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Gelion plc Announces Strategic Partnership with Max Planck Institute

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Company to leverage MPI’s breakthrough in Next-Generation Sulfur Batteries

SYDNEY, March 28, 2025 /PRNewswire/ — Gelion plc (AIM: GELN), the global energy storage innovator, is pleased to announce a strategic cooperation agreement with the Max Planck Institute (MPI), Potsdam, to develop high-power, high-cycle life sulfur batteries with high energy densities.

 

 

Highlights

The partnership brings together Gelion’s advanced battery technology designs with MPI’s breakthrough nano-confined carbon/sulfur composite cathode[#] and anode material technologies;The novel sulfur composite technology has been successfully tested by MPI in sodium-sulfur (Na-S) cells, demonstrating both long cycle life (many hundreds of cycles) and high-power capabilities (10C), highlighting its potential for use in long duration stationary storage as well as EVs, leveraging off its low-cost materials and its fast-charging characteristics (below 10 minutes);Initial testing relevant to Gelion’s lithium-sulfur (Li-S) technology (energy density of +400 Wh/kg) has also shown great promise and the technology is expected to make a substantive positive contribution to cycle life and power characteristics;The agreement enables Gelion to integrate the technologies, designs and expertise of both parties to fully demonstrate MPI’s nano-confined materials – initially in coin and then in larger, commercially relevant pouch cell formats – for both Na-S and Li-S batteries;The board of Gelion believes that this collaboration aligns seamlessly with Gelion’s sulfur battery strategy and significantly accelerates its pathway to commercialisation.

MPI’s data has demonstrated charge and discharge rates down to below 10 minutes, with Na-S batteries at lifetimes well in excess of many hundreds of cycles and at capacities that suggest achievable energy densities of the best current Lithium Iron Phosphate (LFP) batteries. The first phase of testing has already commenced at Gelion’s facilities, with promising early results that validate the main elements of MPI’s testing and signal a bright future for this pioneering technology.

This collaboration aligns seamlessly with Gelion’s sulfur battery strategy and significantly accelerates its pathway to commercialisation.

A New Era for Sulfur Batteries

The Board of Gelion believes that the MPI technology represents a major leap forward for sulfur-based energy storage. It combines power, energy density, and long cycle life, three essential characteristics previously difficult to achieve in a single cell. Notably, it addresses key challenges in sulfur battery development by providing a path towards rapid charge and discharge rates with outstanding stability, while utilising low-cost, abundant materials like carbon, sodium, and sulfur.

Partnership for Progress

The collaboration will also focus on scaling anode technologies that improve safety and durability, addressing industry concerns around metal dendrites. By integrating MPI’s novel nano-confined anode materials with Gelion’s innovative battery designs, the partnership aims to create commercially viable, high-performance energy storage solutions.

Summary of Agreement between Gelion and Max Planck Institute

Under the agreement between Gelion and the Max Planck Institute, both parties will combine their intellectual property to develop new technologies, with Gelion granted an exclusive option to acquire exclusive commercial rights to any jointly developed IP and relevant background IP. This option can be exercised during the three-year collaboration period or within six months after its conclusion, with any rights acquired being subject to a licensing agreement on reasonable commercial terms. Throughout the partnership, MPI will dedicate two researchers to the project, with Gelion covering their costs, focusing on core technology development and testing while also contributing to commercialisation.

Gelion CEO, John Wood, commented: “This collaboration harnesses a unique hybrid approach that synergistically enables both conversion and intercalation on each electrode. Sulfur has always been about high energy density but struggled with power and cycle life. By merging Gelion’s and MPI’s approaches we are now demonstrating the potential to provide all three characteristics in one cell.

“This goes beyond being simply a ‘better battery’, because it conceptually re-defines some of the very essence inside the cell. 

“Gelion and MPI have set a collaboration plan utilising the best capabilities of each team to build on the positive test results already achieved and to deliver sulfur cell technology that does not compromise and delivers high performance in energy, power, and cycle life.”

