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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. They include enclosure, heat management and other balance of system.

Energy 199
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Hynfra and Amarenco MENA form strategic partnership to produce hydrogen and ammonia in MENA region

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Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North Africa and part of Amarenco Group. The area has high solar radiation levels, making it an ideal location for large-scale solar energy production. Hynfra P.S.A.

Hydrogen 150
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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334
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Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network

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The new plant is the third production facility in the company’s global battery production network. The plant works closely with the Mercedes-Benz Energy GmbH. Daimler is investing more than one billion euros in a global battery production network within the global production network of Mercedes-Benz Cars.

Mercedes 221
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LG Chem partners with Umicore for the supply of NMC cathode materials

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Umicore and LG Chem have concluded a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials to serve LG Chem’s needs out of Umicore plants in Poland, Korea and China. Most of the volumes covered by this agreement will be supplied from Umicore’s greenfield facility in Poland.

Supplies 199
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources. Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources.

Germany 170
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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

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China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. —Ilpo Korhonen, CEO, Valmet Automotive.

Chinese 150