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Li-Cycle sets up its first US-based Li-ion battery recycling center in NY state

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Empire State Development (ESD) announced that Canada-based Li-Cycle Corporation will establish its first US-based Li-ion battery recycling facility in New York State. Li-Cycle expects to be fully operational at the facility later this year. The total project cost has been placed at up to $23.3

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USABC awards $2M to Li-ion battery recycling program with American Battery Technology Company

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The United States Advanced Battery Consortium LLC (USABC) is awarding $2 million to lithium-ion (Li-ion) recycling development project , “Strategic Collaboration for the Development of a Self-Sustaining Model for the Recycling of Large-Format Lithium-Ion (Li-ion) Batteries,” with American Battery Technology Company (ABTC).

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BYD supplying Li-ion batteries for stationary energy storage to Green Charge

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BYD is now supplying Li-ion batteries to Green Charge, an ENGIE Company. Green Charge’s first installation of BYD batteries will be for the recently announced six-megawatt-hour system adjacent to ENGIE’s Mt. To date, BYD has installed more than 550 MWh of energy storage systems worldwide.

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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

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China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. —James Frith, BNEF’s head of energy storage. In 2020, Japan and Korea rank number two and three respectively.

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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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Roskill forecasts Li-ion battery demand to increase more than ten-fold by 2029 to >1,800GWh

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Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. The pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

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Toshiba supplies Li-ion traction energy storage system for Tobu Railway

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Toshiba Corporation has supplied a Li-ion battery traction energy storage system (TESS) to Tobu Railway Co., TESS stores traction energy generated by decelerating trains as they enter a station and releases it as needed when trains accelerate from the station.

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