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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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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. We have proved that this technology can perform the functions of storage that we were looking for to help us manage the variability of wind energy on our operating system.

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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 $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. The selected projects include advanced battery systems (including flow batteries), flywheels, and compressed air energy systems. Pecan Street Project (TX).

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TerraPower closes $750M fundraise; SK invests $250M

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SK Group is among South Korea’s largest energy providers and the second-largest conglomerate. This fundraise enhances TerraPower’s work in advanced nuclear energy technologies and nuclear medicine. Perkins Coie LLP acted as outside corporate counsel to TerraPower. The fundraise was co-led by SK Inc. SK invested $250 million.

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

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Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. Battery Storage. billion compared to $2.8 billion raised in 2018. billion in 2018.

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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. Ultralife Corporation. Integrating battery and ultra-capacitors on a common power circuit serving two renewable-energy generation sources. Murray, Jr.,