Marija Maisch
Serbia attracts $2 billion Chinese investment in solar, wind, hydrogen
The Serbian Ministry of Mining and Energy has signed a memorandum of understanding (MoU) with Chinese companies Shanghai Fengling Renewables and Serbia Zijin Copper. It envisages the construction of 1.5 GW wind and 500 MW of solar projects alongside a green hydrogen production facility with 30,000 tons of annual output.
Delayed EU heat pump plan puts EUR 7 billion at risk, warn 61 industry chiefs
Sixty-one heat pump industry chiefs have signed a letter to European Commission President Ursula von der Leyen, warning that delaying the EU Heat Pump Action Plan jeopardizes a key net-zero European industry.
Eneco, Corre Energy partner on compressed air energy storage project
Corre Energy, a Dutch long-duration energy storage specialist, has partnered with utility Eneco to deliver its first compressed air energy storage (CAES) project in Germany. Eneco will acquire 50% of the project.
Chinese researchers develop high power density vanadium flow battery stack
Researchers at the Dalian Institute of Chemical Physics (DICP) in China have developed a 70 kW-level vanadium flow battery stack. The newly designed stack comes in 40% below current 30 kW-level stacks in terms of costs, due to its volume power density of 130 kW/m3.
Tiamat secures funding for sodium-ion gigafactory in France
French sodium-ion battery maker Tiamat has raised €30 million ($32.6 million) in equity and debt financing. It will use the funds to launch the construction of a 5 GWh production plant in the Hauts-de-France region.
Northvolt secures $5 billion for Europe’s first circular gigafactory
Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.
New solid state battery charges in minutes, lasts for thousands of cycles
Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new lithium metal battery that can be charged and discharged at least 6,000 times — more than any other pouch battery cell — and can be recharged in a matter of minutes.
Scalable thermochemical energy storage for renewable energy
US-based RedoxBlox has developed thermochemical energy storage (TCES) technology looking to replace natural gas heating for industrial sites and provide the lowest-cost, grid-scale storage.
Fortress Power debuts high-voltage, all-in-one residential battery
Fortress Power’s Avalon High Voltage Energy Storage System combines a hybrid inverter, high-voltage battery, and a smart energy panel in an all-in-one, whole-home backup system.
Acculon launches production of sodium-ion battery modules, packs
US-based Acculon Energy has announced series production of its sodium-ion battery modules and packs for mobility and stationary energy storage applications. Scaled production of 2 GWh is scheduled to start in mid-2024.
