Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.
Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.
Industry sources including ex-Fluence executives discuss what the next era for the rapidly-evolving BESS technology landscape looks like, including the move to AC blocks and changing battery cell sizes.
National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.
Li-Cycle has finalised a loan of nearly half a million dollars to with the DOE’s Loan Programs Office (LPO) scale up its battery recycling facilities in the US, with the near-term direction of the LPO under a Trump administration likely to change.
NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).
CATL is the world’s largest lithium-ion manufacturer, and a major player in BESS too, and made headlines earlier this year when it claimed five years of ‘zero degradation’ for its new grid-scale product Tener.
