Ford announces plans to invest $3.5 billion in a lithium-ion battery plant in Marshall, Michigan. This new initiative will help Ford diversify its battery offerings and meet its goal of producing two million electric vehicles by the end of 2026.

Available Power and Linxon announce a strategic partnership to expand the North American energy storage market. This partnership will increase the installed battery capacity by 37% and provide distribution-connected battery systems of 10 MW / 20 MWh each.

Sayona successfully announces the start of processing operations at the North American Lithium Complex, positioning Quebec as the leading hard rock lithium producer in North America. The company is on track to resume lithium production as early as March 2023.

X-ELIO has launched its first large-scale battery energy storage project (BESS) in the United States. The 60 MW BESS project will be built in conjunction with the 72 MW Liberty1 solar plant and will provide a reliable and cost-effective means of storing renewable energy.

After receiving the building permit, MerusPower was commissioned by TaaleriEnergia to develop and deliver a 30 MW/36 MWh battery energy storage system in Lempäälä, Finland, to support the operation of the power grid. This ambitious project is financed by a total investment estimated at approximately 20 million euros.

Coya, a solar power plant in Chile, will host a battery energy storage system developed by Engie.

In India, E2S Power and India Power Corporation Limited (IPCL) sign an agreement for a pilot thermal energy storage unit.

Neoen is supplying TVO, the nuclear operator, with a Yllikkälä Power Reserve battery to ensure the stability of the Finnish electricity network.

The finalization of the FREYR Battery and Nidec Corporation joint venture is taking shape. The two companies combine their expertise and skills under the name Nidec Energy AS.

ISB provides a €36.7 million loan to PBT's German subsidiary for the production of environmentally friendly battery materials.