Lithium carbonate prices have started to creep back up again after coming down from 2022’s extreme highs, but the long-term outlook is one of downwards prices, research firm Fastmarkets said.
The US Department of Energy (DOE) has cancelled a US$200 million grant application from lithium-ion battery firm Microvast, which rejected any links to the Chinese government.
Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.
Developer Strata Clean Energy and utility Arizona Public Service (APS) have agreed a 20-year tolling agreement for a 255MW/1GWh battery energy storage system (BESS).
Utility Hawaiian Electric has finalised a plan to completely use renewable resources by 2045, including mid-term goals of adding renewables generation and rooftop solar by 2030.
A large-scale pumped hydro energy storage project in Washington State has passed a key stage of approvals, while another in South Dakota has been dropped.
Wärtsilä has revealed details of fire testing its large-scale battery storage product was put through, which the company claimed went beyond commonly accepted requirements.
