Lyten’s deal to acquire and recommence operations of European battery firm Northvolt out of bankruptcy has winners and losers, but some of the challenges that led to its demise have already been solved.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
Tom Sisto, CEO of US flow battery provider XL Batteries, writes that lithium-ion batteries’ dependence on a supply chain controlled almost completely by one country is a risk that could be avoided.
Ex-Tesla CTO’s battery recycling and materials company Redwood Materials has launched a new business unit to repurpose second-life EV batteries for energy storage.
Atmos Renewables has awarded construction company GenusPlus Group an AU$65 million (US$42 million) contract to build the 400MWh Merredin battery energy storage system (BESS) in Western Australia.
Renewable energy developer Gurin Energy has appointed Saft as the technology provider to a gigawatt-hour-scale battery energy storage system (BESS) in Japan.