Energy Storage

Image Credit: Strata Clean Energy

1 GWh Energy Storage Project In Arizona Gets $559 Million In Financing

Strata Clean Energy has secured $559 million in financing for its 255 MW/1,020 MWh Scatter Wash battery storage complex. Strata broke ground on the Phoenix, AZ, energy storage project in January of this year. The huge battery storage complex is anticipated to be operating in 2025. Financial partners/collaborators for the … [continued]

NMG Secures Multiyear Offtakes from GM and Panasonic

Panasonic Energy and GM (together, the “Anchor Customers”) concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production, from ore to battery materials. Offtake agreements are complemented by an aggregate US$50 million Tranche 1 Investment from Panasonic and GM to advance the development of NMG’s Phase-2 … [continued]

Kae Fink shows what a shredded battery looks like (“Vendor R” on the right); she recovered the purer materials on the left using a new recycling method she developed with other NREL researchers. Photo by Werner Slocum, NREL

U.S. DOE Announces $15 Million to Boost Collection of Used (Spent) Consumer Batteries at Retailers

The U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) today announced it is making up to $15 million available through President Biden’s Investing in America agenda to drive recovery of spent consumer batteries at retailers that can be sent to recyclers.