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Sion Power Raises $75 Million to Commercialize Its Proprietary Licerion Technology for Electric Vehicles

February 5, 2024

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Tuscon

,

AZ

,

United States

January 24, 2024 10:00 AM Eastern Standard Time TUCSON, Ariz.--(BUSINESS WIRE)--Sion Power Corporation, a leading technology developer of next-generation batteries for electric vehicles (EV), announces today that it has secured $75 million in Series A funding. The round was led by leading global battery manufacturer LG Energy Solution (the investment to be executed through LG Technology Ventures and Bricks Capital Management) and repeat participation from mathematician Jim Simons’ Euclidean Capital. The company also secured new investment from former Google CEO, Eric Schmidt’s Hillspire LLC. “This investment is a strategic decision to solidify our leadership in the development of next-generation technologies

Aggreko Energy Transition Solutions Acquires Texas Solar Project

January 31, 2024

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Houston

,

TX

,

United States

Aggreko, the global leader in energy solutions, today announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division has acquired a 13 MW behind-the-meter solar power project site in Texas. Aggreko ETS will oversee construction, own, and operate the clean energy project in support of a Texas energy producer’s drive to decarbonize operations. Once complete, the system will provide the customer with predictable cost savings and Scope 1 and 2 greenhouse gas emissions reductions under a long-term fixed-price power purchase agreement. “We’re pleased to complete this transaction and add it to our growing portfolio of solar and storage projects under development in

Electriq Power Announces New Partnership with The Energy Coalition to Form Sustainable Community Networks in Los Angeles County Under the PoweredUp Network Program

January 30, 2024

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West Palm Beach

,

FL

,

United States

West Palm Beach, FL. – January 30, 2024 – Electriq Power Holdings, Inc. (“Electriq”) (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, announced today that it has formalized its partnership with The Energy Coalition (TEC) to offer a Sustainable Community Networks (SCN) program within TEC’s Advanced Energy Community, and adjacent municipalities in Los Angeles County’s San Gabriel Valley area.   Through the Sustainable Community Networks program, known as PoweredUp Network, Electriq offers zero-upfront cost solar + battery storage systems to qualifying homeowners. There are no income, credit or property lien requirements, making it

Allye and SYNETIQ collaborate on repurposing electric vehicle batteries, creating a true circular economy for the UK.

January 19, 2024

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London

,

,

United Kingdom

London 09/01/2024: Clean-tech start-up Allye Energy, the smart battery technology platform for distributed energy storage at the grid edge, has entered into a strategic supply agreement with SYNETIQ, an IAA company and the UK’s leading integrated vehicle salvage, dismantling and recycling company, for the supply of repurposed electric vehicle battery packs. Under the agreement, Allye will purchase electric vehicle batteries from SYNETIQ to install in the MAX Battery Energy Storage System (BESS), a 300kWh intelligent energy- storage-as-a-service (ESaaS) product for industrial and corporate customers to reduce energy bills by up to 50% and provide flexibility services to the grid to

Finnish startup Cactos raises over €26M to increase its battery energy storage system portfolio

January 19, 2024

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Helsinki

,

,

Finland

HELSINKI, Finland (January 11th, 2023) Cactos, a developer of smart energy storage systems, has raised over €26M worth of equity investments in its Cactos Fleet Finland Limited Partnership (Company) to finance the growth of its battery energy storage system portfolio. Lead investors in the round are  OP Finland Infrastructure LP and the Finnish Climate Fund. Cactos Fleet Finland LP aims to raise a total of €70M in capital, consisting of €35M in equity and €35M in debt. The company intends to invest all of its capital into smart energy storage units in an investment period of approximately two and a half years

GREENSWANS’ SAFE-LI ANNOUNCES ITS FIRE-SAFE LITHIUM BATTERY TECHNOLOGY ADVANCES TO NEXT STAGE OF SCALING  

January 19, 2024

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Pittsburgh

,

PA

,

United States

(PITTSBURGH, PA) Jan. 3 GreenSwans, a climate technology company that identifies and commercializes technologies to address the $2+ trillion global climate economy, announced today a breakthrough in its fire-safe Lithium battery technology, called Safe-Li. Last March, Safe-li was awarded a  grant from Shell GameChanger to fund a research and development project designed to scale its battery design. The company announced today the successful completion of the project’s first phase that included passing safety and performance benchmarks. As a result, Shell approved Safe-Li to move to the project’s final phase which will scale the design to a pre-A battery sample.   “We are very pleased

Electriq Power to Launch 10 New Sustainable Community Networks in California Under the PoweredUp Network Program

January 10, 2024

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West Palm Beach

,

FL

,

United States

West Palm Beach, FL. – January 10, 2024 – Electriq Power Holdings, Inc. (“Electriq”) (NYSE:ELIQ), a trusted provider of intelligent energy storage and management solutions for homes and small businesses, announced today that it will launch 10 new Sustainable Community Networks (SCN) in municipalities in Los Angeles County under one contract.  Through the Sustainable Community Networks program, known as PoweredUp Network, Electriq offers zero-upfront cost solar + battery storage systems to qualifying homeowners. There is no income, credit or property lien requirements, making it ideal for low-to-moderate income residents to gain access to clean, reliable affordable energy. The systems can

