Shoring Up Upstream Batteries. The White House announced sweeping support of key upstream battery projects in commodities, mining, manufacturing and recycling for battery technologies. Many of these projects are with established firms that will be crucial for establishing a robust domestic supply chain. With batteries containers weighing 75 thousand pounds plus, the logistics value of domestic sourcing will make all the economic sense. Now the private capital will have to follow suit to accelerate this even further.
- White House: FACT SHEET – Biden-Harris Administration Driving U.S. Battery Manufacturing and Good-Paying Jobs
- Utility Dive: Venture capital interest in solar, energy storage is soaring in the first months post-Inflation Reduction Act
- Bloomberg: US Renewable Power Set to Get More Than 20% Boost From New Climate Law
- New York Times: E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
- Axios: Shell bids for Nature Energy, as biogas deals heat up
- Reuters: U.S. senator to hold EV battery hearing if GOP takes control
- PV-Tech: Pivot Energy gets US$100 million loan to develop solar and storage pipeline
- Energy Storage News: US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts
- Canary Media: Perovskites can make solar panels more efficient than silicon alone
Opinion
Best, Yann