EVE Energy expands and creates over 1,000 jobs in Malaysia
April 08, 2025
EVE Energy has officially committed to a significant expansion of its Malaysian operations, signing a landmark Memorandum of Understanding (MoU) with InvestKedah.
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LG Energy secures ESS supply deal with Poland’s PGE
March 26, 2025
The two companies will collaborate to establish a battery energy storage facility in Żarnowiec, Poland. State-owned energy firm PGE plans to start the project’s commercial operation in 2027.
IITK, Mars Antennas team up to develop EV chargers, inverters
March 20, 2025
Mars Antennas will provide funding, industry insights and access to its manufacturing and testing facilities. IIT Kanpur will bring in research expertise, advanced facilities and technical know-how.
Thailand approves $1B investment from China’s Sunwoda
March 17, 2025
Shenzhen-based battery maker Sunwoda is expected to create 1,000 jobs in Thailand for production of lithium-ion battery cells for EV manufacturers.
Samsung SDI signs $300M deal to supply ESS batteries to NextEra
March 14, 2025
South Korea’s Samsung SDI and US energy firm NextEra Energy are finalizing details of a large-scale contract to supply 6.3 GWh ESS batteries, representing over 11% of the US’s total ESS capacity.
Giyani produces battery-grade manganese at its demo plant
March 10, 2025
The production of HPMO is a precursor for the production of High Purity Manganese Sulphate Monohydrate and also a precursor for certain electric vehicle and energy storage system batteries.
BYD, Saudi partner on ‘world’s largest’ BESS projects
February 24, 2025
This cooperation is a major step towards advancing Saudi Arabia's renewable energy industry and aligning with the ambitious goals set forth in Saudi Arabia's Vision 2030 initiative.
LGES, Qualcomm to collaborate on chip-based BMS
December 27, 2024
Under the agreement, LGES’ new advanced system-on-chip-based battery management system (SoC-based BMS) will be made available on the Snapdragon Digital Chassis from Qualcomm.
LGES Vertech secures ‘$1.4 billion’ ESS order from Terra-Gen
November 15, 2024
LGES Vertech, the South Korean battery maker’s US subsidiary, and US renewable energy power producer Terra-Gen previously partnered on a 2.2-GWh ESS project in California.
Copper foil maker Londian Wason to launch new Malaysia facility
September 27, 2024
The project will provide valuable operational experience, accelerating Londian Wason’s international strategy to further expand into MENA, Europe and North America.
Battery cell prices still decline in August
September 11, 2024
The market for metals essential to battery production, namely metals such as nickel, cobalt and lithium, was not only weak in August, but the prices of these raw materials continued to fall, according to TrendForce research. These analysts point out that the price of lithium spodumene concentrate dropped sharply in August—seeing a 16% quarterly decline—while some lithium concentrate prices fell below US$800/ton.
Battery cell prices fell slightly in July; lithium prices down too
August 09, 2024
In July, prices of EV cells fell by 2% compared to June. By the end of July, lithium carbonate prices fell to CNY 80,000 per ton. Lithium prices are expected to continue to fall in August.
SK keyfoundry makes progress on next-gen GaN chip
June 21, 2024
Korean foundry SK keyfoundry claims to have "secured key device characteristics for a next-generation GaN power semiconductor" which it hopes to launch within a year.
China retains market advantage in battery development
May 27, 2024
On May 14, the White House announced significant tariff increases on Chinese EVs and batteries. EV tariffs will jump from 25% to 100%, and battery tariffs will rise from 7.5% to 25%. TrendForce posits that Chinese EVs account for less than 2% of the US EV market, making the actual impact of these tariff hikes minimal.
EV battery prices continue to drop over 10% in August
September 08, 2023
Insufficient downstream demand has put a damper on both supply and demand in the EV battery market.
Northvolt raises $1.2 billion to fuel future expansion
August 22, 2023
As Northvolt assembles its first battery systems at Northvolt Dwa in Poland, the company announces that it has raised of USD 1.2 billion to finance plans for its further European and North American expansion.
VinES & Gotion High-Tech break ground on new battery factory
November 21, 2022
Vingroup company, VinES Energy Solutions, and Gotion have broken ground on the companies new LFP battery cell factory in Vung Ang Economic Zone (Ha Tinh) in Vietnam.
FREYR inks sales agreement with Nidec and forms JV
August 31, 2022
FREYR Battery and Nidec Corporation have finalised an expanded 38 GWh battery cell sales agreement stretching from 2025 – 2030.
Chroma acquires ESS
January 17, 2022
Chroma ATE Inc. has acquired 100% of the shares of Environmental Stress Systems, Inc. (ESS).
Eguana partners with PowerCenter+ and Omega EMS for 10,000 units
November 04, 2021
Energy storage solutions provider, Eguana Technologies, has entered into definitive agreements with Omega EMS and PowerCenter+, to launch a premium line of home energy storage systems based on Eguana’s technology and energy storage platform into North American and Caribbean markets.
ElevenEs receives funding from EIT InnoEnergy for gigafactory
October 25, 2021
By 2030, it is said that Europe will need 14 times more batterires than what the region produces today. The growth drivers are electric mobility and the energy storage market, which both requires batteries to stabilise energy systems. ElevenEs, an industrial spin-off of the multinational Al Pack Group, is looking to supply just that.
SK Innovation to spin off battery business and E&P business
August 04, 2021
SK Innovation announces that its Board of Directors have decided to spin off the battery and exploration and production (E&P) business as independent companies, creating an autonomous management system for each.
Freyr and Eguana team up to develop battery modules
June 03, 2021
Freyr and Eguana Technologies have signed a Memorandum of Understanding (MoU) for the development of battery modules with "superior cost and performance" for Energy Storage Systems (ESS), including the supply of battery cells made at Freyr's production facilities currently under development in Mo i Rana, Norway.
LG to invest $4.5 billion to expand US battery production
March 12, 2021
LG Energy Solution says that by the end of 2025, the company will invest more than USD 4.5 billion (KRW 5 trillion) in the company's own U.S. business to further expand its battery production capacity.
Pylontech to meet energy storage demand with dedicated R&D
March 02, 2021
Energy Storage System (ESS) solutions provider Pylon Technologies has announced that despite a tight schedule, they are on track with the plan to expand to 4GWh within three years.
FREYR and Siemens signs initial battery cell supply agreement
October 19, 2020
The Norwegian battery company has signed a Memorandum of Understanding (MoU) with Siemens Energy AS for the supply of lithium-ion battery cells (LiB) for marine and Energy Storage System (ESS) applications.
Samwha Electric expands R&D for ‘Green-Cap’
September 10, 2019
Specialty electrolytic capacitor manufacture Samwha is expanding its R&D efforts for the electric double layer capacitor 'Green-Cap', a next-gen energy storage device.
Axivion targets India and Southeast Asia with new partner
July 16, 2019
As of May 2019, Axivion, provider of software solutions for static code analysis and protection against software erosion, has a signed a new partnership with ESA Group in India and Southeast Asia.
Saft joins forces with the Chinese Tianneng to grow in China
April 12, 2019
Saft, a subsidiary of Total, has signed an agreement with Tianneng Energy Technology (TET), a subsidiary of the Chinese privately-owned Tianneng Group, to create a joint venture (JV) to expand their lithium-ion activity.
Samsung SDI to build a production plant in Hungary
September 15, 2016
Samsung SDI decided that Hungary will be its European base for the production of batteries and launched the construction of a new plant.
Plexus continues to invest in UK
July 13, 2016
As part of its continued programme of growth within EMEA, EMS provider Plexus will be investing in a dedicated building and equipment for Environmental Stress Screening (ESS) at its Kelso, Scotland, manufacturing facility.
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