Mining giant Glencore, Spain-based utility Iberdrola and commercial waste management firm FCC are partnering to develop lithium-ion battery circularity solutions, including recycling and second life.
The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.