Nickel Metal Hydride Battery Storage Company Receives €47m Investment From European Investment Bank

The title of this post, is the same as that of this article on Energy Storage News.

This is the introductory paragraph.

Nilar, a Sweden-headquartered producer of nickel metal hydride chemistry batteries aimed to compete with lithium-ion and lead acid, will receive €47 million (US$55.45 million) in funding from the European Investment Bank (EIB).

There certainly seem to be several promising new technologies being developed for energy storage.

October 13, 2020 - Posted by AnonW | Energy Storage | Nilar, Sweden

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