TES
12.5.2023 13:46:39 CEST | ACCESS Newswire | Press release
- TES and Galp will combine their expertise in battery recycling, industry, and energy towards an Iberian lithium-ion battery materials circular economy platform.
- This is a logical step in both companies' efforts to address one of the new energy system's top challenges while creating sustainable growth opportunities.
SINGAPORE / ACCESSWIRE / May 12, 2023 / Singapore-headquartered global IT asset lifecycle and battery recycling company TES and European integrated energy company Galp are joining forces to assess the development of a sustainable battery recycling business in Iberia, a vital link for setting up a local and full-cycle battery value chain.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.The two companies have signed a Memorandum of Understanding (MoU) to jointly undertake the necessary steps to evaluate the feasibility of launching lithium-ion battery recycling operations (which may involve both mechanical and chemical processes) in Iberia.
Galp and TES will engage battery producers, automotive OEMs, EV fleet owners, and other sources of end-of-life batteries for battery material feedstock. The companies will also perform engineering studies aiming to design a competitive and sustainable process to convert the secured feedstock into recycled content battery materials to fully serve the requirements of offtake customers.
Galp has been transforming its businesses as it seeks to become a carbon-neutral energy company by 2050, dedicating more than half of its planned net investments to low-carbon energies and new businesses, including renewables, green hydrogen, low-carbon fuels, and electric mobility. It is also creating a lithium-conversion unit in Portugal, in partnership with a pioneer European battery producer, as the stepping stone to start a local battery value chain.
TES is deeply involved in all aspects of battery lifecycle management for every type of battery configuration, including batteries for electric vehicles (EVs), and is already operating battery recycling sites in Europe, Southeast Asia, and China.
"Lithium-ion batteries are vital for the electrification of mobility, the penetration of renewable energy into electricity systems as well as for a wide range of other applications. We must ensure the long-term availability of key battery materials, and to this end, circularity is essential," said Georgios Papadimitriou, Galp's EVP for Renewables and New Businesses. "Recycling will play a key role in the sustainability of the battery value chain going forward and this will only happen if we put the necessary skills and expertise to work today. That's what Galp and TES are doing," he added.
"We're excited about this MoU. As an organization, Galp has demonstrated its seriousness toward transitioning to a sustainable leader," said Thomas Holberg, Global Vice President of TES Sustainable Battery Solutions. "It is an honour to contribute to this enviable track record," he added.
About TES
TES is a global sustainability and lifecycle services provider with expanding activities in the battery recycling market. With lithium-ion battery recycling facilities already in Singapore, Shanghai (China), Grenoble (France), and its projected sites in Australia and Rotterdam, TES is committed to improving the collection and recycling of portable and EV batteries to close the loop on battery materials and to support the European Union's goals laid out in the European Green Deal and the Critical Raw Materials Act. For more information about TES, visit https://www.tes-amm.com/.
About Galp
Galp is an energy company committed to the development of efficient and sustainable solutions in its operations and in integrated offers to its customers. We create simple, flexible, and competitive solutions for the energy or mobility needs of large industries, as well as small and medium-sized businesses and individual consumers. Our offer includes various types of energy - from electricity produced from renewable sources to natural gas and liquid fuels. As a producer, we extract oil and natural gas from reservoirs located miles below sea level while also being one of the largest Iberian producers of solar-based electricity. We contribute to the economic development of the 10 countries where we operate and to the social progress of the communities that welcome us. We are, therefore, leaders in our sector in the world's main sustainability indices. Galp has 6,360 employees. For more information, visit www.galp.com.
