safety.

Mercedes 368