More detailed proposed regulations around the US government’s 45X tax credit for domestic clean energy manufacturing have been released, clarifying what battery components and materials qualify.
We hear from Aqua Metals, a company with a novel lithium-ion battery recycling technology it claims is cheaper and more sustainable to commercialise than conventional methods, discussing its tech, the energy storage market and fluctuating metals prices.
UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.
The Gore Street Energy Storage Fund’s results for the first half of its financial year have demonstrated the benefits of its internationalisation strategy, though its net asset value (NAV) per share fell slightly.
Hawaii’s main utility Hawaiian Electric has entered into contract negotiations with the developers of 15 renewable energy projects, including solar, wind and a combined 2.1GWh of energy storage.
The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a major floating solar power (FPV) and storage project.
Li-Cycle is exploring “strategic alternatives” after pausing work on its main recycling facility in New York following soaring project costs while industry peer AquaMetals claims to Energy-Storage.news that its facility is 60% cheaper to build.
Norway-based independent power producer (IPP) Scatec has started operations on three solar-plus-storage projects in South Africa, totalling 1,140MWh of BESS capacity.
