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With Southeast Asia's energy demand growing faster than bamboo shoots in rainy season (about 6% annually), Laos aims to become the "Battery of Asia. " But here's the kicker – even batteries need batteries! This $2. 1 billion initiative combines cutting-edge tech with Lao . . As Laos accelerates its renewable energy transition, the need for sustainable new energy storage battery recycling solutions has never been more urgent [10]. Who's Reading This? Let's Get Personal While Laos might seem like an underdog in the energy storage game, it's quietly becoming a testbed for. . A processing facility GLC Recycle operates in Laos can treat more than 22,000 metric tons of black mass, and the firm says it is taking steps to double that capacity by the end of 2024. Earlier this month, GLC signed an agreement to supply China-based battery producer XTC New Energy with 10,000. . teries from stationary energy storag 128 GWh by 2030 -- from a mere 2 GWh in 2023. This is undoubtedly spurred on by an over 200% year-on-year gr wth in EV sales since the end of the pandemic.
