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battery manufacturing

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Disassembled batteries
Recycling
Princeton NuEnergy scores $30 million in funding for lithium battery recycling In the USA, Princeton NuEnergy (PNE), a New Jersey-based specialist in lithium-ion battery direct recycling, has announced the close of a Series A funding round with a strategic investment from Samsung Venture Investment Corporation. PNE is now commercializing its lithium-ion battery recycling process that the company reports recovers up to 95% of materials found in all lithium-ion battery chemistries.
Anne Fischer
Jun 18, 2024
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LG building
Finance
LG Energy Solution offers funding to battery startups South Korean battery manufacturer LG Energy Solution is on the lookout for potential candidates for its 2024 Battery Challenge accelerator. The competition will award a maximum of 10 global companies with a $30,000 cash prize each, as well as an opportunity to develop their proof-of-concept. 
Blathnaid O’Dea
Jun 05, 2024
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Invinity large energy storage systems
Manufacturing
Invinity quadruples its vanadium-flow battery manufacturing in UK UK-based manufacturer Invinity Energy Systems has announced plans to set up a new manufacturing facility which would increase its long duration energy storage (LDES) manufacturing capacity to over 500 MWh per year.
Marija Maisch
Jun 04, 2024
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Svolt battery
Manufacturing
SVOLT abandons plans to open battery factory in Germany Chinese battery manufacturer SVOLT has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.
Marija Maisch
May 29, 2024
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Team of Verkor
Manufacturing
Verkor secures €1.3 billion for French gigafactory French battery manufacturer Verkor has secured more than €1.3 billion ($1.41 billion) in green financing for the construction of its first gigafactory in France. The production facility will supply batteries for electric vehicles (EVs) and stationary storage across Europe.
Marija Maisch
May 28, 2024
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Headquarter of Solarwatt in Dresden
Finance
Solarwatt ends battery storage production in Germany Solarwatt will discontinue production of energy storage systems in Germany by the years' end. In the future, the Dresden-based company will have all of its PV modules and storage systems manufactured exclusively in Asia.
Ralph Diermann, Sandra Enkhardt
May 28, 2024
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Anthony Albanese and Ed Husic
Manufacturing
Stationary storage key priority in Australia’s new National Battery Strategy The Australian government has announced its new multi-billion-dollar National Battery Strategy aiming to boost the country’s domestic battery manufacturing capabilities and critical minerals processing capacity.
David Carroll
May 24, 2024
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