ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, including products and services for Northvolt’s state-of-the-art lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities. ABB Technology Ventures (ATV) will support the initial phase of this project through an early investment.

After more than two years of development, Dyson has finally gone public with their electric car project. The company plans to invest $2.68 billion into the development of their electric car and the solid-state batteries that will be used to power it.

AGL on Wednesday unveiled what it proposes as a substitute for the ageing, clapped out Liddell coal generator it plans to close in 2022: it suggests mostly a mix of wind and solar, topped with its own big battery, demand management and some gas power to help meet demand peaks.

Australian consumers are quickly getting wise to the crucial role battery storage will play, alongside rooftop solar, in cutting their reliance on increasingly expensive grid-supplied electricity, and driving down soaring power bills.