Canadian Solar subsidiary Recurrent Energy has acquired two standalone energy storage projects in development totalling 400MWh in the ERCOT, Texas market.

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.

Hitachi Energy will power the US’ first-ever primary vanadium source entirely from renewable energy in a partnership with Nevada Vanadium.

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.

‘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.

Around 60% of new solar projects planned in US utility service areas are hybrid resources paired with storage. Recurrent Energy’s Lucas Moller explains the appeal.

Actions taken this month by the US government to support solar industry unlikely to come at the expense of support for energy storage.