Volta Inc. (NYSE: VLTA) announced the execution of a definitive merger agreement under which Shell USA Inc., a subsidiary of Shell plc (NYSE: SHEL), will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta's powerful dual charging and media network to Shell's established brand and seeks to...
ESY SUNHOME ("ESYSH"), a new energy storage product company, successfully held a product launch event on January 14. The most important partners of ESYSH-- EAST (300376), Ganfeng Lithium (002460) and Veken Technology (600152) all attended the conference. Both the chairmen of EAST and the Veken Technology delivered important...
Summit Nanotech Corporation ("Summit"), a company sustainably solving lithium supply chain challenges, announced the closing of a US$50 million Series A2. The Series A2 round was led by Evok Innovations and BDC Capital's Climate Tech Fund alongside participation from previous investors including Xora...
Incentives for Energy Storage Projects in the US and Canada Offer a Unique Opportunity to Accelerate Decarbonization of North American Power Generation. Corre Energy B.V. has expanded its energy storage project development operations into the United States and Canada. Corre Energy US Development Company LLC, a subsidiary of Corre Energy B.V.,...
Zinc Battery Initiative (ZBI), the voice of the zinc battery industry, announces plans to welcome German battery developer HILABS. ZBI’s rapidly growing membership is comprised of leading zinc battery manufacturers, including HILABS, which has developed a scalable, safe and affordable zinc-air battery designed as an alternative to lead...
Leclanché SA (SIX: LECN) a leading global provider of energy storage solutions, has achieved a breakthrough in the environmentally friendly production of modern G/NMCA cells: As the first manufacturer worldwide, Leclanché is able to reduce the cobalt content in NMCA as cathode material from 20 to 5 percent and manufacture electrodes...
SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (NASDAQ: SEDG), a global leader in smart energy technology, announced that its Energy Storage division has begun shipping new battery cells designed for stationary Energy Storage applications. The new line of Nickel Manganese Cobalt (NMC) pouch cells, manufactured at Sella 2,...
StoreDot Extreme Fast Charging High Energy Battery Cells Now in Testing by Over 15 Global Automotive Brands StoreDot, the pioneer of extreme fast charging high energy battery solution for electric vehicles, has revealed that its groundbreaking XFC batteries and systems are now being tested by over 15 global automotive brand...
J.D. Power, a global leader in data analytics and consumer intelligence, announced the introduction of the J.D. Power EV Index, an analytics tool to track the growing EV market in the United States. Each month, the index will arrive at one number (on a 100-point scale) to make it easy to understand the progress to parity of EVs with traditional...
Generac Grid Services, a subsidiary of Generac Power Systems (NYSE:
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