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Energy Storage News•6 months ago

•Redwood Energy secured $425M in Series E funding, backed by Google, to significantly expand its US battery recycling operations and energy storage division.
•This investment strengthens the domestic battery supply chain, potentially stabilizing future battery material costs and reducing reliance on foreign sources for energy storage projects.
•Increased domestic recycling capacity supports compliance with IRA domestic content requirements for battery components, offering a more sustainable and secure source of materials for developers and large power consumers deploying storage.

storage

Energy Storage News•6 months ago

•China's cumulative new energy storage capacity, primarily lithium-ion, reached 144.7 GW by end of 2025, marking an 85% year-on-year increase.
•This record-breaking deployment rate in China suggests a rapidly maturing global storage market, potentially driving down technology costs and improving supply chain reliability.
•The sheer scale of Chinese storage expansion will likely influence global battery supply, pricing, and manufacturing trends, directly impacting project economics for developers and IPPs.

storage

CleanTechnica

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