Viridi Parente delivers safe battery technology for these point-of-use applications. In New York, 66% of the state's greenhouse gas emissions are attributed to transportation and buildings. "Creating a circular supply chain is a critical step in bringing battery systems to the point-of-use – to buildings and mobile applications – which is an important part of meeting the state's and our nation's key climate initiatives," Williams said. This minimizes the overall environmental footprint of the end-to-end resources recovery process and reduces the intensity of greenhouse gas emissions that would otherwise be produced from mining these finite resources.
The "black mass" is processed through a hydrometallurgical circuit to produce critical, battery grade-materials that can be returned to the economy. The zero-waste process converts manufacturing scrap and end-of-life batteries into intermediate products, including "black mass," a powder substance containing cobalt, nickel, lithium, and other valuable elements. Li-Cycle recovers up to 95% of the materials found in lithium-ion batteries through its patented, Spoke & Hub Technologies™. Traditionally, the battery recycling process involves a smelting process that results in high emissions and recovery of less than 50% of the materials. Li-Cycle has the capacity to process up to 10,000 tons of spent lithium-ion batteries per year, and Viridi Parente plans to recycle 100% of its end-of-life cells.
Williams, CEO of Viridi Parente.Īs of 2019, just over half of the global 180,000 metric tons of lithium-ion batteries available for recycling were recycled. Together with Li-Cycle, Viridi is becoming part of the solution to the global end-of-life lithium-ion battery issue," said Jon M. "It was important to us to find a recycling partner that shares our vision of growing the green economy through innovation and by minimizing the overall environmental footprint of electrification solutions. By recycling 100% of its end-of-life cells, Viridi Parente is expanding the company's commitment to energy sustainability and the circular energy economy by enabling the wider adoption of safe lithium-ion batteries for industrial, commercial, municipal, medical, and residential use. BUFFALO, New York – Viridi Parente, Inc., a developer of innovative battery technology that can be safely installed and operated in nearly any environment or location, today announced it has shipped its initial batch of lithium-ion batteries to Li-Cycle Corp., an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America.
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