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Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant.
Better batteries will get us to an electrified future. The mass adoption of electric vehicles — and, well, electric everything — will rely heavily on cheap, dependable batteries. While the cost of lithium-ion batteries has dropped dramatically , the technology still leaves something to be desired. Mike De Socio.
Eecomobility, a startup that specializes in developing battery testing and monitoring software for the EV, energy storage and industrial markets, has secured seed funding from a group of investors. The EECOPower tool is applicable to battery cells, modules and packs. Source: Eecomobility
Battery cathode active materials (CAM) startup ACT-ion Battery Technologies has raised $7.5 ACT-ion says it has developed an efficient and cost-effective means to produce single crystalline cathode active materials, which could improve battery performance and cycle life. Source: ACT-ion Battery Technologies
Natron Energy has started commercial-scale operations at its sodium-ion battery manufacturing plant in Michigan, US, and elaborated on how its technology compares to lithium-ion in answers provided to Energy-Storage.news.
Tesla's co-founder is pioneering a circular system for electric vehicle batteries. This week, I've been thinking a lot about electric vehicle batteries and the massive potential for battery recycling and reuse. The industry needs to make the process of EV battery production, use, reuse and recycling much more efficient.
The US and Europe badly need to start manufacturing battery cells, and break the Chinese dominance of the market. But theres no joy in Batteryville these daysonce-promising startups are failing and/or scaling back their plans. KORE Power and Freyr Battery have canceled plans to produce cells in the US. So, what went wrong?
Lithium-ion battery storage system integrator Fluence and iron-air batterystartup Form Energy have completed fire safety and explosion testing of energy storage technologies.
Battery technology startup Alsym Energy is keeping the exact chemistry of its product under wraps for the time being, the company has confirmed to Energy-Storage.news.
Morrow Batteries, one of several startups committed to producing lithium-ion batteries at gigawatt-hour scale from factories in Scandinavia, has secured a 5.5GWh offtake deal.
Energy Dome has signed a contract with Alliant Energy for a 200MWh long-duration energy storage (LDES) project in Wisconsin, which the US utility considers the “first of many.”
Work has begun on the first pilot project using Form Energy’s iron-air battery, designed to cost-effectively store and discharge energy over multiple days.
Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.
may have fallen behind Asia and Europe in battery manufacturing, but a number of well-funded companies are looking to get the country back in the game with a technology that could supersede today’s lithium-ion chemistries. “Solid-state is a platform that allows things like metallic lithium as an anode,” he said.
Eos Energy Storage spent 12 years building up a technology it says can rival the dominant lithium-ion batteries for storing grid power. Similar startups ran out of cash and fell by the wayside, but Eos has survived, and now plans to leave venture capital behind and enter public markets via merger with a shell company.
Norway-based startup Elinor Batteries has launched a new product, the Orkan DC Block, which it claims will deliver 30% more energy density than existing products.
Pennsylvania-based venture capital firm Green Swan Partners (GSP) has reached an agreement with Skysong Innovations , the technology transfer arm of Arizona State University (ASU), granting GSP the exclusive option to finalize commercial rights to ASU’s fire-safe battery technologies.
Battery Resourcers , a battery recycling and manufacturing company, recently completed a $20-million Series B equity round to support the development of a commercial-scale processing facility with the annual capacity to recycle 10,000 tons of batteries—roughly the amount of batteries from 20,000 EVs.
Embargo til April 17 TDK Ventures has invested in lithium-extraction startup Novalith, which has developed a novel system for extracting battery-grade lithium from resource deposits. Novalith points out multiple drawbacks of current lithium production methods.
Lithium and battery technology startup Energy Exploration Technologies ( EnergyX ) has announced investment of $450 million from investment firm Global Emerging Markets. EnergyX also has plans for its Solid State Lithium Metal Battery (SoLiS). Source: EnergyX.
There are also more incentives for fleet managers to adopt these battery-powered vehicles, because in a growing amount of cases, electric vehicles can save companies money over using diesel power. . Battery-powered commercial vehicles also highlight the power of the lithium-ion battery in a unique way.
Battery backup systems coupled with solar are being hailed as the best solution to public safety power shutoffs in California — not to mention our archaic electric grid. Limits to whole-home battery backup. Myths often have origins in fact: Whole-house battery systems do indeed work for off-grid applications.
Batteries aren’t dead when they come to the end of their useful life in an electric vehicle. Reused or “second-life” lithium-ion batteries still have a lot of juice left in them, but so far the concept of using these batteries in stationary applications has yet to gain real market traction.
US-based sodium-ion BESS startup Peak Energy has opened a battery cell engineering centre in Broomfield, Colorado, in partnership with the Colorado Office of Economic Development and International Trade (OEDIT).
Australia-based battery materials company Liontown Resources has agreed to supply Tesla with spodumene concentrate, a source of lithium. Liontown will supply Tesla with up to 150,000 dry metric tons (DMT) of spodumene concentrate per year, produced at Liontown’s Kathleen Valley Lithium Project in Western Australia.
ImpactAlpha, July 13 – Batteries are big as startups and investors bet on the low-carbon energy transition. The post Race for better lithiumbatteries accelerates with two big raises appeared first on ImpactAlpha. SES, based near Boston, scored $100.
has a major new partner to bring its sleek, sensored and circuit-by-circuit remote-controllable electrical panels to market: lithium-ion battery giant LG Chem. On Thursday, LG Chem launched its new new " customizable backup ” solar-storage offering, which includes its RESU home batteries and a Span smart panel.
The DOE’s Oak Ridge National Laboratory (ORNL) has licensed a new battery electrolyte technology to Safire Technology Group, a battery tech startup formerly known as BTRY. The collection of five patented technologies is intended to be a drop-in additive for lithium-ion batteries. Source: ORNL.
The startup aims to boost the North American battery supply chain by producing an iron-based cathode. Iron-based battery chemistries have long dominated the market in China, while US and European automakers have mostly used nickel-based chemistries. My one pager attached.
Biofuels may be biofuels, and batteries may be batteries. Likewise, lithiumbatteries, zinc batteries, sodium-ion batteries, redox flow batteries, hydrogen storage, and sub-categories dot the energy storage landscape. Lithiumbattery companies are Example A in this World War I style combat.
Energy Dome, the startup commercialising a proprietary carbon dioxide-based long-duration energy storage (LDES) tech called the CO2 Battery, has secured investment into a grid-scale project.
Geologists have estimated that an area in the Upper Rhine Valley, in the Black Forest area of southwestern Germany, holds enough lithium for more than 400 million electric cars, making it one of the world’s biggest deposits. The trove could reduce the reliance of the German car industry on imported lithium.
Dutch startup LeydenJar is opening a pilot plant to manufacture new-generation batteries that utilize pure silicon anodes, which the company says can store 50% more energy than conventional lithiumbatteries. It hopes to have the plant operational by mid-2020. Source: LeydenJar.
demand for lithium-ion batteries with recycled metals and materials. On Tuesday, the startup founded by Tesla co-founder and former CTO JB Straubel got a big chunk of that funding, landing more than $1 billion in venture investment. … Redwood Materials needs a lot of money to scale up its plans to supply U.S.
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