Investor-owned utility SDG&E and the City of San Diego are launching a dozen microgrid projects with energy storage across San Diego, California, following similar announcements elsewhere in the state.
Lithium-ion battery pack manufacturer Dragonfly Energy expects revenues to increase 47% this year, during which it will complete a Nasdaq listing through a SPAC merger, before doubling in 2023.
Construction has begun on a solar-plus-storage project on the Caribbean island of St. Kitts & Nevis, backed by Leclanché, Solrid and MPC Energy Solutions.
The Inter-American Development Bank and Norwegian Agency for Development Cooperation are investing up to US$83.3 million in eight solar PV projects in Guyana with 34MWh of co-located energy storage.
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.
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.
New York has awarded 22 solar PV projects totalling 2.4GW of power, including six co-located sites with a combined 159MW of battery energy storage systems (BESS).
