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Stellantis invests in affordable sodium-ion battery technology

Teslarati

Stellantis Ventures became a strategic investor of France-based Tiamat, which is developing and commercializing sodium-ion battery technology. Stellantis Ventures is the corporate venture fund of the legacy automaker. Sodium-ion technology is free of lithium and cobalt and costs less per kilowatt-hour.

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Rincell Corporation raises USD 1.2 m seed round investment – ET Auto

Baua Electric

About the investment in Rincell, Sandiip Bhammer said, “Our investment in Rincell reflects a commitment to pioneering technologies that are set to revolutionize global energy storage and supply.” ” New Delhi: Rincell Corporation , an advanced chemistry battery cell manufacturer, has raised USD 1.2

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). The TCF was created by the Energy Policy Act of 2005 to promote promising energy technologies. TerraPower LLC, Bellevue, Wash.

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Xcel Terms First Phase of Sodium-Sulfur Battery Wind Energy Storage Test Project Successful

Green Car Congress

Xcel Energy has released the preliminary results from its wind-to-battery (W2B) storage project in Minnesota, and termed the technology successful. In October 2008, Xcel began testing a one-megawatt sodium-sulfur (NaS) battery ( earlier post ) to demonstrate its ability to store wind energy and move it to the electricity grid when needed.

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Haldor Topsøe acquires 18% of Na-ion battery company Faradion Ltd

Green Car Congress

Haldor Topsøe A/S, a global market leader in catalysis and related process technologies, recently acquired 18% of the shares in sodium-ion battery technology company Faradion Ltd, based in Sheffield, UK. Other partners in the investment included Finance Yorkshire’s Seedcorn Fund and Rising Stars Growth Fund II LP.

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NYSERDA Commits $8M to Develop and Commercialize 19 New York Battery and Energy-Storage Technology Projects

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The New York State Energy Research and Development Authority (NYSERDA) will award $8 million to help develop or commercialize 19 advanced energy storage projects. Funding will support projects in two categories: Industry-led near-term commercialization partnerships (two major awards), and technology development.

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GE to Open Sodium-Metal Halide Battery Plant in New York

Green Car Congress

GE Chairman and CEO Jeff Immelt shows a sodium-metal halide battery cell at the press conference announcing the battery plant. GE says the planned facility will produce approximately 10 million sodium-metal halide cells each year—equivalent to 900 MWh of energy storage, or enough to support 1,000 GE hybrid locomotives.

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