Three years after acquiring U.S.-based Cuberg, Swedish battery maker Northvolt has decided to shut down the California unit and move future lithium-metal battery R&D to Sweden.
After filing for Chapter 11 bankruptcy protection, the calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
The Sacramento Municipal Utility District’s long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.
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