Na & Li Technology, a Chinese startup specializing in cathodes for solid-state batteries, announced in late April that it has completed the seed funding round and secured tens of millions of yuan from angel investors. The amount raised from the seed funding round is going to be used to build a pilot production line, procure raw materials, and recruit more talents. The angel investors included Canmax, Soochow Investment, and Casstar. ...  more
News
Mutual Offshore Wind Power; Denmark and Germany Look Into Hybrid Offshore Power Interconnectors |
published: 2023-05-15 9:30 |
Denmark and Germany are major advocates in decarbonization, and have been vigorously developing offshore wind power, where the offshore wind farms of both countries not only serve as the source of carbonless renewable power, but could also become the reciprocating bridge for the power grids of the two countries. ...  more
Low Material Cost and Environmentally Friendly; What are Additional Challenges for Commercialization of Zinc-Ion Batteries? |
published: 2023-05-15 9:30 |
Zinc-ion batteries come with many advantages, such as an abundance of zinc crust, affordance price tag, matured recycling technology, ability to store a mass amount of power, as well as the use of water-based electrolytes instead of the highly flammable organic solvents. However, there is still a long way ahead for the particular technology to attain commercialization, and now Swiss scientists could possibly take the first step in such direction. ...  more
Samsung SDI and GM Will Invest Over USD 3 Billion to Build EV Power Battery Plant in US |
published: 2023-05-15 9:30 |
After SK On’s announcement that it has formed a joint venture with Hyundai to set up an EV power battery plant in the US, Samsung SDI as the other major South Korean battery supplier is following suit. ...  more
Tesla Begins Construction of Lithium Refinery in US |
published: 2023-05-15 9:30 |
In April of last year, Tesla’s CEO Elon Musk announced via an online post that his company was planning to make a full-scale entry into mining and refining lithium. Now, over a year later, Tesla has started to take concrete steps towards this goal. On May 8 of this year, Elon Musk held a groundbreaking ceremony for a new lithium refinery in Corpus Christi, Texas. Among the attendees of the event was Texas Governor Greg Abbott. ...  more
Gazelle Unveils New Floating Offshore Wind Platform Technology Aiming to Accommodate Turbines up to 20MW |
published: 2023-05-12 15:25 |
Gazelle, an Ireland-based foundation developer for floating wind farms, announced the third-generation technology of floating wind platforms, claiming that it is able to accommodate large offshore turbines up to 20MW with reduced weight, a lower cost, and a decrease in submarine cable tension. ...  more
Equipment Installation Begins at Phase 2 of HuaSun’s Wafer Manufacturing Site in Anhui |
published: 2023-05-12 15:04 |
On May 6, HuaSun held a grand ceremony to mark the equipment move-in at the phase 2 of its wafer manufacturing site in Xuancheng Science and Technology Park. Xuancheng is a city in China’s Anhui Province. This event was first reported by other Chinese news outlets. ...  more
Gotion Hi-Tech’s LFP Batteries to Be Adopted for Volkswagen’s Vehicles Sold Outside China |
published: 2023-05-12 9:30 |
On May 10, the major Chinese battery supplier Gotion Hi-Tech announced that its subsidiary, Hefei Gotion, has received a procurement confirmation letter from Volkswagenwerk AG (Volkswagen). According to the letter, Gotion Hi-Tech will supply LFP battery cells for Volkswagen’s vehicles sold outside of China. Subsequently, a comprehensive adoption by Volkswagen for its various model series could take place. ...  more
Chery Submits Trademark Application for Battery, Thus Revealing Its Alliance with CATL in Product Development |
published: 2023-05-12 9:30 |
Several Chinese business information websites recently reported that compatriot carmaker CHERY has submitted an international trademark application for “Yuanqi Battery by CHERY and CATL” (“元气电池 BY CHERY & CATL”). ...  more
Microsoft Signs PPA with Nuclear Fusion Company Helion Energy |
published: 2023-05-12 9:30 |
Microsoft announced on May 10th that they have signed a power purchase agreement (PPA) with nuclear fusion company Helion Energy. The latter plans to initiate operation for the first nuclear fusion power plant before 2028 at a targeted power generation of 50MW. ...  more