New funding charges up International Battery's manufacturing ambitions

clock • 1 min read

Company raises $35m and reveals plans to expand US manufacturing plant

Utility-scale Lithium-ion battery developer International Battery has scored $35m (£23m) in series C financing to expand its existing manufacturing plant. The company, which makes large-format, rechargeable...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Danny Bradbury

View profile
More from Danny Bradbury

US climate action can drive growth and reduce emissions, report says

John Kerry and Philip Hammond call for immediate climate action

More on Technology

Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal
Technology

Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal

Deal would see Australian investment giant acquire SP Smart Meter Assets Limited, taking over management of 2.7 million metres

James Murray
James Murray
clock 09 May 2025 • 2 min read
Role of climate tech in the drive to reach net zero
Technology

Role of climate tech in the drive to reach net zero

Start-ups don't just need finance, they need an integrated support model throughout the journey from idea to exit, writes Andrew Wordsworth, co-founder and managing partner of Sustainable Ventures, a sponsor of the UK Green Business Awards 2025

Andrew Wordsworth, Sustainable Ventures
clock 08 May 2025 • 5 min read
'Uncertainty in the market': Statkraft shelves European green hydrogen plans
Technology

'Uncertainty in the market': Statkraft shelves European green hydrogen plans

Energy giant moves to focus on core activities, but confirms existing UK hydrogen projects are set to proceed

James Murray
James Murray
clock 08 May 2025 • 2 min read