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.

In a double-whammy of NMC battery news, SolarEdge has started shipping cells from its new South Korea gigafactory while Lechlanché has claimed a breakthrough in environmentally-friendly cell production.

Manufacturing firm Arxada has started producing Prussian blue materials for Natron sodium-ion battery production while US-based Mitra Chem has hired EPC firm Bechtel to design its LFP cathode facility.

FREYR Battery has signed a series of agreements that bring its plans for gigafactories in Europe and later the US closer to fruition.

The mismatch between supply and demand for lithium batteries presents a challenge to the global transition to sustainable energy.

Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.

AMTE Power, a UK-based manufacturer of batteries, has said its new sodium-ion cells are close to being ready to send out into the field for testing and validation.

New sodium-ion battery production facilities have been announced in the US and Sweden by Natron Energy and Altris, respectively, with both set to start production in 2023.

Ascend Elements will recycle manufacturing scrap from SK Innovation’s lithium battery gigafactories in Georgia, US.