February 18, 2021: Ever Resource Ltd, a UK battery recycling start-up founded in June 2020, has been bought by the Swiss technology company iQ International, the firm announced on February 12. Ever Resource directors Athan Fox and Miles Freeman will launch ‘company-wide state-of-the-art recycling opportunities, particularly for batteries’, iQ says. Fox becomes director of innovation,…

February 18, 2021: Li-Cycle, which says it is the largest lithium battery recycler in North America, on February 16 signed an agreement with Peridot Acquisition Corp to list on the New York Stock Exchange under the ticker symbol LICY. The transaction, which is timetabled for completion in the second quarter of 2021, is expected to…

February 18, 2021: Hitachi ABB Power Grids, a company formed in July to develop electricity networks, will supply the energy storage system for Singapore’s first virtual power plant, the company said on February 4. The project, begun in 2019 by the Energy Research Institute at Nanyang Technological University, has been funded by the state’s Energy…

February 18, 2021: An announcement this month by the Australian firm CEP.Energy that it was planning to build the world’s biggest battery by about four times (1,200MW) would see the amount of battery storage in Australia exceed predictions by a third. The battery, in New South Wales, would be eight times larger than Australia’s current…

February 18, 2021: Aqua Metals, the lead battery recycling company, on February 17 said it was expanding into lithium-ion by buying 10% of LiNiCo, a US start-up ‘focused on creating economically viable and environmentally sustainable technologies for lithium-ion battery recycling’. Aqua Metals and LiNiCo had already agreed a lease-to-buy arrangement for the Nevada AquaRefining facility,…

February 18, 2021: Corporate funding for battery storage, smart grid and energy efficiency rocketed by 112% to $8.1 billion in 2020 compared with $3.8 billion in 2019, a February report by Mercom Capital says. The battery storage sector saw a 136% rise in corporate funding, with $6.6 billion in 54 deals, although venture capital funding…

February 18, 2021: CIT Group’s announcement on February 11 that it was arranging a portfolio of six battery storage systems with a total output of 230MW for the southern US state of Texas will no doubt be welcomed in a state that has seen at least five million people suffering from power blackouts over several…

February 4, 2021: More storage will be needed to improve the reliability and cost of renewable sources of electricity in the UK after the National Grid issued four warnings this winter that security of supply was at risk. It is the first time the network operator has had to issue such a warning in four…

February 4, 2021: Canadian lithium-ion battery recycling firm Li-Cycle announced on January 27 it had appointed Wilson Ma as vice president of Corporate Development. Ma will spearhead Li-Cycle’s efforts to scale the recover of lithium-ion resources globally, while leading other strategic initiatives, the company says. Ma was already based in Toronto, where he worked at…