While contractual parties are rarely ironing out end-of-life provisions for BESS, those that do are keeping their options open with the future value of degraded batteries far from clear, a UK-based lawyer said.
Green Li-ion, a Singapore-headquartered startup, has put into operation what it claims is the first recycling facility in North America to turn black mass directly into precursor cathode active material (pCAM).
The forthcoming introduction of the European Union (EU) Battery Passport could result in a 2-10% reduction in procurement costs, according to the consortium tasked with its implementation.
A second life energy storage assembly plant has opened in Germany, amidst a rapid fall in battery prices which could threaten the economics of repurposing EV batteries into stationary units.
The US government has announced US$4 billion in tax credits for over 100 projects under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.
Big investments are being made into the battery recycling sector in Europe as the continent looks to increase the domestic supply of critical materials for its lithium-ion gigafactory projects.
The European Union’s new Batteries Regulation will be a driver of change in how the energy storage system industry thinks about procurement and managing batteries at the end of life.
Executives from Northvolt discussed the gigafactory company’s ramp-up after a slow 2023 and how the company intends to be competitive in the global market, as well as cell technology, recycling, sourcing from China and an eventual IPO.
The EU is ‘stepping up its game on battery gigafactories’, European Commission executive VP Maroš Šefčovič said at the Giga Europe conference today (12 March).
