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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

Global 170
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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh.

Charging 334
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sonnen accelerates US market efforts with solar-plus-storage technology package

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The new solar-plus-storage package offers US homeowners a straightforward path for using renewable energy. and efficiency financing, to develop new financing for energy storage. Additionally, sonnen is working with Spruce, an expert in residential solar. Guaranteed lifetime is 10,000 cycles or 10 years.

Solar 150
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40 Tesla Megapacks replace WW2 turbojet generator in Belgium

Teslarati

Michael Coudyser, General Manager of Corsica Sole, which is the developer, said that the project was financed with its shareholder, Mirova Energy Transition 5, without any public subsidy. “A A pioneer in energy storage in France, Corsica Sole has been operating this type of plant in the French islands since 2015.

Belgium 128
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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. The reuse and recycling of batteries is a key issue as increasing numbers of cities plan transition to electrically powered transport. IRIS is a Light House project, financed by EU HORIZON 2020.

Store 273
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Liquid metal battery company Ambri raises $35M in Series C

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Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. Ambri has raised more than $50 million in equity financing since its founding in 2010 and is the exclusive licensee of the Liquid Metal Battery intellectual property developed at MIT. Earlier post.)

Companies 210
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT.

MIT 210