LG Chem’s energy storage and battery division’s $10.7 billion initial public offering received a staggering response from institutional investors, Reuters has reported.

Researchers from Tokyo Tech, AIST, and Yamagata University have demonstrated drastic reduction of resistance at the interface between the positive electrode and solid electrolyte of an all-solid-state lithium battery is achievable by annealing the entire battery cell.

Korea Zinc, non-ferrous metal smelting company, has agreed to invest $50 million in Energy Vault, a Switzerland-based gravity storage specialist, in order to use its tech to decarbonize its refining and smelting operations in Australia.

Researchers in the UK have developed a novel controllable unidirectional ice-templating strategy to fabricate new carbon electrode materials which can boost the performances of sodium and potassium-ion batteries.

Finland-headquartered Sumitomo SHI FW has entered a collaboration with China’s Shanghai Power Equipment Research Institute to evaluate the feasibility of long-duration energy storage using liquefied air energy storage technology.

Researchers have discovered that large-scale PV arrays could enhance the voltage stability of northern Nigeria’s electricity grid.

Filipino conglomerate San Miguel Corp aims to complete 1GW of battery storage projects this year to make way for the integration of some 3GW of intermittent renewable energy generation.

Researchers at Stanford University and the US Department of Energy’s SLAC National Accelerator Laboratory have explored the potential recovery of lost capacity in lithium batteries by using an extremely fast discharging step to reconnect an island of inactive lithium with the anode. Adding this extra step slowed the degradation of their test battery and increased its lifespan by nearly 30%.

Serbia is responding to European pressure to accelerate its energy transition to cleaner fuels by allocating €12 billion for wind, PV and hydropower facilities over the next two years. Thus far, there has been little in the way of development in the country, but some regulatory frameworks have been improved.

Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (US$135 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry.