LG Energy Solution inks estimated $1 bn deal for ESS batteries with Hanwha QCells

A rendition of LG Energy Solution's planned facility in Arizona. Image: LGES

LG Energy Solution Ltd, the world's third-largest battery maker, disclosed it had signed a contract with to supply 4.8 gigawatt-hours (GWh) of energy storage system (ESS) batteries...

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Microsoft AI designs batteries with 70 percent less lithium, identifies 18 new battery materials

Image: Shutterstock

Microsoft has used artificial intelligence to identify promising new battery materials for the US Department of Energy using (DoE). This use of AI enabled the company to come up wi...

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Understanding the US’s massive hydrogen 'battery', coming up in Utah

Screenshot Courtesy: IPAUtah

Power companies in the USA, including oil major Chevron, are readying a massive hydrogen battery in the state of Utah. Two large salt caverns are being emptied – their salt dissolv...

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Form Energy gets $30 mn from California for 100-hour capacity iron-air battery

Image Courtesy: Form Energy

Form Energy has received $30 million from the California Energy Commission (CEC) to build a project capable of discharging energy for 100 hours.  The company will use the mone...

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South Korea announces $29 billion to help its battery companies 'reduce foreign dependence'

South Korea on Wednesday announced plans to provide $29 billion in financing over the next five years to strengthen its battery industry and reduce reliance on foreign nations for ...

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