Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.
The new system integrator arm of South Korean battery and storage system manufacturer LG Energy Solution has already racked up 10GWh of project orders in the US.
More detailed proposed regulations around the US government’s 45X tax credit for domestic clean energy manufacturing have been released, clarifying what battery components and materials qualify.
We hear from Aqua Metals, a company with a novel lithium-ion battery recycling technology it claims is cheaper and more sustainable to commercialise than conventional methods, discussing its tech, the energy storage market and fluctuating metals prices.
The US energy storage industry’s upward growth trajectory has seen another record-breaking quarter, with 2,354MW and 7,322MWh of deployments in Q3 2023, according to Wood Mackenzie.
The US Department of Energy Loan Programs Office (LPO) is continuing to work with battery recycling firm Li-Cycle on its loan application, a spokesperson told Energy-Storage.news, after Republican lawmakers questioned the LPO director’s role in granting the loan to the firm.
Li-Cycle is exploring “strategic alternatives” after pausing work on its main recycling facility in New York following soaring project costs while industry peer AquaMetals claims to Energy-Storage.news that its facility is 60% cheaper to build.
