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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR AS and 24M Technologies signed a definitive License and Services Agreement to use 24M’s SemiSolid lithium-ion battery platform technology ( earlier post ) in FREYR’s planned facilities in Mo i Rana, Norway. —Tom Jensen, the CEO of FREYR. 24M’s SemiSolid battery cell simplifies and enables stronger recycling opportunities.

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Demand for lithium ion batteries is forecast to grow to 3.7 This includes spending on renewables such as wind and solar as well as grid and other infrastructure. This year is expected to see more than a million tonnes LCE of lithium mined for the first time, according to Benchmark’s Lithium Forecast.

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New nanoparticle copper compound cathode could enable low-cost, long-life and high-power potassium-ion batteries for grid storage

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Short-term transients, including those related to wind and solar sources, present challenges to the electrical grid. Stationary energy storage systems that can operate for many cycles, at high power, with high round-trip energy efficiency, and at low cost are required. Cost is a greater concern. —Colin Wessells.

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New long-duration, extended capacity Na-Al battery design for grid storage

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These metrics show the great potential of this unlocked chloroaluminate battery for future low-cost, long-duration electrochemical energy storage. In comparison, the energy density for lithium-ion batteries used in commercial electronics and electric vehicles is around 170–250 Wh/kg. —Weller et al. Weller et al.

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FREYR Battery chooses Mpac Lambert for supply of battery cell assembly equipment package to customer qualification plant

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Mpac Lambert, a UK-based developer of automation and mass production solutions, was prequalified to participate in the competitive tender following nearly three years of cooperation with 24M Technologies on industrializing and scaling 24M’s SemiSolid lithium-ion battery platform technology.

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UT Austin team devises new strategy for safe, low-cost, all-solid-state rechargeable Na or Li batteries suited for EVs

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John Goodenough, known around the world for his pioneering work that led to the invention of the rechargeable lithium-ion battery, have devised a new strategy for a safe, low-cost, all-solid-state rechargeable sodium or lithium battery cell that has the required energy density and cycle life for a battery that powers an all-electric road vehicle.

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