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Northvolt files for bankruptcy in Sweden
After filing for Chapter 11 bankruptcy protection in the United States in November 2024, the European battery manufacturing torchbearer has failed to negotiate and implement a financial restructuring. The business has now filed for bankruptcy in its home country.
Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
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All Manufacturing news
In Conversation: ‘Good time to be battery storage developer’
At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.
What to expect at India Energy Storage Week
India Energy Storage Alliance (IESA) is set to host its annual international conference and exhibition event, India Energy Storage Week (IESW), from July 1 to July 5, 2024, in New Delhi. The event is expected to witness the participation of 150+ key partners and exhibitors and 1000+ companies, many of which will be unveiling major battery storage plans.
In Conversation: Wärtsilä’s strategy of concentration
Go big or go home might be the new motto in the battery energy storage industry, but some players are taking a more thoughtful approach. pv magazine ESS News caught up with Wärtsilä Energy Storage & Optimisation (ES&O) at last week’s Smarter E in Munich to discuss its business and technology strategies.
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In Conversation: Weight – a new challenge for BESS in Europe
Driven by the demand for higher efficiency and cost reduction, large-scale battery energy storage systems are increasigly featuring higher capacity cells. This has given rise to new challenges on the logistics front, particularly on the European soil. pv magazine ESS News caught up with Trina Storage at last week's Smarter E show to discuss this.
Plans for BESS assembly plant in Nigeria
RIPLEnergy Company has signed a Memorandum of Understanding with GIB EnergyX Slovakia s.r.o. to co-develop an assembly plant in Nigeria. The new plant should supply Battery Energy Storage Systems (BESS) in support of RIPLE’s Renewable Energy investments to supply commercial and industrial demand for 24/7 electricity.
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Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
Altris, Stora Enso to develop sodium-ion anode from lignin
Swedish sodium-ion battery specialist Altris has partnered with Stora Enso, Finish-Swedish cellulose and paper maker, to drive the adaptation of the corporation’s hard carbon solution Lignode as an anode material in its sodium-ion battery cells.
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