Energy storage is ready to become a key pillar of the US energy transition, writes Andy Tang of Wärtsilä Energy.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

Iron flow battery company ESS Inc continues to await recognition of revenues, but has “strong confidence” in its trajectory towards profitability.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Li-Cycle has been selected as preferred battery recycling partner to LG Chem and LG Energy Solution for their North America operations.

Redwood Materials CEO JB Straubel told a US Senate hearing his company already receives approximately 6GWh of end-of-life lithium-ion batteries for recycling annually. 

The Biden administration plans to use the Cold War-era Defense Production Act to ramp up mining and processing for materials integral to batteries and renewable energy, like lithium, graphite, nickel, manganese and cobalt.

ABB will provide technical expertise for a lithium extraction facility in Portugal which targets zero emissions status by 2030. 

Pivot Power has secured planning permission for two 50MW/100MWh lithium-ion battery storage sites in the UK.

Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.