Northvolt raises $600 million for lithium battery gigafactory from VW and Spotify cofounder
The European battery manufacturer has raised the funds with a private shares placement which included the co-founder and CEO of music streaming service Spotify.
Morning Brief: Revenue streams of CAISO batteries, Entergy still on the gas, New Hampshire NEM
Also in the brief: EPA raises legal questions about California’s plan to ban new gas-powered cars starting in 2035
Morning Brief: California modernizes its distributed energy interconnection rules, Pine Gate launches wave of Michigan solar
Also in the brief: Natron Energy, a supplier of fire-safe sodium-ion batteries using Prussian blue chemistry, has achieved a UL listing for its battery.
Morning Brief: Wyoming coal, Texas sun, Dems’ clean energy package, EV batteries made from deep-sea rocks
Even four years of the most pro-coal president in recent memory has done little to change coal’s misfortunes.
Funding energy innovation should be a national priority — how about $25 billion a year?
Two new reports see federal R&D dollars for energy innovation as critical for driving the economy’s post-Covid recovery and keeping the U.S. competitive and on the leading edge of the global energy transition.
North America’s first lithium-ion battery recycling hub is coming to New York
Li-Cycle, a Canadian battery recycling firm, has chosen Rochester as the home for its planned $175 million recycling facility, which promises to deliver recycled battery materials, beyond just lithium-ion, at market scale.
Morning Brief: EV startup Nikola CEO out after SEC fraud claims, China mulls stronger clean energy goals
Also in the brief: Re-retiring Maui’s 72-year-old, 38-MW oil-fired plant — by adding more solar-plus-storage. Colorado Springs Utilities plans for a 175-MW solar farm to be coupled with a 25 MW battery storage system, all built and installed by Boulder-based juwi.
How does the US retire 236 GW of coal and 1,000 gas peaker plants?
Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Plasma enables smaller, more powerful NMC-811 cathodes
Batteries could shrink even more with smaller crystals in the cathodes. Battery packs in electric vehicles and consumer goods could become smaller, while still offering high performance.
Chargepoint joins growing list of clean energy firms going public via SPAC
EV charging company ChargePoint is “nearing a deal to go public through a reverse merger” that could value the company at more than $2 billion.
