A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.
One of Sweden’s DNOs Ellevio Group is investing in four new battery storage projects totalling 70MW, supplied by Alfen, the latest in a series of large-scale projects.
Investment firms Castlelake and Gore Street Capital have acquired respective battery storage projects in the ERCOT, Texas market totalling nearly 600MW of storage capacity.
ASX-listed Altech Chemicals and research institute Fraunhofer-Gesellschaft have progressed plans for a 100MWh plant in Germany to produce the latter’s energy storage-focused sodium solid state battery technology.