Marija Maisch
Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
Fluence launches highly-modular 7.5 MWh AC-based BESS platform
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
Tesla’s 2024 energy storage revenue surpasses $10 billion
Records are tumbling for Tesla’s battery energy storage business with revenues growing 67% and deployments surging 114% year-on-year.
SEIA calls for 700 GWh of U.S. energy storage by 2030
The U.S. solar trade body has outlined analysis and policy recommendations for an ambitious energy storage rollout by 2030, including 10 million distributed storage systems.
Incidents similar to Moss Landing battery fire are unlikely but stricter regulations proposed
Battery safety has come a long way since the construction of the 300 MW first phase of Vistra Energy’s Moss Landing Energy Storage Facility in California, which caught fire on January 16. The vast majority of today’s large-scale battery energy storage systems does not have much in common with the affected project deployed in a former turbine hall.
Fire at California’s Moss Landing battery plant triggers evacuation
The cause of the fire has not yet been determined, but an investigation will begin once the fire is extinguished.
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 expected to enter a period of stabilization.
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
Inlyte reports zero loss over 700 cycles for its iron-sodium battery tech
The startup is targeting commercial demonstration projects in 2025 and large-scale U.S. manufacturing by early 2027.
