EnergyStorage

Northvolt's Interim Chair Acknowledges Urgent Need for Battery Production Overhaul

28 days ago

In recent developments, the interim chair of Northvolt, a leading European battery manufacturer, addressed critical issues within the company's production operations. In a candid statement, the chair emphasized that Tesla's long-term partner must address significant inefficiencies in its manufacturing processes to sustain competitiveness and meet rising demand for electric vehicle batteries.

Northvolt Backers Pump $49 Million into Swedish Battery Innovator Polarium

3 months ago

A forward-thinking move that demonstrates the rapidly growing demand for sustainable energy solutions, investors supporting Northvolt, one of the most prominent battery manufacturers, have contributed a whooping $49 million to Polarium, a Swedish startup specializing in battery technology. This funding round is an important milestone in the continued evolution of energy storage.

Storage Takes Center Stage in China’s Green Energy Transition

3 months ago

China is reworking its green-energy strategy with a greater emphasis on energy storage as it tries to ensure the stability and reliability of supplies of renewable power. As the world's biggest emitter of carbon dioxide undertakes a shift toward cleaner sources of energy, the need for reliable means of energy storage has become key in the attainment of carbon neutrality by 2060.