Lithium carbonate prices have started to creep back up again after coming down from 2022’s extreme highs, but the long-term outlook is one of downwards prices, research firm Fastmarkets said.

The US’ installed base of utility-scale battery energy storage systems (BESS) increased by 80% in 2022, as the industry had a record-breaking year.

The US Department of Energy (DOE) has cancelled a US$200 million grant application from lithium-ion battery firm Microvast, which rejected any links to the Chinese government.

Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.

Developer Strata Clean Energy and utility Arizona Public Service (APS) have agreed a 20-year tolling agreement for a 255MW/1GWh battery energy storage system (BESS).

Utility Hawaiian Electric has finalised a plan to completely use renewable resources by 2045, including mid-term goals of adding renewables generation and rooftop solar by 2030.

UGL has been selected to design, test and commission a BESS which will provide power for BHP’s iron ore port in Western Australia.

The battery manager for Sweden-based Stena Recycling Group discussed the firm’s approach to the battery market and reusing batteries for second life in an exclusive interview with Energy-Storage.news.

A large-scale pumped hydro energy storage project in Washington State has passed a key stage of approvals, while another in South Dakota has been dropped.