Contact Information
Maria Penaloza
Media Advantage Strategist
maria.penaloza@newswire.com
Anne Weiser
Client Success Manager
anne@newswire.com
941-586-6765
SOURCE: TES
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View source version on accesswire.com:
https://www.accesswire.com/754472/TES-and-Galp-to-Jointly-Explore-Recycling-of-Lithium-Ion-Battery-Materials-in-Iberia
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
2026 Fields Medals Awarded to Four of World's Top Mathematicians23.7.2026 16:45:00 CEST | Press release
The award, nicknamed the Nobel Prize of mathematics, recognizes outstanding achievement - and the promise of future achievement - by mathematicians under 40. PHILADELPHIA, PA / ACCESS Newswire / July 23, 2026 / During today's opening ceremony at the International Congress of Mathematicians (ICM) in Philadelphia, the International Mathematical Union (IMU) announced the recipients of the 2026 Fields Medals. This year's prizes went to four of the world's top mathematicians: Chinese mathematician Yu Deng of the University of Chicago; American mathematician John Pardon of Stony Brook University in New York; Canadian mathematician Jacob Tsimerman of the University of Toronto; and Chinese mathematician Hong Wang of New York University and France's Institut des Hautes Études Scientifiques (IHES). The Fields Medal is often described as the Nobel Prize of mathematics due to its prestige. Awarded every four years to two to four mathematicians under the age of 40, the medal recognizes outstanding
Karbon-X Secures Technical Advisory Engagement for Nature-Based Carbon Project in Libya22.7.2026 15:00:00 CEST | Press release
Initial engagement expands the Company's international project development portfolio through technical advisory services supporting the design and optimization of a proposed nature-based carbon project. CALGARY, AB / ACCESS Newswire / July 22, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company operating across global carbon markets and climate infrastructure, today announced that it has been engaged by Stream Pro Ltd, a subsidiary of Oilinvest to provide technical advisory services supporting the design and value optimization of a proposed nature-based carbon project in Libya. The engagement represents another step in Karbon-X's international project development strategy and further demonstrates the Company's expertise in the design and development of high-integrity carbon projects across emerging markets. Under the initial scope of work, Karbon-X will provide end-to-end technical support for the project's carbon design,
U.S. Polo Assn. Sponsors the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup as Official Apparel Partner22.7.2026 13:00:00 CEST | Press release
Gaston Polo Team Claims Gold Cup Title Over Dubai Polo Team at Cowdray Park Polo Club WEST PALM BEACH, FL AND WINDSOR, UK / ACCESS Newswire / July 22, 2026 / U.S. Polo Assn.® in partnership with Brand Machine Group (BMG), its partner in the United Kingdom, proudly continued its long-standing support of the British high-goal season as the Official Apparel Partner of the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup, held June 23 through July 19 at Cowdray Park Polo Club, known widely as "The Home of British Polo." 1) 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup Winners, Gaston Polo Team, accepting trophy on stage at Cowdray Park Polo Club 2) Gaston Polo Team attacking the ball against Dubai Polo Team in the 2026 St. Regis British Open Polo Championship for the Cowdray Gold Cup Final 3) The British Ladies Open Championship Finalists, Yaguara and Salty Polo, on stage at Cowdray Park Polo Club 4) U.S. Polo Assn.'s Experiential Merchandise
House of Hope in Bamako Continues to Provide Vital Support for Vulnerable Women in Mali in 202622.7.2026 11:00:00 CEST | Press release
BUDAPEST, HUNGARY / ACCESS Newswire / July 22, 2026 / The Gedeon Richter House of Hope centre in Bamako, Mali, continued to provide comprehensive support for vulnerable women and girls during the first half of 2026, delivering healthcare, protection, counselling, education and vocational training through its integrated programme. In the first six months of is year, nearly 50 women have been provided assistance in the center. Established through the cooperation of Gedeon Richter, the Hungary-based Close to Africa Foundation, and local partner Sini Sanuman Foundation, the House of Hope opened at the beginning of 2025 to offer shelter, gynaecological care, psychosocial and legal support, as well as educational and skills-development opportunities to women affected by violence and harmful traditional practices. Since opening its doors, the centre has supported well over a hundred women, while community outreach and awareness-raising activities have reached many more across Bamako and surro
Fermi Announces First Siemens Turbines Arrive at Port of Houston21.7.2026 22:30:00 CEST | Press release
Arrival marks an important milestone in the development of Fermi's Project Matador SGT6-5000F natural gas turbines will anchor what is expected to be the nation's largest combined-cycle natural gas project DALLAS, TX / ACCESS Newswire / July 21, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced the arrival of three Siemens Energy SGT6-5000F natural gas turbines at the Port of Houston. Together, the three turbines are rated at up to 780 megawatts in simple-cycle mode. They are bound for Fermi's Project Matador, an advanced energy and AI campus near Amarillo, Texas. This marks one of the project's largest single power-equipment moves, and it keeps Fermi well ahead of competitors in bringing gigawatt-scale power online. The delivery is the latest in a fast run of milestones. Over the past couple of weeks, Fermi selected TSK, Spain's largest power-focused EPC firm, for early works on its phase-two turbines and brought in Prim
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom