Honda-LG ES begin ESS cell production at retooled Ohio EV cell facility
L-H Battery Company commenced lithium-ion (Li-ion) cell production at its Jeffersonville, Ohio, US plant this month, for automotive and stationary power applications.
Read MoreHonda-LG ES begin ESS cell production at retooled Ohio EV cell facility
Google, McKinsey, Tencent Sign Large-Scale Nature-Based Carbon Removal Deals
Singapore-based nature-based solutions project developer Thryve.Earth announced that it has signed a series of long-term offtake deals with Google, McKinsey and Tencent to remove more than 635,000 tonnes of carbon through a new agroforestry project restoring 6,000 hectares of degraded…
Itaipu hydropower plant plans battery storage, floating solar pilot
Itaipu Binacional is developing a pilot battery energy storage system (BESS) linked to its floating solar plant to evaluate how batteries can improve the integration of solar generation with hydropower. The demonstration project remains in the planning stage, with installed…
Catalyst Fund Raises $30 Million to Back Climate Tech Startups in Africa
Africa-focused climate technology venture capital firm Catalyst Fund announced the launch of Catalyst Climate Resilience Fund I, raising $30 million at the fund’s second close to invest in early-stage climate technology startups. Launched in 2016, Nairobi-based Catalyst Fund is an…
Hiconics discusses PowerNexus residential smart energy solution at Intersolar Europe
Energy-storage.news spoke with Gerry Liu, GM of Hiconincs, at Intersolar Europe in Munich. We discussed the company’s residential energy offerings and its plans for the European market.
ECB Begins Applying Climate Risk Factors in Collateral Framework
The European Central Bank (ECB) revealed that it has started the application of a new “climate factor” in its collateral framework, enabling the central bank to adjust the assigned value of assets pledged by banks as collateral for loans based…
Europe ROUNDUP: Projects, supply deals and acquisitions spanning north to east by Green Flexibility, Jinko, OX2 and Baltic Storage Platform
This edition of news in brief features portfolio acquisitions, project completions, a supply deal and investments across Europe.
Nickel-zinc battery maker ZincFive targets IPO, eyes AI data center growth
ZincFive co-founder Tim Hysell first encountered nickel-zinc chemistry while building battery backup systems for traffic lights – now his company is using the same chemistry to build uninterrupted power supply (UPS) battery cabinets. “We started this journey in 2009,” Hysell…
OX2 adds 290 MW/1,160 MWh battery to 230 MW Victoria solar project
X2 has acquired the late-stage Corop Solar Farm and battery project in Victoria from original developer BNRG Leeson, a joint venture between Melbourne-headquartered Leeson Group and Ireland-based BNRG Renewables. The late-stage hybrid project, planned for an almost 1,100-hectare site near…
Developers advance 171.5 MW/726 MWh of battery storage projects in Spain
Sungrow Renewables and ID Energy Group are advancing three battery energy storage system (BESS) projects totaling 171.5 MW MWh near the Vall d’Uixó 220 kV substation in Spain’s Castellón province. ID Energy Group is developing the ALM Julben Solar and…