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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

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The new facility at the Changwon plant will produce a wide range of common electric storage solutions (battery packs) for Volvo Group and become a core competence center for electric excavators. The building work will begin in April 2023, with battery pack production expected to commence in June 2024.

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EU investing €1.8B in 17 large-scale clean tech projects

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Refineries (2 projects): In Norway, one project will build and operate the world’s first commercial-scale drop-in biofuel production facility to convert forestry waste into advanced second-generation biofuels and biochar. A project in Sweden will build a large-scale facility for the production of synthetic sustainable aviation fuel, using CO?

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Impact Clean Power Technology unveils visualization of GigafactoryX; 4 GWh/year by 2027

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The plant will also produce energy storage systems designed for the commercial power industry, including for large-scale electricity storage. The company teamtechnik Production Technology Poland is responsible for the supply and installation of the production line at GigafactoryX.

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Sanyo To Build 30B Plant For Automotive Li-Ion Batteries

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Sanyo Electric Co. will spend about ¥30 billion (US$314 million) to build an automotive lithium-ion battery plant. In 2008, Volkswagen and Sanyo announced a partnership to work on next-generation high-performance automotive electric storage systems based on lithium-ion technology. 7267) and vehicles of Ford Motor Co.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Commencing today, the project aims to build a vehicle-to-grid (V2G) system, and through this a business model that utilizes the electricity storage capabilities of multiple EV/PHEVs to regulate power demand and supply between the grid and electric vehicles. Scope of demonstration system to be built in FY 2018.

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Mitsubishi joins PSA and other French partners in second-life batteries demonstration

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The purpose of the project is to demonstrate efficient and economically feasible energy management practices based on the optimization of electricity storage, charging and generation technology with respect to existing demand. Low voltage (48 Volts) Energy Storage System use of new automotive batteries.