German commercial and industrial (C&I) energy storage system firm Tesvolt is investing €60 million in a new manufacturing hub at its headquarters in Lutherstadt Wittenberg.
Our Next Energy (ONE) has raised US$300 million for its LFP cell gigafactory in Michigan while Turkish Kontrolmatik has started building its plant in South Carolina.
Zinc-air flow battery company Zinc8 Energy Solutions has won US$9 million in state tax credits for its new manufacturing facility in Ulster County, New York.
A total of US$92 billion has been invested in the US battery supply chain since Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.
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.
The government of Queensland seeks input on its battery industry strategy, while an engineering provider has been appointed for a large-scale battery gigafactory in Victoria.