Energy

Energy
Power pioneer Hideaki Horie invents new battery 90% cheaper than lithium-ion

Lithium-ion batteries play a central role in the world of technology, powering everything from smartphones to smart cars, and now one of the people who helped commercialize them says he has a way to cut mass production costs by 90 percent and significantly improve their safety.

Hideaki Horie, formerly of Nissan Motor Co., founded Tokyo-based APB Corp. in 2018 to make “all-polymer batteries” (hence the company name).

NTT to join Japan's renewable-energy sector with $9bn investment

Japanese telecommunications group Nippon Telegraph & Telephone will enter the country's market for renewable energy, investing more than 1 trillion yen ($9.3 billion) by 2030 to boost capacity and establish its own transmission network, Nikkei has learned.

Orsted hopes coronavirus will not slow Japan's offshore wind projects
Orsted, the world’s largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said. “The pandemic will not influence investment decisions and general confidence in offshore wind, but it could delay the projects’ timeline,” Matthias Bausenwein, president of Orsted Asia-Pacific, told Reuters in an telephone interview.
BYD, Toyota Launch BYD TOYOTA EV TECHNOLOGY Joint Venture to Conduct Battery Electric Vehicle R&D
BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations are scheduled to commence in May 2020. The name of the new company is BYD TOYOTA EV TECHNOLOGY CO., LTD. (BTET). Hirohisa Kishi from Toyota will serve as chairman, and Zhao Binggen from BYD will be the chief executive officer (CEO).