Lithium battery recycling company Li-Cycle is planning its fourth facility in North America, the company said, as it made its first financial results release since listing on the New York Stock Exchange (NYSE) in August.
The European Union has raised the bar for standards in the battery supply chain with a set of regulations it intends to introduce, but a group of academics and industry experts has pointed out some drawbacks with its approach. One of those experts talks to Energy-Storage.news about the implications for stationary energy storage systems.
Lithium battery technology is rapidly enabling the electrification of transport, and of the energy sector. However, batteries themselves can often be seen as a short-lived commodity and as yet, recycling and reuse have not become major priorities in the industry. Dr Amrit Chandan, CEO of UK-headquartered Aceleron Energy discusses what it means to build a circular economy around advanced lithium-ion batteries, designed with longer lifetimes and their repurposing for second-life use in mind.
Lithium battery recycling company Li-Cycle now has capacity to recycle 10,000 tonnes a year of spent lithium-ion batteries, having just opened its Rochester, New York facility for commercial operations.