ElevenEs has secured an investment from EIT InnoEnergy, a European early-stage investor in other successful battery gigafactory projects, including Northvolt and Verkor. Construction of the 100 pct renewable energy powered 8 GWh plant is slated to break ground in 2024.
According to the release, by 2030, Europe will need 14 times more batteries than it presently produces due to the growth of electric mobility and the energy storage market. (Source: EIT InnoEnergy, ElevenEs, PR, Oct., 2021) Contact: ElevenEs, www.elevenes.com; EIT InnoEnergy, www.innoenergy.com
More Low-Carbon Energy News ElevenEs, Battery, Energy Storage,
The funding will help SolarWorX expand its product portfolio and sales in its existing key markets -- Cameroon, Zambia and Nigeria, with South Africa as its base for selling to the sub-Saharan region -- without a stable grid connection.
SolarWorX offers a modular off-grid solar solution called Solego to harness and distribute energy from solar panels. The modular systems with 80Wh or 160Wh battery capacity can be stacked on top of each other and provide flexibility to power individual households, small businesses and entire communities.
Since 2010, Canadian Solar has developed, built and connected over 5.7 GWp in over 20 countries across the world. Currently, the Company has over 500 MWp of projects in operation, over 5 GWp of projects under construction or in backlog (late-stage), and an additional 11 GWp of projects in pipeline (mid- to early- stage). (Source: Canadian Solar Inc., PR, Website,
Isabel Zhang, Investor Relations, firstname.lastname@example.org, www.canadiansolar.com; SolarWorx, Felix Boldt, CEO, www.solarworx.io
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The stakeholders will combine their expertise and technology to capture waste carbon dioxide (CCU) and combine this with hydrogen, made from renewable electricity and water, to produce renewable methanol (eMethanol.
Six individual 45,000 tpy facilities are planned across Scandinavia by 2030 with the first project in Sweden expected to be in production by 2023.
The consortium aims to standardize the eMethanol facility and blueprint a 'digital twin for efficient replication than can be scaled and licensed internationally. The project is supported by a €1.7 million investment from EIT InnoEnergy. (Source: Liquid Wind, Manifold Times, 31 Mar., 2020)
Contact: Liquid Wind, Claes Fredriksson, Founder & CEO, email@example.com,www.liquidwind.se; Carbon Clean Solutions Ltd., Aniruddha Sharma, CEO, +44 (0) 20 3755 1600, firstname.lastname@example.org, www.carboncleansolutions.com; Haldor Topsoe, Morten Schaldemose, , EVP, www.topsoe.com
More Low-Carbon Energy News CO2, Low Carbon Fuel, Marine Fuel, Methanol, Hydrogen, Carbon Clean Solutions, Haldor Topsoe,
The company also plans to construct a 600-MW wind farm which is projected to cut the gigafactory's energy costs by 24 pct.
Freyr is presently in a fund raising and permitting mode and has received a €7.25 million ($8.1 million) investment from EIT InnoEnergy. The company aims to raise as much as €25 million in additional funding within the next 12 months. Subject to funding and permitting success, production would start in 2023.
(Source: Freyr AS, Bloomberg, Aug., 2019) Contact: Freyr AS, email@example.com,
More Low-Carbon Energy News Freyr AS, Battery, Energy Storage,