Li-Cycle has finalised a loan of nearly half a million dollars to with the DOE’s Loan Programs Office (LPO) scale up its battery recycling facilities in the US, with the near-term direction of the LPO under a Trump administration likely to change.

NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).

BESS is key to the UK’s net zero goals but significant challenges for the industry remain, writes Harmony Energy’s Peter Kavanagh.

CATL is the world’s largest lithium-ion manufacturer, and a major player in BESS too, and made headlines earlier this year when it claimed five years of ‘zero degradation’ for its new grid-scale product Tener.

India’s Reliance Industries has completed the takeover of sodium-ion battery company Faradion, while Amazon is set to trial a novel flow battery technology.

ESN Premium’s canvassing of election views from North America’s biggest clean energy trade event concludes.

With the US election rapidly approaching, ESN Premium has heard the views of system integrators, developers, and EPCs.

Lithium-ion OEM LG Energy Solution will slow its expansion to focus on increasing utilisation at existing production lines, while also starting battery production in the US for energy storage next year, it revealed in its quarterly results.

The US Treasury and Internal Revenue Service (IRS) have finalised the rules and process for the 45X advanced manufacturing tax credit, which effectively provides a subsidy to domestic clean energy technology manufacturing, including batteries.

Transferability and the Inflation Reduction Act (IRA) have opened up tax equity financing to the wider corporate world, but significant risks remain with so many new entrants, tax credits specialist Foss & Company told Energy-Storage.news.