The average daily gap between the highest and lowest priced hours in the UK rose 80 percent to about £123 per MWh in September, as Europe’s roughly $40 billion battery fleet heads into a winter that will test whether more batteries mean less per battery.
BMW began series production of Gen6 round cell batteries in Shenyang, its third battery plant after Debrecen and Irlbach-Straßkirchen, with two more plants due in the coming months and first long wheelbase iX3 deliveries reported for November.
PowerCell won a repeat order for 10 Marine System 225 fuel cell systems for two more GMI Group hydrogen electric bulk carriers, lifting the total to 24 systems and 5.4 MW across four vessels, with deliveries in 2027 and 2028.
Toyota and Isuzu unveiled the new Sora hydrogen bus on 14 October with a range above 300 km from a hydrogen tank about 20 percent smaller, but price, tank size and delivery dates are not stated.
The European Investment Bank agreed up to €40 million in a convertible loan to Finland’s Steady Energy for its 50 MW thermal LDR-50 district heating reactor, its first SMR investment, with construction not due to start before 2029.
Volkswagen is recalling 22,524 ID.4 vehicles in the United States because charging above 80 percent may trigger thermal propagation in the high voltage battery, and neither the root cause nor the permanent repair is known.
Korean small modular reactor startup RX raised 10 billion won ($7.5 million) in a pre-Series A bridge round to develop a reactor for industrial heat, a step that qualifies it for the next phase of a government deep tech programme.
Nightpeak’s 150 MW, two hour Bocanova 2 battery reached commercial operation on 17 September, doubling its Brazoria County site in Texas to 300 MW 13 months after the first phase.
The founder of Europe’s largest second-life storage factory says the model lost to cheaper new cells, and that is good news: Germany needs about 100 GWh of stationary storage by 2030 against about 25 GWh installed, and prices keep falling.
The Gangwon Free Economic Zone Authority opened its eighth call for hydrogen investors in the Bukpyeong district, with applications from 19 to 21 October and priority entry to a long term lease complex for selected companies.
