“A report published by Bloomberg Intelligence in June said factories planned by Chinese companies could have the battery capacity to produce more than 120 GWh by 2021 – enough to supply 1.5 million Tesla Model S vehicles.
Germany has announced a new plan for a $1 billion factory on batteries.
Thailand-based Energy Absolute Pcl, a company developing solar projects, confirmed that it is preparing to spend up to 100 billion baht ($2.9 billion) on an important battery factory project that could produce up to 50 GWh of li-ion batteries per year.
Elon Musk has said he will announce “probably four” new gigafactories this year.
The recent announcements follow at least five gigafactory proposals put forward for Europe before the end of last year, including facilities in Sweden, Hungary and Poland.
The world will need 100 Gigafactories to transition to electric transport and renewable energy…”
#future = #REALnews #clean #green #sustainability #energy #tech #innovation #progress #science #design #engineering #revolution #environment #solar #climatechange #ClimateAction #renewableenergy #renewables #economy
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