1. Electrovaya to Supply EUR199 Million Worth of Battery Modules for Residential Energy Storage

    Electrovaya to Supply EUR199 Million Worth of Battery Modules for Residential Energy Storage

    Big things are expected from the residential energy storage market, as it positions itself to take advantage of a shift towards residential solar and a rise in demand for electric cars. Canadian energy storage company, Electrovaya, is making a name for itself as a high-quality manufacturer of lithium-ion battery modules, beating off stiff competition to secure the signing of a Letter of Intent (LOI) for an estimated EUR199 million (USD223 million) of its modules.

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  1. Quotes

    1. We are very excited with this LOI, as this was achieved against intense global competition.
  2. Topics Mentioned

  3. Authors

  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences