27 Oct '14, 9pm

Alevo Unstealthed: A New Gigawatt-Scale Grid Battery Contender

From out of nowhere, a startup named Alevo has emerged as a serious rival to Tesla in the race to achieve next-generation grid battery manufacturing at gigawatt scale. On Monday, the North Carolina-based, European-backed company announced plans to invest $1 billion in turning an old Philip Morris cigarette factory into a battery factory eventually capable of churning out "several gigawatts" per year, CEO Jostein Eikeland told me in an interview. Utility customers in North America are soon to be announced, and the company has already booked about 200 megawatts of orders, enough to fill the factory’s planned production next year, he said. Alevo says its lithium-iron-phosphate (LiFePO4) batteries are the first to use an inorganic electrolyte based on sulfur, which prevents the chemical reactions that lead to heating, expansion and eventual failure for lithium-ion batteries. T...

Full article: http://www.greentechmedia.com/articles/read/alevo-a-new-g...

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