battery

Also on the rise: In 2022 pv magazine USA website traffic up 83%, reflecting dynamic solar industry. GM announces $650 million production plan with Lithium Americas. And more.

The two will set up a mining operation at the largest known lithium source in the United States. The deal marks the largest investment by an automaker in raw materials for batteries.

One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.

Also on the rise: Retired coal sites to host multi-day iron-air batteries. Wyoming 900 MW pumped storage project moves toward licensing. And more.

The company plans to invest approximately $200 million in U.S. conductive carbon additives over the next five years, with plans to add 15,000 metric tons of capacity in Texas to meet needs of electric vehicle lithium-ion battery applications.

Also on the rise: More hydrogen production coming to California. Wyoming laws seek to kill net metering and EVs. And more.

The EV battery manufacturer purchased 135 acres in Imperial Valley, California near the Salton Sea, which will be the site of one of the largest Gigafactories in North America with capacity to produce enough batteries to power 650,000 electric vehicles per year.

In recent weeks Glenn Youngkin nixed a Virginia Ford facility after he was informed that companies had decided to invest.

Coram Energy, a historic developer of the Tehachapi Wind farms, will deploy 646 MWh of batteries in its two first southern California storage projects.

The United States private sector makes up for nearly a quarter of the $860 billion in global EV investment announcements through 2030. Funding opportunities via legislation more than double that figure.