Batteries

Novel battery manufacturer EnerVenue is raising $515M, per filing

Startups /

EnerVenue, a startup that has developed an alternative to lithium-ion batteries for long-duration renewable energy storage, is raising $515 million in fresh equity, per an SEC filing seen by TechCrunch. The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries, an endeavor that’s estimated to cost $264 […]

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Redwood Materials is partnering with Ultium Cells to recycle GM’s EV battery scrap

Transportation /

Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will be recycling production scrap for batteries going into General Motors electric vehicles.  The company announced Thursday that it’s working with Ultium Cells, the joint battery manufacturing venture between GM and LG Energy Solution, to recycle cathode, anode and cell scrap from

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Exclusive: Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Climate /

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to

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