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ROSATOM subsidiary acquires 49% stake in Korean battery maker Enertech; planning gigafactory in Russia

Green Car Congress

RENERA LLC, ROSATOM’s integrator company for the energy storage business (subsidiary of TVEL Fuel Company of Rosatom) is acquiring a 49% share of Enertech International , a South Korean manufacturer of electrodes, lithium-ion cells and energy storage systems.

Russia 170
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South Dakota School of Mines & Technology vying to establish international center for solid-state batteries

Green Car Congress

The South Dakota School of Mines & Technology is vying to establish an international center to develop solid-state batteries which will be safer, cheaper, smaller and more efficient than lithium ion batteries. We are excited about the possibility of Mines taking such a major role in new green technology that could really change the world.

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Daimler enters stationary energy storage market with ACCUmotive battery systems; 500 kWh unit already on line for grid stabilization

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Daimler is entering the commercial and residential stationary energy storage system (ESS) market with its wholly-owned subsidiary Deutsche ACCUmotive. Daimler is also aiming to enter into cooperation with other sales and distribution partners both in Germany and at international level. kWh (residential) and 5.9 Click to enlarge.

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Report says lithium from California’s Salton Sea can anchor US battery supply chain

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—Danny Kennedy, CEO of New Energy Nexus. Source: New Energy Nexus. New Energy Nexus is an international non-profit that supports clean energy entrepreneurs with funds, accelerators, and networks. Earlier post.).

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

Auto 52
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Ener1 Partners With Russias Federal Grid Company to Develop Grid Energy Storage Opportunities

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Rapid introduction of smart grid technology combined with energy storage capabilities is seen as a crucial tool for building a robust and modern system. Petersburg International Economic Forum, which gathers global business leaders and top officials of the Russian Federation.

Russia 186