The lithium industry needs US$116 billion of investment to achieve the 5.7x ramp-up in production needed for 2030 decarbonisation goals, and prices may remain ‘tight’ in the coming years.

The US could see new mines and raw material production “scale up” as demand for battery energy storage systems and grid resilience increases over the next decade, according to Margaret O’Riley, battery, automotive and electrification business recruitment lead for Duke Energy Corporation.

Mobile energy solutions provider Aggreko has completed one of the largest renewable energy microgrids in the world, at the Granny Smith gold mine in Western Australia.

Updated: Germany-headquartered renewables developer Baywa r.e. will deploy a solar-plus-storage solution for a goldmine in Mali that will include 13.5MWh of battery storage and reduce the mine’s dependence on heavy fuel oil during the daytime.

French energy storage system maker Electro Power Systems has reported “outstanding results” for the first quarter of this year as well as a €2.4 million backlog of orders in East Africa, Asia-Pacific and Italy.

Solar power systems serving an oilfield in Qatar will be fitted with utility-scale energy storage batteries, helping to ensure the continuity of operations at 775 oil wells.

Mining giant Glencore has taken delivery of a lithium-ion energy storage system at a nickel mining complex in Canada, to be used to lower diesel costs and integrate power from wind turbines.