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Lithium, Equinor
Standard Lithium and Equinor secure $225 mln U.S. grant to develop Lithium extraction facility
Standard Lithium said on Thursday SWA Lithium, a jointly-owned unit with energy firm Equinor, has closed on a $225 million grant from the U.S. Department of Energy(DoE).
U.S. Government Pledges $225 Mln Grant to Lithium Project
Equinor and Standard Lithium will receive a $225 million grant from the U.S. government to support their lithium project to boost supply of the mineral that is essential for battery production. Equinor and Standard Lithium entered a strategic partnership last year that saw the Norwegian energy major buy a stake in two Standard Lithium-owned lithium companies in southwest Arkansas and east Texas.
Standard Lithium and Equinor Finalize $225 Million Grant from the U.S. Department of Energy for the South West Arkansas Project
Closing of the DOE grant is a testament to the caliber of the South West Arkansas project,” said David Park, CEO and Director of Standard Lithium. “SWA is one of the highest-grade lithium brine projects in North America,
DOE grants $225M to Standard Lithium and Equinor project
LEWISVILLE, Ark. - Standard Lithium Ltd. (TSXV:SLI) (NYSE:A:SLI), currently trading at $1.57 with a market capitalization of $305 million, and energy company Equinor announced the closure of a $225 million grant from the U.
pv-magazine-usa
22h
Where will lithium-ion battery prices go in 2025?
After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are ...
devdiscourse
1d
India's Lithium Leap: Self-reliance through Recycling
India's drive for self-reliance in cell manufacturing hinges on lithium recycling. At the India Battery Manufacturing & ...
11h
on MSN
Recycling of lithium can make India self-reliant: Official
The Ministry of Heavy Industries is developing new policies and incentives to support battery component manufacturing, with ...
GlobalData on MSN
1d
Plenitude finishes construction of 200MW battery storage system in Texas, US
Eni-controlled company Plenitude has completed the construction of a 200MW Guajillo battery energy storage system (BESS) ...
pv magazine International
1d
Indian battery manufacturer opens 1.5 GWh lithium-ion plant for EVs, storage
Neuron Energy has opened a 1.5 GWh lithium-ion battery plant in Chakan, India, to produce batteries for electric vehicles, ...
8d
Embracing the Future of Energy Storage with AI-Driven Technologies
With the increased use of renewable energy sources such as solar and wind, managing the variability of energy production ...
12d
on MSN
Braintree official weighs in on lithium-ion battery storage facility. What was decided
Braintree Electric Light Department awarded the bid to New York-based Convergent to own and operate the batteries in an ...
11d
on MSN
Hot new energy solution meets Texas legislators and regulation
Lithium-ion battery storage is on the rise in Texas, but municipalities and Republican politicians have been trying to ...
4d
Transforming Industrial Waste to Power the Future of Energy Storage
Researchers at Northwestern University have redefined battery technology by converting waste material into an efficient and stable energy storage solution. First Use of Waste in Batteries: Researchers ...
Crude Oil Prices
11d
The Rise of Energy Storage in the Clean Energy Market
Energy storage technologies, from batteries to pumped hydro and hydrogen, are crucial for stabilizing the grid and ensuring ...
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