NEWS
Italy’s De Nora teams up with GES on hydrogen battery project
Published On :
ROME (Reuters) – Italian electrode maker De Nora and Green Energy Storage (GES) said on Wednesday they had established a partnership to develop a hydrogen battery prototype.
The companies said they will build a platform to test, develop and optimise the battery, which is in a pre-industrialised stage.
The partnership will focus on, among other things, making the battery more powerful, long-lasting and environmentally-friendly, and on speeding up its pre-commercial validation.
De Nora is newly-listed and began trading on the Milan bourse on June 30.
Founded in 1923, the group is a leading manufacturer of electrodes for devices such as rechargeable batteries and also makes systems for water filtration and wastewater treatment as well as components to produce green hydrogen.
GES, an Italian SME, produces hydrogen batteries based on a hybrid gas-liquid technology platform.
It said it has been granted 53 million euros ($53 million) by the European Union and the Italian government for research and development in the batteries sector.
(Reporting by Alvise Armellini; Editing by Alexander Smith)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.
-
-
FINANCE4 days ago
US dollar hits more than one-year low as market eyes aggressive Fed rate cut
-
-
-
BUSINESS3 days ago
BP to sell its US onshore wind business
-
-
-
FINANCE3 days ago
US stocks, dollar rise with eyes on Fed and strong data
-
-
-
INVESTING3 days ago
Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision
-