The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.

DIF Capital Partners, together with ib vogt, has agreed to acquire a 100% interest in the largest UK co-located solar and battery portfolio from Cero Generation and Enso Energy.

Alberta-based developer Enfinite has commissioned two grid-scale battery storage projects in the Canadian province.

Infradebt has made the first close of a fund dedicated to investing in large-scale battery storage projects around Australia.

The broader portfolio and management team are critical to securing investment for individual energy storage projects, said senior figures at asset managers Blackrock and Impax.

CSI Energy Storage, part of Canadian Solar, will supply 487MWh of its battery energy storage solution Solbank to developer Aypa Power.

Energy storage and smart grid solutions firm Alfen is deploying a 30MW/68MWh battery storage project in the Netherlands for commissioning later this year, the largest under construction in the country.

Trina Storage is developing an energy management system (EMS) as a major strategic priority for its business.

There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.

Planning approval has been given for Waratah Super Battery in Australia to help fill gap in energy supply from a retiring coal power plant.