Prof. Dr. Markus Antonietti, Director at MPI, added: “We are excited to partner with Gelion to commercialise our groundbreaking sulfur battery technology. Together, we aim to deliver affordable, sustainable, and high-performance energy solutions to meet global demands.”

Prof. Thomas Maschmeyer, Gelion Founder and Director, said: “Having known Prof. Antonietti and admired his work for more than two decades, it is wonderful that we are now able to join both efforts, to generate a world-leading technology package. The combined capabilities of Gelion and the MPI are exceptional and can deliver cheap and safe energy storage with highly attractive performance characteristics based on some of the most abundant and well-distributed elements imaginable – carbon, sodium and sulfur.”

[#] Ref: https://doi.org/10.1002/smll.202407300.

Logo: https://mma.prnewswire.com/media/2651728/Gelion_Logo.jpg

Contact: gelion@almastrategic.com 

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New funding arrangements for Mainstream finalized

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FORNEBU, Norway, April 3, 2025 /PRNewswire/ — Aker Horizons ASA (“Aker Horizons”) has agreed on new funding arrangements for Mainstream Renewable Power (“Mainstream”) with DNB ASA (“DNB”) and co-shareholder Mitsui & Co., Ltd. (“Mitsui”).

The new funding will enable Mainstream to deliver on its updated and more focused strategy, concentrating on developing its pipeline of projects primarily in three core markets where it sees the greatest potential for value creation – South Africa, Australia, and the Philippines – and creating value through strong project execution, a lean cost base and capital efficiency.

In 2023, Mainstream secured a corporate facility of up to USD 220 million with DNB, supported by shareholders. Aker Horizons’ share of the sponsor commitment is 58.4% of the maximum facility size, equivalent to USD 129 million. This amount will be provided to Mainstream as a shareholder loan, disbursed in phases: USD 75 million will be provided in April 2025, while the remaining USD 53 million will initially be provided through an extended letter of credit facility expected to be converted to shareholder loans in 2025 and 2026.

Additionally, new funding for Mainstream has been agreed upon in the form of a shareholder loan facility of up to EUR 64 million provided pro-rata 70% by Aker Horizons and 30% by Mitsui, along with a letter of credit facility with DNB of up to EUR 64 million, also backed pro-rata by Aker Horizons and Mitsui. Both facilities may be drawn until maturity at year-end 2026, with drawdowns contingent on reaching agreed milestones under Mainstream’s updated strategy.

For further information, please contact:

Jonas Gamre, Investor Relations, tel: +47 97 11 82 92,
email: jonas.gamre@akerhorizons.com

Mats Ektvedt, Media, tel: +47 41 42 33 28,
email: mats.ektvedt@corporatecommunications.no 

About Aker Horizons

Aker Horizons develops green energy and green industry to accelerate the transition to Net Zero. The company is active in renewable energy, carbon capture and sustainable industrial assets. As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Across its portfolio, the company is present on five continents. www.akerhorizons.com 

About Mainstream Renewable Power

Mainstream Renewable Power is a leading pure-play renewable energy company with wind and solar assets across Europe, Latin America, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. The company has successfully delivered 6.6 GW of wind and solar generation assets to financial close-ready and has a global project portfolio of 22.7 GW.  www.mainstreamrp.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/new-funding-arrangements-for-mainstream-finalized,c4130783

 

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KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation

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VICTORIA, Seychelles, April 3, 2025 /CNW/ — KuCoin, a leading global cryptocurrency exchange, is proud to announce that it has surpassed 40 million registered users worldwide. This significant milestone underscores the trust and confidence the global community places in KuCoin and its commitment to providing secure, compliant, and innovative products and services.

