Ford to procure wind power from DTE for Michigan plants
Feb 21, 2019 15:39 CESTSeptember 25 (Renewables Now) - Woburn, Massachusetts-based battery technologies firm Lionano has completed a USD-22-million (EUR 18.7m) Series B financing round to boost commercial production of its cathode materials.
The company started mass production at a rate of 1,200 tonnes per year in early 2018 and aims to reach annual production of 10,000 tonnes by the end of 2019. It says its nano-engineered cathode material improves the performance of lithium-ion batteries in electric vehicles (EVs) and consumer electronics, creating batteries with greater storage capacity and cycle life and resulting in lighter and lower-cost consumer electronics and longer-range EVs.
The funding round was led by Wave Equity Partners, Helios Capital Ventures and NXT Ventures.
Lionano was set up 2013 by Cornell University graduates in partnership with Cornell electrochemistry professor Hector D Abruna.
(USD 1 = EUR 0.849)
Ford to procure wind power from DTE for Michigan plants
Feb 21, 2019 15:39 CESTArizona Public Service wants 850 MW of battery storage by 2025
Feb 21, 2019 15:04 CESTRFP seeks renewable power from public entities in Texas
Feb 21, 2019 13:40 CESTSolarEdge books lower profits, record revenues in Q4
Feb 21, 2019 10:16 CESTDE Shaw, NOVEC agree PPA for 300 MW of fresh solar in Virginia
Feb 21, 2019 9:31 CESTJinkoSolar leads global PV module supplier ranking in 2018
Feb 21, 2019 9:19 CEST