South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.
A 60MWh battery energy storage project co-located with an existing solar PV plant has been proposed in Spain, the latest to qualify for a recently-announced €150 million package of grants.
Redwood Materials will get a US$2 billion loan from the DOE’s Loan Programs Office (LPO) for its closed-loop lithium-ion anode and cathode material production plant in Nevada, US.