Deadline for commissioning large-scale battery storage for California utility Southern California Edison might be missed, Ameresco has said.

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. 

Zinc battery energy storage system provider Eos Energy Systems finished 2021 with an order backlog of US$148.7 million and a net loss for the year of US$124.2 million.

A 214 acre site which will host a battery cell gigafactory in Arizona, US, has been acquired by KORE Power.

EU-supported European Battery Alliance (EBA) will roll out a newly updated action plan to enable 90% of the Union’s demand for batteries to be met with domestically made products by 2030.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.

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.

India will not be able to meet its aim of becoming a global leader in battery manufacturing unless it establishes a value chain that embraces recycling.

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.