The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Aleees to provide technology for ICL Group’s LFP cathode facility in US


Taiwan-based Aleees will provide its lithium iron phosphate (LFP) cathode manufacturing process technology for ICL Group’s US$400 million facility in Missouri, US.

Israel-based ICL’s LFP cathode manufacturing facility in St. Louis, expected operational in 2024, will be the first large-scale facility of its kind in the country.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

ICL was awarded US$197 million through Bipartisan Infrastructure Law funding for the project, subject to ongoing negotiations with the Department of Energy.

A total of US$2.8 billion has been granted by the federal department for building a domestic battery supply chain, as reported by last month.

The 120,000 square foot facility will produce LFP material for the global lithium-ion battery market through two production lines capable of producing 15,000 tons of a year. Phase One in 2024 will see the first line open while full production from both lines totalling 30,000 tons is expected the following year.

Phil Brown, president of Phosphate Specialties and managing director of North America for ICL, said: “The US$197 million investment from the Department of Energy (DoE) is crucial to building a domestic manufacturer, which can compete globally while providing a much-needed safety net for American manufacturers in the EV, battery and energy-storage industries.”

Aleees and ICL signed a memorandum of understanding (MOU) in July in which the Taiwan-based group granted licensed technology to ICL and agreed to provide the company with technical information to accelerate its project’s development.

A DoE publication on the winners of the grant money said that the location of ICL’s facility is in an area in significant need of investment to offset the loss of jobs in the automotive sector in past decades.

In October, Norway-headquartered battery manufacturing startup FREYR Battery announced an LFP cathode partnership with Aleees. FREYR will get licensing to produce and LFP cathode material based on the Aleees technology, starting at FREYR’s initial Giga Arctic gigafactory complex in Mo i Rana, Norway.’ publisher Solar Media will host the 5th Energy Storage Summit USA, 28-29 March 2023 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry leaders focusing on accelerating the market for energy storage across the country. For more information, go to the website.

22 October 2024
New York, USA
Returning for its 11th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
18 March 2025
Austin, Texas
The Energy Storage Summit USA is the only place where you are guaranteed to meet all the most important investors, developers, IPPs, RTOs and ISOs, policymakers, utilities, energy buyers, service providers, consultancies and technology providers in one room, to ensure that your deals get done as efficiently as possible. Book your ticket today to join us in 2025!

Read Next

June 14, 2024
System integrator Stem Inc and developer Prometheus Power have deployed the first of three co-located BESS projects in Arizona for utilities in the AEPCO co-operative.
June 14, 2024
Some €17.9 million (US$19 million) in grants will be made available for ‘medium size’ distributed-scale energy storage projects projects in Austria.
June 13, 2024
US$5 million will be made available for long-duration energy storage (LDES) projects via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
June 13, 2024
TCC Group Holdings, the majority owner of New HOrizons Ahead (NHOA), intends to increase its holding and take the company private, delisting it from the Euronext Paris exchange.  
June 12, 2024
We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.

Most Popular

Email Newsletter