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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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Tesla to build a second Megafactory for utility-scale energy storage units in Shanghai

Green Car Congress

Tesla will build its next Megafactory—the company’s utility-scale battery factory—in Shanghai; the plant will be capable of producing 10,000 Megapacks per year, equal to approximately 40 GWh of energy storage. Tesla’s original Megapack factory is in Lathrop, California, also with a 10,000 Megapack per year capacity.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. The detailed report— Need Nickel?

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EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai – ET Auto

Baua Electric

Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. Tesla opened an EV plant in Shanghai in 2019 that assembles cars for China, Europe and other overseas markets. The market leader is Chinese auto company BYD.

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Wanxiang and NEC to form joint venture for grid energy storage in China

Green Car Congress

China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market. Puxing Energy, a wholly-owned subsidiary of China Wanxiang Holding Co.,

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Benchmark: battery supply chain hit by Chinese energy cuts

Green Car Congress

Benchmark Minerals reports that China’s ongoing energy shortage, which has seen local governments enforce intermittent power cuts since July 2021, has begun to affect domestic anode and cathode production as several producers were forced to scale back production in late Q3.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. Gotion, one of China's power battery giants, ranked eighth in the world with a 2.1 In China, Gotion installed 0.78