Unwavering Commitment to Compliance

KuCoin’s growth is not just in numbers but also in its steadfast commitment to compliance and user protection. The exchange has made substantial progress on the regulatory front, including a pivotal settlement with the Department of Justice (DOJ). This agreement marked a new chapter for KuCoin, resolving past compliance challenges and setting a clear path for future operations. Additionally, KuCoin’s application for the Markets in Crypto-Assets Regulation (MiCAR) license in Austria is another testament to its dedication to adhering to global compliance standards, ensuring that it operates within the legal frameworks essential for servicing EU and EEA markets.

Trusted and Innovative Solutions Driving Growth

KuCoin has continually introduced innovative products that resonate with users worldwide. From advanced trading solutions to user-friendly platforms for new crypto enthusiasts, KuCoin has maintained a focus on enhancing user experience and expanding its service offerings, making it one of the most versatile platforms in the crypto space. KuCoin recently launched its brand new KCS Loyalty Level Program that is designed to enhance the utility of existing and new KCS holders by introducing a tiered loyalty system that rewards users based on their KCS stakings. Krazy Degen, which serves as an all-encompassing information hub focused on displaying and monitoring multi-chain trending tokens, is also a groundbreaking feature designed to transform how traders discover and invest in early-stage, high-potential tokens directly from the blockchain.

A Word from CEO of KuCoin

“Our journey to 40 million users is not just a number—it’s a testament to the trust we’ve built with our users across the globe,” said BC Wong, CEO of KuCoin. “We remain committed to delivering a secure and dynamic trading environment, with compliance as our backbone and innovation as our path forward. This milestone reflects our ongoing efforts to not only meet but exceed the expectations of our users.”

Looking Forward

As KuCoin continues to grow, the exchange remains dedicated to enhancing its services and compliance measures. With ongoing improvements in security protocols, user education, and community engagement, KuCoin is poised to keep providing exceptional value and service to its expanding user base.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

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SOURCE KuCoin

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iScanner broadens the eco-program and supports small businesses to become more sustainable

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Small and medium businesses that try to be sustainable and reduce paper consumption can receive special certificates from iScanner to highlight their efforts.

MIAMI, April 3, 2025 /PRNewswire/ — For Earth Day 2025, the award-winning app for scanning and managing documents, iScanner, launches a new feature for encouraging small and medium business owners to implement sustainable paper use practices. Every business that actively uses electronic documents instead of paper can get special certificates from iScanner that prove their dedication to a paperless lifestyle.

Every document users export by iScanner contributes to saving trees. The app tracks exported pages and converts them into three parts until users save an entire young tree. There are eight certificates from Twig (100 scans) to Tree Hero (4,000 scans). The final achievement means users have saved a small tree—that’s approximately how many pages it takes. For one year of the eco program’s existence, iScanner users have saved almost 50K trees in total.

iScanner certificates are available in digital format for sharing on the company’s social networks, or for printing, which allows to hang them on the wall at the office to let every customer know about the corporate green impact.

The launch of the new feature with eco certificates became the next step of the iScanner eco-achievements program. The program was inspired by iScanner’s research, which revealed that Americans take the issue of paper overuse very seriously, but small businesses face challenges and barriers while trying to implement eco-friendly initiatives.

“As an app with a focus on digitalization of paperwork and reducing paper consumption, we hope that eco certificates will help small and medium businesses to grab customers’ attention and stand out among competitors,” said Marina Alekseichik, Product Manager & Sustainability Strategist of iScanner. “Businesses that care about the environment should be more visible because they make enormous efforts to provide good services or products and save natural resources at the same time.”

iScanner is a popular AI-powered scanning and document management app with over 125 million downloads and is available on iOS, Android, and the Web. The app allows users to convert scans into different formats, edit, sign, and turn any image into editable and searchable documents. Moreover, iScanner offers innovative AI-based features such as erasing fingers from scans, deblurring, polishing documents, and AI chat for PDF summaries, searches, and more.

The iScanner app was developed by BP Mobile (AIBY Group).

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SOURCE AIBY Group

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