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Na-ion battery developer Faradion collaborating with battery manufacturer AMTE Power

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a leader in non-aqueous sodium-ion battery technolog ( earlier post ), announced a collaboration which combines Faradion’s IP with AMTE Power’s design and manufacturing capabilities. AMTE Power has branded its sodium-ion product “Ultra Safe” due to its improved safety and enhanced thermal stability.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.

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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013.

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Faraday Institution to award up to £55M to five consortia for energy storage research

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The ultimate aim of the research is to facilitate improvements in batteries used for transport and other applications such as grid storage with improved performance and cost characteristics. Next generation sodium ion batteries–NEXGENNA.

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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

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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. Smart Grid.

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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. Smart Grid. There were no IPOs announced for Smart Grid companies in 2019.

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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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