Also on the rise: Koch makes a $100 million investment in li-ion battery recycling, and battery energy storage pairs well with solar, says the EIA.
Li-Cycle said its market estimate has “accelerated significantly” in recent months as mega-battery plants have exceeded original expectations.
Of the battery storage capacity planned to come online from 2021 to 2024, around two-third will be co-located with a solar power plant
Also on the rise: SEIA warns of a ‘death blow’ if anti-dumping solar tariffs are pursued, and Ford Motor plans a major EV and battery investment.
The company will partner with South Korea-based SK Innovation to build facilities to produce and eventually recycle EV batteries.
The company applied to the SEC to list its Class A common stock on the Nasdaq Global Select Market under the symbol “FLNC.”
The Calgary-based utility is scrapping a plan to convert a coal unit to natural gas, redirecting the capital to renewable energy investments.
Swinerton’s George Hershman warned, “This is absolutely the biggest risk and issue for our company and the industry.”
Also on the rise: NERC points a finger at inverters as a grid reliability concern, and a $2.5 billion HVDC project gains a utility investor.
The $2.5 billion SOO Green project would connect the MISO and PJM regional energy markets, enabling the delivery of 2,100 MW of renewable energy.
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