Redwood Materials will get a US$2 billion loan from the DOE’s Loan Programs Office (LPO) for its closed-loop lithium-ion anode and cathode material production plant in Nevada, US.
CMBlu Energy, the designer and maker of a proprietary organic flow battery, has won its first deal in the US since the company’s expansion into the market.
Australia and New York are two very different places but both are likely to soon see their first government-backed tenders in which grid-scale energy storage can compete.