DEBRECEN, Hungary : Just beyond the pastoral gardens and traditional homes of an eastern Hungarian village, a gigaproject of Chinese industry is taking shape. Bulldozers and excavators are already preparing the land for construction of a nearly 550-acre electric vehicle (EV) battery plant. The 7.3 billion euro ($7.9 billion) factory will be one of Hungary’s […]
VW’s SEAT says Spain’s subsidy for battery plant, EV production ‘not sufficient’ – EQ Mag Pro
Volkswagen said last week it expected more in subsidies from Madrid and was evaluating the next steps after it received 397.4 million euros ($388.26 million) of the 877.2 million total in the first phase of the government-run programme, known as PERTE. VW-SEAT was the carmaker that received the largest allocation. The chief of Volkswagen’s Spanish […]
Honda, LG to build $3.5B battery plant, hire 2,200 in Ohio – EQ Mag Pro
COLUMBUS, Ohio (AP) : Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub. Honda, which announced its first Ohio factory 45 years ago, also plans to invest […]
General Motors to Boost Spending on Electric Vehicles By 30%, Add 2 New Battery Plant: Sources
As part of that spending, it will build two additional US battery plants and move ahead some of its EV investments, said sources In November, GM upped its spending plans from $20 billion, a figure that was announced in March before the COVID-19 pandemic shut down the auto industry. General Motors Co will boost global […]
State Government-Owned Energy Company Plans 300 MWh Battery Plant in Queensland, Australia
A new 150MW / 300MWh battery energy storage project is being considered in Queensland, Australia, by Stanwell, an electricity generation and retail company which is owned by the state’s government. Stanwell’s main generation assets are two large coal power plants and one natural gas facility. The company sent out 18,595GWh of electricity during the 2019/2020 […]
State Government-Owned Energy Company Plans 300 MWh Battery Plant in Queensland, Australia
Damage at Unit 4 of CS Energy’s Callide coal power station in Queensland after an incident on 25 May. A new 150MW / 300MWh battery energy storage project is being considered in Queensland, Australia, by Stanwell, an electricity generation and retail company which is owned by the state’s government. Stanwell’s main generation assets are two […]
Goldwind considers green fuels for hybrid gas-battery plant
Goldwind Australia will consider the use of biofuels, or renewable hydrogen, to power a new gas-battery hybrid project that has received financial backing from the NSW government, and is likely to be located near the Gullen Range wind and solar complex. Goldwind secured $10 million in funding under the NSW government’s Emerging Energy Program, which […]