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INTERVIEW: Hithium’s sodium-ion storage push, where it could win, where it won’t, and path to bankability
In this interview with ESS News, Hithium’s Leb Lan discusses the company's advances, where sodium-ion could compete with LFP, and what still needs proving. Lan says validation of the new generation is planned and safety testing is ongoing, but is light on detail around pricing figures and engagement with insurers.
20 hours ago
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Enerparc attracts more than 100 potential investors as insolvency sale moves forward
More than 100 potential investors have expressed interest in insolvent German solar and storage developer Enerparc, with initial bids already submitted and a first transaction targeted for December. The sale could include solar portfolios, project pipelines and key subsidiaries, while financing challenges and potential creditor losses remain unresolved.
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Gresham House, Octopus sign two-year, fixed-price BESS deal
One of the United Kingdom’s largest battery storage investors has signed fixed price contracts for roughly half of its portfolio in a landmark deal for the British market. Battery storage market intelligence firm Modo Energy estimates the tolling arrangement to be worth GBP 56,000 ($71,584) per MW per year.
LG Energy Solution offers funding to battery startups
South Korean battery manufacturer LG Energy Solution is on the lookout for potential candidates for its 2024 Battery Challenge accelerator. The competition will award a maximum of 10 global companies with a $30,000 cash prize each, as well as an opportunity to develop their proof-of-concept.
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Verkor secures €1.3 billion for French gigafactory
French battery manufacturer Verkor has secured more than €1.3 billion ($1.41 billion) in green financing for the construction of its first gigafactory in France. The production facility will supply batteries for electric vehicles (EVs) and stationary storage across Europe.
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