Temsa teams with Minespider for battery regulations

December 21, 2023

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Berlin

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Germany

,

Germany

Temsa is to partner with Minespider to collect key data, integrate Battery Passports and comply with the new EU Battery Regulation. The Battery Passport is an electronic record that will hold all the data regarding a battery including its technical details, information, sustainability and usage data that was proposed by the EU Battery Regulation proposal in 2020 and approved in July 2023. A Life Cycle Assessment and carbon footprint declaration will also be carried out. Being one of the leading smart mobility companies, Temsa operates in many EU countries and has to comply with the new regulation. The requirement to establish Battery Passports will be obligatory

Lithos Selects Global Leading Manufacturer from South Korea for Long-Term Battery Cell Supply Agreement for its Next-Generation Battery Systems

December 18, 2023

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Hayward

,

California

,

United States

Lithos Energy Inc. (“Lithos”), a world leading manufacturer of high-performance lithium-ion battery systems engineered for demanding environments, today announced that they have signed a long-term battery cell supply agreement with a top-tier manufacturer from South Korea (the “Manufacturer”) for lithium-ion battery cells. Under the terms of the agreement, the Manufacturer will supply Lithos with cells starting in 2024. The cells will be used in Lithos’ line of high and low voltage battery systems to meet strong client demand across multiple end markets undergoing electrification, notably in construction, EV, agriculture, off-highway, mining, and marine. “We are committed to making battery systems

Aggreko Energy Transition Solutions Completes the Acquisition of Nine Community Solar Projects Across New York State

December 13, 2023

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Houston

,

Texas

,

United States

Aggreko, the global leader in energy solutions, today announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division acquired a portfolio of nine community solar projects in the state of New York. The ground-mounted installations will total approximately 59 MW of generating capacity when construction of the projects is complete. Along with closing on the acquisition, on November 29 Aggreko ETS successfully connected the first of the nine projects to the grid, a 5.9 MWdc project in the town of Vernon, 40 miles east of Syracuse. Aggreko ETS is now overseeing the construction of the community-solar projects to ensure they

InnoEnergy Skills Institute reaches milestone of 50,000 upskilled learners to support a growing battery industry

December 11, 2023

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London

,

London

,

United Kingdom

InnoEnergy Skills Institute reaches milestone of 50,000 upskilled learners to support a growing battery industry The InnoEnergy  Skills Institute has announced the completion of specialised training courses for over 50,000 individuals, a significant step towards addressing the growing workforce demands in the battery industry. 11 December 2023: InnoEnergy Skills Institute, one of Europe’s leading training skills providers for the sustainable energy workforce, has hit a milestone since its launch in February 2022. Led by EIT InnoEnergy, 50,000 learners have now undertaken training courses to gain skills necessary to thrive in a rapidly evolving value chain. Trainings built in collaboration with

Worley partners with Sila to build a next-generation battery materials plant

December 5, 2023

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Sydney

,

,

Australia

Worley, a global project delivery and asset services provider, has partnered with Sila, a next-generation battery materials company, to provide engineering, procurement, and construction management (EPCM) services for the development of Sila’s silicon anode materials plant located in Moses Lake, Washington.        Sila Plant Moses Lake will utilize clean energy with hydro-powered material production and is expected to ramp battery material capacity up to 150 GWh annually by 2028; powering one million electric vehicles over the next five years.  Sila has a patented process for the mass manufacturing of its nano-composite silicon anode, Titan SiliconTM.  Titan Silicon can fully replace

Spanish Startup Floatech to Construct Pilot Plan to Produce Next-Generation Silicon Anodes for LIBs

November 28, 2023

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Madrid

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Madrid

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Spain

Floatech, the disruptive Spanish startup, to build pilot plant for the production of its next-generation silicon anodes. Silicon anodes will be crucial for the next generation of lithium-ion batteries (LIBs) that will power future electric vehicles. The international market for these anodes for electric mobility LIBs is valued at over 36 billion euros, with an expected annual growth rate of 18% for the period 2022-2032. Floatech, the Spanish startup and spin-off of IMDEA Materials Institute in Madrid, has secured investor backing to establish a pilot plant for the production of 100% silicon anodes intended for lithium-ion batteries (LIBs). The funding

Eaton delivers enhanced connectivity and cybersecurity innovation for backup power technologies

November 13, 2023

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Raleigh

,

NC

,

United States

RALEIGH, NC … Intelligent power management company Eaton today announced its latest innovation in connected backup power and cybersecurity with the North American launch of its Gigabit Network Card (Network-M3). The Network-M3 card features all the enhanced capabilities customers expect from Eaton Gigabit Network Card technology and adds new, innovative features to help organizations meet their unique cybersecurity needs. With capabilities for web-based monitoring and alerts, the Network-M3 card provides valuable insights into IT power usage, reshaping the way IT teams monitor and control their power systems as security needs evolve. “As IT managers continue to embrace enhanced connectivity and

EnviroGuard expands new and improved neutralization spill containment pillow technology with extended warranties for mission critical facilities.

