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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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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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Forsee Power partners with CALB for the supply of battery cells

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France-based Forsee Power is sourcing very high energy density NMC cells to be integrated into its battery systems from Chinese battery cell manufacturer CALB. It specializes in cells for electric vehicles and energy storage systems.

Supplies 150
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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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NAWA Technologies begins production of Vertically Aligned Carbon Nanotube material for energy storage systems

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NAWA Technologies has begun manufacturing its Vertically Aligned Carbon Nanotube (VACNT) material at its Aix-en-Provence facility in southern France. NAWA is showing that, for the first time, VACNT can be grown simultaneously on both sides of a substrate in a process that is fully scaleable.

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Leclanché to supply battery storage system for two hybrid-powered ferries

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Swiss shipbuilding company Shiptec AG, based in Lucerne, and Siemens Energy SRL, Milan, have selected Leclanché to supply energy storage systems for two new hybrid-powered vessels that will operate on Lake Geneva. The first of the nine ships ordered by Grimaldi is currently undergoing sea trials.

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