Lithium-metal battery developer SES AI Corporation has signed a non-binding memorandum of understanding (MOU) with retail energy provider AISPEX to provide up to 100MWh of battery energy storage systems (BESS) at a crypto mining site in Texas, US.

Speaking with Energy-Storage.news, North American lithium-ion battery recycling specialist Li-Cycle said that battery recycling will help the US become less reliant on foreign imports and “help bolster energy independence and national security.”

A new study from Stanford says that sodium-ion batteries will need more breakthroughs in order to compete with lithium-ion (Li-ion).

Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.