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LG Energy Solution

Industrial
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industrial
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News Coverage
6 articles
Last: Today
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News Coverage 6

IndustrialToday

Canada funds North America's only cobalt refinery with C$20M commitment

Electra Battery Materials secures definitive Canadian government funding for its Ontario cobalt sulfate refinery, completing a $48M tri-government capital stack and eliminating the continent's last critical minerals processing gap.

EnergyToday

NextEra Bets the Utility on Battery Storage, Not Solar

NextEra Energy Resources signed 1.3 GW of battery storage contracts in Q1 2026 alone, repositioning storage as its primary growth engine ahead of solar through 2032.

Industrial2d ago

EU's Battery Act Forces European Gigafactory Rescue After Northvolt Collapse

The European Commission's Industrial Accelerator Act reshapes battery manufacturing incentives to salvage Europe's EV supply chain after Northvolt's bankruptcy and cascading project cancellations.

Industrial5d ago

UK commits £380M to Tata's Somerset battery gigafactory

Britain formally funds Agratas' 40 GWh battery plant to supply Jaguar Land Rover, signaling a shift from pledges to deployed capital in Europe's race to onshore cell production.

Industrial23d ago

UK Backs Agratas Battery Plant With £380M, Names JLR as Buyer

UK government commits £380 million to Agratas gigafactory in Somerset, with Jaguar Land Rover as anchor customer and 40 GWh annual capacity target, positioning Europe to reduce battery import dependence.

Industrial28d ago

UK Awards £380M to Tata's Battery Arm for Somerset Gigafactory

The UK government committed £380 million ($510M) to Agratas (Tata Group) for a 40 GWh battery gigafactory in Somerset, targeting end-2027 production for anchor customer Jaguar Land Rover — a direct government subsidy bet on European battery independence.

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