The US Department of Energy’s Loan Programs Office (LPO) has announced a US$375 million loan to lithium-ion recycling firm Li-Cycle to finance its material recovery facility in Rochester, New York.

Planning approval has been given for Waratah Super Battery in Australia to help fill gap in energy supply from a retiring coal power plant.

The UK’s T-4 Capacity Market auction has cleared in its third round at a record high of more than double the previous record high price.

Ministry of Power has issued guidelines for the adoption of PHES as a key technology for India’s renewable energy ambitions.

Australia has an “urgent need” for long-duration energy storage, along with new generation resources and transmission infrastructure.

Grid operators from across Europe believe energy storage is a vital flexibility resource that should be incentivised.

Suncor’s plan to recover vanadium from coke-fired boilers will receive CA$7 million (US$5.2 million) government funding.

Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.

Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.

South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.