The US battery storage market is struggling to adapt to rising raw materials costs and has reached a “crisis point”.

Emad Zand, president of Northvolt Systems, on factors impacting the growth of a European battery storage industry.

Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. 

A newly-announced battery gigafactory in the US from startup SPARKZ will make batteries suitable for grid storage and will be built in the heart of Appalachian coal county in West Virginia. 

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

Australia’s Prime Minister Scott Morrison has announced financial support for four technology sector manufacturing projects, including a vanadium processing plant.

Energy-storage.news speaks with the CEO of American Battery Factory, which seeks to establish a network of LFP gigafactories.

Northvolt intends to build its third gigafactory in Schleswig-Holstein, Germany.

‘Simple’ changes at the design stage of batteries could add significantly to their ‘reusability’ before end of life.

The new edition of PV Tech Power is now available to download.