The first half of 2022 was especially important to SOLiTHOR, a new energy storage company spun-off from Energyville by the imec research consortium. SOLiTHOR raised €10 million in a seed investment round led by imec.xpand that was also supported by an investment syndicate including LRM, Nuhma and FPIM. - Download [PDF]
The first half of 2022 was especially important to SOLiTHOR, a new energy storage company spun-off from Energyville by the imec research consortium. SOLiTHOR raised €10 million in a seed investment round led by imec.xpand that was also supported by an investment syndicate including LRM, Nuhma and FPIM.
BTRY is a start-up based in Dübendorf, Switzerland, and a spin-off of EMPA and ETH. From the lab to the market – at BTRY, we are developing the industry''s first energy-dense solid-state battery made with advanced semiconductor manufacturing methods.
The now independent battery division of the South Korean company is called SK On and is headed by Jee Dong-seob. With the announced spin-off, the Korean company wants to enable the battery division to better focus on the fast-growing market for electric cars and their batteries – independently of the other business lines of the listed company.
The newly created spin-off company from imec – partner in the top European energy R&D innovation hub EnergyVille – is spearheading the development, manufacturing and commercialisation of innovative solid-state lithium (Li) battery cell technology ... charging speed, weight and volume. Imec has invested for 10 years in new technology to ...
The plan not only provides for the spin-off of the battery division, but also for a new holding structure: SK Innovation wants to become a holding company, the E&P division (oil production and exploration) is also to be spun off – other divisions, such as lubricants, are to remain with the holding company for the time being. Before the new ...
Nio Inc. stock rose about 6% by late afternoon Wednesday after Reuters reported that the Chinese electric vehicle (EV) company was considering spinning off its battery manufacturing unit.
UNIGRID Battery''s Milestone. UNIGRID Battery, a spin-off from the University of California, San Diego, has achieved a significant milestone by receiving its first commercial MWh-scale purchase orders for their advanced sodium-ion batteries.Founded in 2021, the company is rooted in the pioneering Ph.D. research of Dr. Darren H. S. Tan and Dr. Erik A. …
Headquartered in Lowell, Mass., New Leaf Energy has a large pipeline of 450 projects, comprising more than 8.5 GW of solar and 7 GW and 28 GWh of energy storage projects.
Company; Siemens Energy Spin-Off "The listing of Siemens Energy means that we''ve successfully reached a key milestone in Siemens'' structural realignment. With three powerful, focused and independent companies, we have an outstanding setup for the future. The separately listed companies will be in a significantly better position to tap the ...
General Electric completed the spin-off of its energy business in April 2024. Known as GE Vernova, the new company''s focus is on electricity and de-carbonization.
Global new energy manufacturing equipment leader, Lead Intelligent Equipment (LEAD), proudly announces a strategic alliance with Tiamat, a dynamic spin-off of the prestigious French research institute CNRS, globally recognized …
The upcoming spin-off of two businesses will take place in the form of simple division and split-off, wherein SK Innovation will own the entire issued stocks of the new companies. The assets and liabilities belonging to the two businesses will be transferred to the newly established company, respectively.
The corporate name encapsulates SK On''s will to take a big step towards becoming the No. 1 company in the global battery industry." "SK On has kicked off as a battery business division of SK ...
BTRY is a start-up based in Dübendorf, Switzerland, and a spin-off of EMPA and ETH. From the lab to the market – at BTRY, we are developing the industry''s first energy-dense solid-state battery made with advanced semiconductor …
Recap: Ambri has received a crucial safety certification from UL Solutions, moving the startup one step closer to commercializing its liquid metal battery technology. The company (formerly the ...
NEW YORK, March 6 (Reuters) - General Electric''s, opens new tab energy spin-off, GE Vernova, on Wednesday said it expects to clear a massive backlog in offshore wind equipment over the next two ...
One of Tesla''s key suppliers for its Chinese car plant and one of the major players in electric car (EV) innovation, South Korea''s LG Chem, is set to spin off its battery business.
Tata Group is considering a potential spinoff of its battery business, according to people familiar with the matter, as the Indian conglomerate expands its foray in the country''s renewable-energy and electric-vehicle sectors.. Tata is in the early stage of discussions about eventually breaking out Agratas Energy Storage Solutions Pvt as an independent unit, the …
SK Innovation announced that its lithium-ion EV battery business was officially spun off on October 1, 2021 and has become a wholly-owned subsidiary, named SK On.
