A six-year lithium off-take contract signed by LG Energy Solution and supplier Sigma Lithium “signals the importance of securing lithium supply and the importance of ESG,” an industry supply chain expert has said.

Vanadium flow batteries are considered a leading light of the push towards technologies that can meet the need for long-duration energy storage. Not least of all by the companies that mine the metal from the ground. Andy Colthorpe learns how two primary vanadium producers increasingly view flow batteries as an exciting opportunity in the energy transition space.

China has once again been ranked top for involvement in the global lithium-ion battery supply chain by BloombergNEF, but for the first time the US has come in second amid a policy rush to support the domestic industry. 

Northvolt has announced an expansion to its R&D centre in Sweden which will turn the facility into “Europe’s leading campus for battery technologies”.

Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables. 

Eos Energy Enterprises, the NASDAQ-listed US manufacturer of zinc-based battery storage technology, has secured an equipment financing deal that will aid its efforts to increase manufacturing capacity.

In an interview with Energy-Storage.news, Enel X Battery Energy Storage solutions chief David J.A. Post explains how energy storage for C&I customers can have the maximum economical and ecological impact. 

News in brief from around the world in energy storage.

A long-duration energy storage system using NGK’s sodium-sulfur (NAS) batteries has been commissioned by a subsidiary of German chemicals company BASF, which seeks out high growth opportunity businesses to work with. 

LS Energy Solutions is the latest energy storage technology provider to launch modular all-in-one battery energy storage system (BESS) units for the utility-scale, as well as commercial and industrial (C&I) markets.