Browsing: Americas

LG Energy Solution is intensifying its push into battery recycling and repurposing, positioning circular resource systems as a core component of its long-term supply strategy.

The closure of the Strait of Hormuz by Iran, affecting roughly 20 percent of global oil and gas flows and one-third of worldwide fertilizer trade, underscores a shift in the architecture of international economic power.

Canadian Solar has secured a 500 MW, 2,493 MWh battery energy storage system agreement through its e-STORAGE division, targeting infrastructure that supports data center reliability and grid resilience.

Tesla and LG Energy Solution (LGES) are expanding their U.S. battery manufacturing footprint with a $4.3 billion lithium-iron phosphate (LFP) prismatic cell facility in Lansing, Michigan, aimed at supporting Tesla’s Megapack 3 energy storage systems.

SK Innovation’s battery unit, SK On, is actively negotiating with multiple U.S.-based data center operators and energy developers to supply lithium iron phosphate (LFP) batteries for energy storage systems, aiming to secure at least 10 gigawatt-hours of contracts in 2026.

Samsung SDI has secured an additional battery supply contract worth approximately 1.5 trillion won, about $1.1 billion, for energy storage system batteries in the United States, extending deliveries through 2029.

Canada’s ambitions to become a major exporter of green hydrogen are increasingly intersecting with another fast growing source of electricity demand: data centers.

MAX Power has initiated a financing round aiming to raise between C$4 million and C$20 million to accelerate development of its Saskatchewan natural hydrogen assets.

Flexible plastic packaging is projected to remain a major environmental challenge, with the Ellen MacArthur Foundation estimating 20 trillion items could enter oceans over the next 15 years. In response, the foundation’s latest report provides a structured framework for paper-based alternatives, aiming to ensure these solutions deliver genuine environmental benefits and support a circular economy.

Electric vehicle investment has entered a costly correction phase. According to industry analysis from Automotive Manufacturing Solutions, automakers and suppliers have already absorbed roughly $60 billion in losses as electric vehicle production volumes fall short of earlier projections.