Tag: Electric battery

BusinessInnovationStartups

Corporate Venture Arms Emerge as Key Partners for Pioneering Climate Technology Projects

As climate tech funding declines sharply in Europe, corporate venture capital firms are positioning themselves as essential partners for first-of-a-kind projects. Sources indicate CVCs provide technical expertise and offtake agreements that traditional investors cannot match, though some concerns about competitive tensions remain.

Corporate Venture Capital Fills Critical Gap in Climate Tech Funding

Corporate venture capital firms are increasingly positioning themselves as essential partners for first-of-a-kind climate technology projects facing massive capital requirements and technical hurdles, according to industry analysis. As traditional climate tech funding reportedly dropped 71% in Europe during the first half of 2025, CVCs claim they can provide the specialized expertise and customer connections that FOAK startups desperately need.

by Samuel Kim
EngineeringInnovationTechnology

SubCtech Advances Sustainable Subsea Power with Breakthrough Energy Storage Systems

German marine technology firm SubCtech has developed a groundbreaking subsea energy storage system capable of 2-6MWh capacity. The company’s advanced battery technologies are reportedly reducing costs and emissions across offshore industries.

Pioneering Sustainable Subsea Power Solutions

SubCtech, a Kiel-based underwater technology specialist founded in 2010 by applied physicist Stefan Marx, has emerged as a significant player in marine power systems, according to industry reports. The company, now operating as part of the Gabler/Possehl Group, has reportedly grown to employ over 85 professionals and plans to expand production facilities in 2025 to meet increasing global demand.

by Samuel Kim
InnovationScienceTechnology

Breakthrough Cryogenic Analysis Reveals True Nature of Battery Interfaces

Scientists have developed a cryogenic XPS technique that preserves battery interfaces in their pristine state. The method reveals a strong correlation between inorganic-rich SEI content and battery performance across multiple electrolyte formulations.

Revolutionary Cryogenic Technique Preserves Battery Interface Chemistry

Researchers at Stanford University have developed a breakthrough cryogenic X-ray photoelectron spectroscopy (cryo-XPS) method that maintains battery interfaces in their pristine state, according to recent reports published in Nature. The technique reportedly overcomes long-standing limitations of conventional room-temperature XPS analysis, which sources indicate can cause irreversible chemical changes and species volatilization under ultra-high vacuum conditions.

by Priya Kapoor
EnergyManufacturingPolicy

Federal Government Withdraws $700 Million in Battery Manufacturing Grants Amid Project Reviews

The U.S. Department of Energy has terminated over $700 million in grants for battery and manufacturing initiatives, stating the projects failed to meet key milestones. Companies affected include ICL Group and American Battery Technology, with broader cuts anticipated across the clean energy sector.

Grant Terminations Announced Following Project Evaluations

The Department of Energy (DOE) has reportedly canceled more than $700 million in grants previously allocated to battery and manufacturing projects, according to recent statements. A spokesperson indicated that the initiatives had missed critical milestones and were deemed insufficient in advancing national energy objectives. Sources within the agency emphasized that the projects were not economically viable and would not yield a positive return on taxpayer investment.

by Priya Kapoor
EnergyTechnology

Global Battery Storage Market Set for Explosive Growth, Projected to Hit $54 Billion by 2032

Analysts project the battery energy storage system market will surge from $8.23 billion in 2024 to $54.34 billion by 2032. This remarkable growth, driven by renewable energy integration and technological advances, highlights the critical role of energy storage in modern power grids. Industry sources indicate sustainable energy policies and falling battery costs are accelerating market expansion globally.

Battery Storage Market Poised for Transformative Growth

The global energy storage landscape is undergoing a dramatic transformation, with the battery energy storage system (BESS) market projected to experience exceptional expansion throughout this decade. According to recent market analysis, the sector is expected to grow from USD 8.23 billion in 2024 to USD 54.34 billion by 2032, representing a compound annual growth rate of 26.61% between 2025 and 2032. Industry observers suggest this growth trajectory underscores the increasingly critical role of storage solutions in global energy infrastructure.

by Samuel Kim