CATL and Daihatsu, a subsidiary of Toyota, have signed an MoU to increase strategic cooperation on battery supply and battery technologies.
Vulcan Energy has developed and demonstrated its own in-house lithium extraction technology – VULSORB – for use in its Upper Rhine Valley Brine Field and the Zero Carbon Lithium Project. The company claims superior performance relative to industry standards from existing brine extraction technologies.
Blackrock has acquired US battery storage developer Jupiter Power, bringing an 11,000MW pipeline under Blackrock’s Diversified Infrastructure business, including 655MWh within the ERCOT market, making it the largest player in Texas.
Canada has introduced refundable tax credits for energy storage developments. Announced as part of the country’s autumn economic statement the country will introduce refundable credits to cover 30% of the capex of electricity generation systems, stationary storage systems, industrial zero emission vehicles and related charging equipment.
The Australian state of New South Wales has received bids for 5.5 GW of wind and solar plus 2.5 GW of long duration energy storage as part of the state’s Electricity Infrastructure Roadmap.
SolarDuck is to develop a 5 MW floating offshore solar plant at the Hollandse Kust West VII offshore wind farm in the Dutch North Sea. The project will have energy storage and will be commissioned in 2026.
Envision Energy has begun construction on a $1.5 billion wind and battery factory in Xiangzhou District, Hubei Province, China. The facility will be commissioned in August 2023 with production capacity of 200 onshore wind turbines and 3 GWh of energy storage batteries.
Dazhong Mining Company has increased the capital of its subsidiaries in order to proceed with $565 million investment into a lithium mine in Linwu County, Hunan Province, China, along with $282 million for lithium carbonate processing and transportation, and $1.4 billion for battery manufacturing.
The Sichuan Province section of the Baihetan-Zhejiang ±800kV UHVDC transmission line has been completed. This line has a length of 2,140 kilometers, transmission capacity of 8 GW, and a total investment of $4.3 billion. It was approved by the NDRC in July 2021, with a total construction period of 16 months.
The Asian Development Bank has announced that the first 60 MW of a 100 MW solar farm collaboration with Cambodia’s state-owned utility Electricite du Cambodge (EDC) has been commissioned.
Jordan-based Philadelphia Solar and Translucent Energy from the US have entered a Joint Venture to establish a Mono PERC solar module factory in the US, which will subsequently adopt heterojunction in 2025.
Boamax will develop an 18 GW module factory in Inner Mongolia, China.
Zhengye Technology will commission 2 GW module, 1 GW cell production capacity for heterojunction photovoltaics by the end of 2023.