As reported by Reuters, Nio now plans to spin off its battery unit in hopes of turning a profit, cutting costs, and improving efficiency – and offloading some of its ambitions to pursue end-to...
Sidewalk Infrastructure Partners (SIP) — the Alphabet spinout that focuses on building and backing new approaches to complicated infrastructure problems in areas like power, broadband and waste ...
Retail investors have dumped shares of LG Chem (OTCPK:LGCLF) since South Korea''s No. 1 battery maker announced on Sept. 17 a plan to spin off its battery making unit by Dec. 1 and list it ...
Spin-off approved by 99.36 percent of capital stock represented; Capital Market Day for Siemens Energy planned for September 1, 2020 As expected, a large majority of Siemens shareholders at today''s Extraordinary Shareholders'' Meeting voted to approve the spin-off of the company''s energy business to Siemens Energy AG.
Recap: Ambri has received a crucial safety certification from UL Solutions, moving the startup one step closer to commercializing its liquid metal battery technology. The company (formerly the ...
The new company will be named New Leaf Energy and will be operated as an independent business by ECP, a leading energy transition-focused investor with an almost two decades-long reputation in the electricity, renewable and …
FOOTHILL RANCH, Calif. and BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- TAE Technologies, the world''s largest private fusion energy company, today announces the formation of a new subsidiary ...
LEUVEN, Belgium, May 16, 2022 /PRNewswire/ -- SOLiTHOR, the newly created spin-off company from imec – partner in the top European energy R&D innovation hub EnergyVille – is spearheading the ...
LG Chem said on Thursday that it approved the spin-off of its global rechargeable battery business to establish a battery subsidiary with a new name, LG Energy Solutions. LG Chem decided to split off its battery business …
SHANGHAI, Dec 6 (Reuters) - Chinese electric vehicle maker Nio, opens new tab plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of ...
FOOTHILL RANCH, Calif. and BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- TAE Technologies, the world''s largest private fusion energy company, today announces the formation of a new subsidiary ...
The new battery is a so-called thin-film solid-state battery. The technology itself is not new: Such batteries have been known since the 1980s. However, due to the very low mass of their thin-film components – the entire cell is only a few micrometers thick – they have been able to store very little energy so far.
Retail investors have dumped shares of LG Chem (OTCPK:LGCLF) since South Korea''s No. 1 battery maker announced on Sept. 17 a plan to spin off its battery making unit by Dec. 1 and list it ...
UC San Diego spin-off company receives MWh-scale purchase orders of their advanced sodium-ion batteries. sodium-ion batteries purchase orders ... and driving forward a successful clean energy transition requires a diverse array of energy generation and storage technologies, and the UNIGRID team believes that sodium-ion will have a significant ...
Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the …
After the spin-off, TC Energy will transition to operate like a utility company, with a focus on natural gas infrastructure, nuclear energy, pumped hydro storage, and new low-carbon energy ...
LG Chem will split its global NO.1 battery business. Regarding this, LG Chem announced on that it held a board meeting on the 17th and resolved a corporate spin-off plan to raise corporate …
At the top of the indicative price range, LG Energy Solutions and its parent will raise $10.9 billion, more than double Samsung Life Insurance''s, opens new tab record 2010 flotation. The unit ...
The Joint Center for Energy Storage Research (JCESR), a DOE Energy Innovation Hub, is a major partnership that integrates researchers from many disciplines to overcome critical scientific and technical barriers and create new breakthrough energy storage technology.Led by the U.S. Department of Energy''s Argonne National Laboratory, partners …
Battery LG Chem to spin off battery business into a separate entity. The new business, to be launched in December, aims to achieve a revenue of 30 trillion won ($25.5 billion) or more in 2024. ... The company said the new business, to be launched in December, aims to achieve a revenue of 30 trillion won ($25.5 billion) or more in 2024, from an ...
German startup Suena secures cash for its battery energy trading technolgy business The Hamburg-based battery energy trading software and services company has raised €3 million ($3.27 million) seed funding to expand its software-driven trading services across Europe. The capital will be used to introduce its software, dubbed Autopilot, and ...
The new company, New Leaf Energy, will be operated as an independent business by ECP. New Leaf Energy headquarters are in Lowell, Mass., and it is being led by Borrego''s former development business management team who will focus on strengthening its solar and energy storage distributed generation (DG) presence in core markets such as New …