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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

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Tokyo Electric Power Company Holdings, Inc. TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

Toyota 416
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Sakuu partners with LiCAP Technologies for electrode supply for solid-state batteries

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Under the MOU, the two companies will partner to establish best practices for end-to-end development and the reliable commercial supply of premium electrodes for Sakuu’s additive manufactured (AM) solid-state battery technology.

Supplies 326
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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. This is accomplished using bidirectional electronic converters that link the electrical network to EV batteries.

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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

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Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina.

Argentina 284
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USABC awards $2M to Li-ion battery recycling program with American Battery Technology Company

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The United States Advanced Battery Consortium LLC (USABC) is awarding $2 million to lithium-ion (Li-ion) recycling development project , “Strategic Collaboration for the Development of a Self-Sustaining Model for the Recycling of Large-Format Lithium-Ion (Li-ion) Batteries,” with American Battery Technology Company (ABTC).

Li-ion 243
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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.