EnergyStorage

Forge Nano Seeks Significant Funding with Ambitious Valuation

25 days ago

In a bold move that signals its aspirations for rapid growth, Forge Nano, a prominent player in nanotechnology for lithium-ion battery applications, is currently seeking funding at a valuation of up to $900 million. This fundraising initiative comes as the company aims to expedite the adoption of its patented technology that enhances battery performance, potentially revolutionizing the energy storage market.

Surge in Large Batteries Powering Global Energy Grids: Tesla, Esvolta, and Fluence Lead the Way

2 months ago

In a transformative move for global energy infrastructure, an increasing number of large battery systems are being deployed by key industry players including Tesla, Esvolta, and Fluence. These robust energy storage solutions are significantly enhancing energy grid efficiency and resilience across various regions, ultimately reshaping how power is generated, stored, and consumed.

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

4 months 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

6 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

6 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.