November 13, 2023

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Montclair

,

CA

,

United States

[MONTCLAIR, CA - October 17, 2023] – EnviroGuard announces the expansion and continuous improvement of spill containment pillow technology for industrial battery environments with vented lead acid (VLA), valve regulated lead acid (VRLA), and vented NiCad batteries. Facilities such as data centers, telecommunications, and utilities utilize batteries that contain sulfuric acid or potassium hydroxide. A leak of these chemicals can result in environmental spills and fires; presenting a hazard to employees. To ensure the protection of mission critical facilities and personnel, EnviroGuard’s new and improved neutralizing and absorption pillows utilize unique properties and technologies such as dustless Neutrasorb, flame retardant

Lithos Opens New Battery System Manufacturing Facility in California

November 6, 2023

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,

Massachusetts

,

United States

HAYWARD, CA (November 6, 2023) - Lithos Energy Inc. (“Lithos”), a world leading manufacturer of high-performance lithium-ion battery systems engineered for demanding environments, today announced that it has opened a state-of-the-art manufacturing and pilot line facility for its latest generation of battery systems.   The 65,000 square foot engineering facility is located in Hayward, California—Silicon Valley. This new facility will feature enhanced pack assembly automation and will manufacture, at scale, Lithos’ high-performance and high-durability battery pack systems. The facility will also serve as the model for planned co-located commercial scale factories that are to be in proximity to customer manufacturing

CMBlu Energy receives $106.7 million strategic growth investment from infrastructure technology company STRABAG SE

October 27, 2023

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Petaluma

,

California

,

United States

CMBlu Energy (CMBlu), a designer and manufacturer of long-duration Organic SolidFlow™ battery storage systems, announced that STRABAG SE, the global infrastructure technology group, is making a $106.7 million (€100 million) equity investment in CMBlu. The new capital will accelerate CMBlu’s battery development and manufacturing scale-up, while cementing strategic alignment with STRABAG’s construction and infrastructure business. The partnership provides a major boost for the commercialization of safe, sustainable, and secure energy storage technology to enable an affordable and resilient transition to a decarbonized energy sector. This is STRABAG’s first investment in an energy storage technology developer. The funding accelerates CMBlu’s deployment of its

Battery Tech Innovator Nuvvon Inc. Partners with Rutgers in Advancing Offshore Wind Applications

October 24, 2023

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Bordenstown

,

NJ

,

United States

Nuvvon, innovators in alternative solid-state battery materials, is partnering with Rutgers EcoComplex- Clean Energy Innovative Center and its WindIgnite Offshore Wind Supply Chain Accelerator Program to advance their mutual goals of renewable energy storage and sustainable development. Through the partnership, Rutgers will focus on developing and commercializing Nuvvon’s innovative solutions in energy storage that contribute to the development of a sustainable Offshore Wind (OSW) supply chain and address the world’s pressing environmental challenges. Nuvvon has the technology to store energy generated from wind for use during periods of peak demand and when generation levels are low. Nuvvon’s next-generation solid-state energy

Sepion Technologies Opens One of Largest Separator Coating Facilities for Lithium-Metal Batteries in North America

September 26, 2023

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Alameda

,

California

,

United States

Sepion Technologies Opens One of Largest Separator Coating Facilities for Lithium-Metal Batteries in North America Sepion Technologies, a leading battery product company focused on advancing lithium-metal batteries (LMBs) for electric vehicles (EVs) and e-mobility applications, announces the opening of one of North America's largest separator coating facilities for LMBs. This cutting-edge, 100 percent renewable-energy-powered building spans 25,000 square feet, increasing Sepion's separator coating capacity by 1,000-fold and polymer synthesis scale by 100-fold. It also enables the production of up to 10 Ah pouch cells. These enhancements will expedite the transition of Sepion's LMB separator coatings from prototype to pilot-scale production

Redflow awarded funding from U.S. Department of Energy for 34.4 MWh energy storage project

September 25, 2023

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Brisbane

,

,

Australia

Redflow Limited (ASX: RFX), a global leader in clean energy storage, announced that the U.S. Department of Energy (DOE) has approved funding for a 34.4 MWh long-duration energy storage (LDES) microgrid project in which Redflow has been named as the battery provider. The project will form part of the DOE’s US$325 million LDES program which seeks to advance critical clean energy technologies, expand the adoption of renewable energy resources, and strengthen America’s energy security, announced on September 22. The Children’s Hospital Resilient Grid with Energy Storage (CHARGES) project will enable the Valley Children’s Hospital in Madera, California to replace diesel generators with cleaner, more cost-effective