Lithium-ion battery recycling specialist Li-Cycle reported US$8.7 million in revenues for the quarter ended April 30, 2022, more than double the previous quarter.
Mining giant Rio Tinto has invested US$10 million in battery materials company Nano One, a few weeks after Nano One acquired the lithium iron phosphate cathode business of Johnson Matthey.
European battery energy storage deployments are expected to plateau over 2024-27 due to lithium-ion scarcity whilst the continent will need 200GW by 2030 to accommodate additional renewables, according to a new report and webinar.
Power and automation technology company ABB will lead a turnkey project for a shore-to-ship power solution in Toulon, south France, using a 2.35MW/4.7MWh lithium-ion battery.
Australian renewable energy developer Edify Energy has secured project financing for three battery energy storage system (BESS) projects in New South Wales totalling 150MW/300MWh.
US development bank NADBank is providing a US$65.7 million loan for a co-located solar project with an 80MWh battery energy storage system (BESS) in Texas.
A front-of-meter microgrid combining 2.2MW of solar PV with a 9MWh battery has gone online in Humboldt County, northeast California, which its developers claim is the first of its kind.
Californian investor-owned utility (IOU) PG&E has revealed its energy storage plans in a Climate Strategy Report and cut the ribbon on the 182.5MW Elkhorn battery energy storage system (BESS).
Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.
Ion Storage Systems (ION), a company that has developed a solid state lithium-ion battery technology, has raised a US$30 million Series A to expand its production facility and accelerate its entry into the stationary storage sector.
