Category: News

Equinor confirms the construction of its first commercial battery storage asset in the UK

Equinor approves final investment decision on the Blandford Road battery storage project in the south of the UK. This will be the first commercial battery storage asset for Equinor, and the first project realized from the strategic partnership between Equinor and Noriker Power. “Equinor aims to create a profitable renewables business by integrating battery storage…
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October 5, 2022 0

European Battery Alliance – A domestic raw material supply chain is essential for Europe’s battery ambition

Europe can proudly and accurately call itself a climate leader in a number of spheres. The Fit for 55 package is the latest boost to Europe’s green ambitions, confirmed regarding the transport sector by a positive vote of the EU Council in the June for increased CO2 reduction targets for new cars and new vans…
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September 15, 2022 0

SVOLT builds additional battery cell factory in Brandenburg, Germany for European market

Frankfurt am Main / Lauchhammer, Germany, September 9, 2022 – Today, SVOLT Energy Technology Co., Ltd. (SVOLT), a global high-tech company with headquarters in China and with a European office in Frankfurt am Main, announced that it will build another battery cell factory for the European market in Lauchhammer (district of Oberspreewald-Lausitz in the German State…
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September 12, 2022 0

Toyota announces major investment in battery production capacity

Toyota Motor Corporation (Toyota) is to invest up to 730 billion yen (approximately £4.53 billion) in the supply of automotive batteries to help meet the growing demand for battery electric vehicles (BEVs). It intends to begin battery production in Japan and the United States between 2024 and 2026. The investment is aimed at giving Toyota…
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September 5, 2022 0

New Octopus Energy renewables fund makes first investment to develop the UK’s largest battery

€220m Octopus Energy Development Partnership launched, driving new green power generation to reduce Europe’s gas reliance Fund to support renewable energy developers, helping to lower energy bills for consumers in future First deal to accelerate growth of renewables developer Exagen and the construction of the UK’s largest battery London, Wednesday 24 August 2022 – Octopus Energy Group…
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August 26, 2022 0