Tag: energy storage
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KORE Power: $850 million for advanced battery manufacturing
U.S. Department of Energy supports domestic lithium-ion battery production in Buckeye, AZ. KORE Power, Inc. (KORE), leading U.S.-based developer of battery cell technology, has secured a conditional commitment of $850 million from the U.S. Department of Energy’s Loan Programs Office (LPO). This key financial injection will support the construction of the company’s state-of-the-art battery cell…
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Tesla breaks ground on new lithium refinery in Texas
Innovative facility aims to boost lithium refining capacity and reduce environmental impact Tesla is making strides toward a sustainable energy future with the groundbreaking of its new in-house lithium refinery near Corpus Christi, Texas. The facility is designed to increase lithium refining capacity and address the challenges of conventional lithium production by minimizing waste. During…
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Ecobat to build new lithium-ion recycling facility in U.S.
Lithium-ion battery recycling facility in Casa Grande, Arizona to process 10,000 tons of recycled material per year Ecobat, the global leader in battery recycling, has announced plans to build its first North American lithium-ion battery recycling facility in Casa Grande, Arizona. The facility will initially produce 10,000 estimated tons of recycled material per year, with…
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New wind and solar are cheaper than the costs to operate all but one coal-fired power plant in the United States
New analysis shows that renewables beat existing coal plants 99 percent of the time, thanks to long-term trends and an assist from the Inflation Reduction Act. This article originally appeared on Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment. It is republished with permission. Sign up for their…