Lithium-ion battery recycling specialist Li-Cycle reported US$8.7 million in revenues for the quarter ended April 30, 2022, more than double the previous quarter.

KORE Power will provide batteries for a 20MWh battery storage project under development between ABB and UK green energy supplier Ecotricity.

US energy storage industry is going strong despite delays due to supply chain issues, interconnection queue waiting times and other factors.

Mining giant Rio Tinto has invested US$10 million in battery materials company Nano One, a few weeks after Nano One acquired the lithium iron phosphate cathode business of Johnson Matthey.

Sembcorp is building 200MWh of battery storage systems on Singapore’s Jurong Island, home to much of the country’s industrial activity.

Gujarat will sign power purchase agreements for renewables paired with energy storage to bring electricity to off-grid villages.

European battery energy storage deployments are expected to plateau over 2024-27 due to lithium-ion scarcity whilst the continent will need 200GW by 2030 to accommodate additional renewables, according to a new report and webinar.

‘Innovative long-duration storage technology’ from Lockheed Martin will be deployed at the US Army’s Fort Carson in Colorado.

The battery industry is at risk of falling into the trap of becoming too dependent on a single ingredient.

News in brief from around the world in energy storage.