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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. he upward cost pressure on batteries outpaced the higher adoption of lower cost chemistries like lithium iron phosphate (LFP).

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Earlier post.) Of that, $1.6

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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

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Eos Energy, a provider of safe, scalable, efficient, and sustainable zinc-powered long-duration stationary energy storage systems, announced Project AMAZE (American Made Zinc Energy), a $500-million planned expansion and a significant milestone to build 8 GWh of clean energy storage production capacity.

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FREYR Battery in license & services agreement with Aleees for LFP cathode active material

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FREYR Battery has entered into an agreement with Aleees , the Taiwan-based lithium-iron phosphate (LFP) cathode battery material manufacturer. FREYR anticipates that the agreement will enable FREYR to meet the future LFP cathode material needs of the Giga Arctic battery production facility in Mo i Rana, Norway.

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Aqua Metals and 6K Energy partner to develop low-carbon CAM precursors for Li-ion batteries

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The companies have initiated the partnership with a non-recurring engineering (NRE) agreement to develop low-carbon technology for the conversion of critical metals—first virgin and later recycled material—into battery-grade cathode active material (CAM) precursors, which are essential to 6K Energy’s advanced cathode manufacturing.

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Low-cost 5V dual carbon battery development for EV 

Electric Vehicles India

Low-cost 5V dual carbon battery development for EV . A 5V Dual Carbon Battery that uses self-standing carbon fibre mats as both electrodes such as cathode and anode has been developed by the Electrochemical Energy Storage Lab at the Indian Institute of Technology Hyderabad (IITH).