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Solid-state sodium battery company LiNa Energy closes £3.5M funding round

Green Car Congress

Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million LiNa Energy, a spin-out from Lancaster University, established in 2017, is commercializing a safe, cobalt- and lithium-free solid-state sodium battery. —Dr Gene Lewis, CEO of LiNa Energy. million (US$4.8-million)

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Reliance buys Na-ion battery developer Faradion

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Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited ( earlier post ) for an enterprise value of £100 million (US$135 million). Sodium is the sixth-most abundant element on the planet.

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CATL unveils new sodium-ion battery for electric vehicles 

Electric Vehicles India

CATL unveils new sodium-ion battery for electric vehicles . The Contemporary Amperex Technology Ltd (CATL), the world’s largest electric car battery maker has unveiled a new battery that runs on the affordable and abundantly available sodium instead of lithium. CATL unveils new sodium-ion battery. and Volkswagen AG.

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GE to expand sodium-halide battery plant with $70M investment

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GE will invest an additional $70 million to expand its sodium-halide battery manufacturing plant in New York, which is part of the company’s new Energy Storage business. GE is also looking at using the batteries in heavy-duty hybrid applications such as in buses, locomotives and mining vehicles.

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NYSERDA awards $2M to 8 projects to develop advanced energy storage technologies

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The New York State Energy Research and Development Authority (NYSERDA) has awarded $250,000 to each of eight companies and research centers to develop working prototypes for a wide range of energy-storage technologies. The recipients are all members of the NY Battery and Energy Storage Technology ( NY-BEST ) Consortium.

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Mercom Capital Group: Battery storage, smart grid & efficiency companies raise $3.2B in funding in Q3 2020; up 165% QoQ, 777% YoY

Green Car Congress

Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the third quarter (Q3) and first nine months (9M) of 2020. Battery Storage.

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EV Guru: Sodium-Ion Batteries are Coming Sooner Than You think!

Plug In India

Demand for the element is so great for applications including electric vehicles, portable electronic devices, and stationary energy units, that lithium mining companies are struggling to keep up. In addition, about 90% of the world’s supply of lithium is controlled by Chinese companies. They both are alkaline metals.

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