Swiss-based group launch new battery technology that they claim will be a breakthrough for storing excess clean energy, and create 2,500 jobs in the US
Could a long-vacant cigarette factory in North Carolina build the rechargeable battery that will unlock the future of the clean energy economy?
The Swiss-based Alevo Group launched the new battery technology on Tuesday. After spending $68.5m (£42.5m) for the factory, the group said it would spend up to $1bn to develop a system that would get rid of waste on the grid and expand the use of wind and solar power.