Redwood Materials CEO JB Straubel told a US Senate hearing his company already receives approximately 6GWh of end-of-life lithium-ion batteries for recycling annually. 

e-Zinc, which claims its zinc metal-based battery technology could provide low-cost, long-duration energy storage has raised US$25 million. 

Californian investor-owned utility San Diego Gas & Electric has released its decarbonisation roadmap study.

Zinc battery energy storage system provider Eos Energy Systems finished 2021 with an order backlog of US$148.7 million and a net loss for the year of US$124.2 million.

A 214 acre site which will host a battery cell gigafactory in Arizona, US, has been acquired by KORE Power.

New York state is on course to meet its new 2030 target of 6GW of storage deployment, with storage projects in its interconnection queue growing 50% to 12GW.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

Insurance is a cornerstone of de-risking financing and investment into energy storage

Microinverter supplier Enphase Energy has been selected by Vermont, US, utility Green Mountain Power to supply its home battery system for a virtual power plant (VPP) programme.

The Biden administration plans to use the Cold War-era Defense Production Act to ramp up mining and processing for materials integral to batteries and renewable energy, like lithium, graphite, nickel, manganese and cobalt.