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By Simon Jessop and Susanna Twidale Twenty-five GWh to be built at sites in Italy, Britain Part of 100 GWh buildout that could cost $4 bln-$5 bln Targets more than $15 billion in revenue over 20 years LONDON, June 23 (Reuters) – Independent energy firm NatPower and Tesla (TSLA.O) said on Tuesday they had reached …
NatPower, Tesla Reach Deal on First Phase of $5 Billion Battery Storage Plan Read More »
(Reuters) – Buyers of electric vehicles and consumers of a diet cola in India may seem to be two groups with little in common, but they are both at risk from the fallout from the ongoing closure of the Strait of Hormuz. The longer the narrow waterway remains closed to most vessels the more pronounced …
Hormuz Closure Extends Well Beyond Oil to Threaten Chinese EVs: Russell Read More »
The world’s largest EV-battery manufacturer is looking to stay ahead of BYD and other competitors Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery manufacturer, unveiled a new fast-charging technology ahead of the Beijing auto show in a bid to stay ahead of BYD Co. Ltd. and other competitors. The Ningde-based company, better …
China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge and a 1,000-km Range Read More »
LG confirmed the deal after it was mentioned in a U.S. Department of the Interior statement By Hyonhee Shin An LG Energy Solution Co. battery cell for electric vehicle displayed at the InterBattery exhibition in Seoul, South Korea, on March 17, 2022. Photo by SeongJoon Cho/Bloomberg LG Energy Solution Ltd. said it will produce US$4.3 …
LG to Supply Tesla With US$4.3 Billion of Batteries Read More »
Summary Energy storage could be game changer for lithium – analyst says Demand bolstered by China power sector reforms, data centre boom BEIJING/SINGAPORE, Jan 5 (Reuters) – A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply. The lithium …
Energy Storage Boom Strengthens Demand Outlook for Beaten-Down Lithium Read More »
By Ron Bousso Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON, Nov 20 (Reuters) – Stalled climate negotiations at COP30 and stubbornly high fossil fuel demand reflect the growing market consensus that the energy …
COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso Read More »
By Gavin Maguire LITTLETON, Colorado, Oct 3 (Reuters) – Although overshadowed so far by booming data center demand and the U.S. government’s gutting of clean energy policies, California’s rapid scaling of solar farms and battery systems may yet emerge as 2025’s most significant power story. California’s mammoth solar farms have generated more electricity than the …
COMMENTARY: California’s Solar and Battery Combo Packs a Transformational Punch Read More »
By Gavin Maguire A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake DENVER, June 24 (Reuters) – Rapid growth in the installation of batteries is upending power systems across the United States, with battery-deployed electricity volumes scaling new …
COMMENTARY: US Power Sector Battery Storage Momentum Keeps Charging On – Maguire Read More »
Bloomberg NRG Energy Inc. is working on deals to power US data centers “all over the country” and will reveal details with second-quarter results, according to the top executive of the independent generator. These are huge, complicated deals and it’s sensitive to figure out when to announce them, Chief Executive Officer Larry Coben said on Bloomberg TV. Data …
NRG Expects to Line Up New US Data Center Deals This Quarter Read More »
While production is set to stop by the end of next month, efforts to identify a purchaser for the plant remain ongoing Northvolt AB will stop making cells at its last remaining factory in northern Sweden at the end of June, marking the demise of what was once Europe’s best hope of a homegrown battery …
Northvolt to Stop Production in June With No Buyers in Sight Read More »
