lithium-iron phosphate battery storage News
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LG Energy Solution to Invest 5.5 Billion to Build Battery Manufacturing Complex in Arizona
LG Energy Solution this week announced it will invest approximately KRW 7.2 trillion (USD 5.5 billion) to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). It marks the ...
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Biden-Harris Administration Announces Actions to Strengthen Clean Energy Supply Chains
As part of the inaugural meeting of the White House Council on Supply Chain Resilience, the U.S. Department of Energy this week (Nov 27) announced $275 million for seven projects to strengthen clean energy supply chains and accelerate domestic clean energy manufacturing in nine former coal communities across the nation. Each project positions the U.S. to enhance its global competitiveness and ...
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