We urge the European Commission to champion the cause of continued investment in battery research and innovation. By doing so, we can fortify Europe''s position as a global leader in battery technologies, stimulate
AI Customer ServiceThe 2024 Innovation Fund calls for proposals have been launched this week, with a total of € 3.4 billion to boost accelerate the deployment of innovative decarbonisation
AI Customer ServiceThe €200 million InvestEU guarantee top-up by the Innovation Fund will be directed to support innovative projects along the European battery manufacturing value chain
AI Customer ServiceAs Europe is dependent on importing more than 80% of the necessary battery materials, building up a certain share of domestic production within the EU is critical. Not only
AI Customer ServiceAnglo-Korean next-generation battery company Eurocell EMEA intends to build its first European Gigafactory with an initial investment of GBP 600 million (USD 818m/EUR
AI Customer ServiceTion Renewables has a portfolio of wind and solar farms across Europe, holds a stake in European IPP Clearvise AG and has priority access to a pipeline of more than 5
AI Customer ServiceOn 3 December 2024, the European Commission launched the Innovation Fund 2024 Call and Battery calls, with a total budget of €3.4 billion. The general call for net-zero technologies
AI Customer ServiceNew recycling concepts need to demonstrate efficiency and sustainability. The EU-funded RENOVATE project aims to reduce battery material waste in landfills and increase the
AI Customer ServiceThe Spanish research institute CIDETEC Energy Storage will lead a consortium of 16 partners under the Horizon Europe program to deploy Gen4b solid - state batteries for
AI Customer ServiceThe launch of the European Battery Academy is a concrete action to make sure Europe has a sufficient number of skilled workers in the battery industry to ensure its continued successful
AI Customer ServiceWe urge the European Commission to champion the cause of continued investment in battery research and innovation. By doing so, we can fortify Europe''s position as a global leader in
AI Customer ServiceMacquarie''s Green Investment Group (GIG) has reached financial close on a 40 MW battery storage project, located in Maldon, Essex. Earlier this year, GIG announced the acquisition of
AI Customer ServiceIn the open letter, stakeholders from the battery, materials, energy and mobility sectors urge the European Commission to champion continued investment in battery research
AI Customer ServicePowerCo, a subsidiary of Volkswagen Group, is moving ahead rapidly with its battery cell gigafactory project, set to begin foundational work and erect its first pillars this
AI Customer ServiceAltris secures funding, strengthening Europe''s battery value chain with sodium-ion tech October 10, 2024 Altris, a pioneering Swedish developer of sodium-ion battery
AI Customer ServiceToday, the European Commission and the European Investment Bank (EIB) are announcing a new partnership to support investments in the EU''s battery manufacturing sector.
AI Customer ServicePowerCo, a subsidiary of Volkswagen Group, is moving ahead rapidly with its battery cell gigafactory project, set to begin foundational work and erect its first pillars this autumn. The plant, expected to employ around 1,500
AI Customer Service3 天之前· EU invests billions more to shore up EV battery plans December 12, 2024: A €4.6 billion ($4.8 billion) investment boost for a range of technologies including EV battery cell manufacturing was unveiled by the European
AI Customer ServiceThe call is open to large-scale projects across Europe, with a clear focus on fostering domestic battery production to reduce reliance on non-EU manufacturers. Priority will
AI Customer Service3 天之前· EU invests billions more to shore up EV battery plans December 12, 2024: A €4.6 billion ($4.8 billion) investment boost for a range of technologies including EV battery cell
AI Customer ServiceIn the open letter, stakeholders from the battery, materials, energy and mobility sectors urge the European Commission to champion continued investment in battery research
AI Customer ServiceDue to the increasing demand for electric vehicles (EVs), it is expected that nearly 250 battery factories will be installed in the European continent in the next ten years, as
AI Customer ServiceThe investments in Harjavalta, Finland, and Schwarzheide, Germany, reinforce BASF''s support of the European Commission''s agenda towards a European battery production value chain and
AI Customer Service"While this project will be the largest battery in Europe, much more storage capacity will be needed in the coming years." Giga Storage said it aims to deliver 5 GW of
AI Customer ServiceThe Innovation Fund’s €1 billion Battery call and the €200 million InvestEU guarantee top-up comes in response to the appeal made on 6 December 2023 by the previous Executive Vice-President Maroš Šefčovič to bolster the EU's battery manufacturing industry by allocating up to €3 billion in support to the sector.
Together, the InvestEU top-up, the EIB’s own-resource investments, and today’s launch of a new €1 billion electric vehicle (EV) battery-focused call for proposals from the Innovation Fund highlight the commitment of the European Commission to make the batteries manufacturing value chain more resilient and more competitive.
The European Commission is committed to mobilising much-needed investments in new and transforming technologies to support a resilient European battery ecosystem. We are combining different financial instruments to target our support in the most efficient way and maximise private investment.
It comes in addition to €1 billion in grants to support electric vehicle battery cell manufacturing projects via the Innovation Fund, also announced today. As part of the new partnership, the EIB envisages investing a further €1.8 billion in the wider battery value chain.
As part of the new partnership, the EIB envisages investing a further €1.8 billion in the wider battery value chain. These joint efforts will result in €3 billion of public support in total for the development of a competitive and sustainable European battery industry.
The EIB supports the wider battery value chain, including raw materials, research, production, charging infrastructure, and recycling. Over the past six years, the Bank has provided €6 billion of financing and aims to invest a further €1.8 billion.
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