The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.
Pinal County’s Eleven Mile Solar System has come online featuring one of the largest battery energy storage systems built in a single phase in the U.S. All battery enclosures for the project were delivered by Fluence.
While the San Diego County Board of Supervisors had unanimously rejected a proposed moratorium on battery energy storage systems (BESS) only a month ago, Escondido has now officially passed an interim urgency ordinance prohibiting new commercial BESS developments within the city.
The U.S.-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
The analysis from Taipei-based intelligence provider TrendForce finds that the average price for lithium iron phosphate (LFP) energy storage system cells continued to slide in August, reaching CNY 0.35/Wh ($0.049/Wh). Meanwhile, demand for large capacity cells continued to grow at a steady pace.
The U.S. Department of Interior has given the green light to Nevada’s largest solar+storage development, the Libra Solar Project. It has also opened a comment period for the Bonanza Solar Project, which features a 195 MW/780 MWh battery storage system.
The U.S. Department of Energy’s (DOE) new Programa de Comunidades Resilientes will fund solar and battery storage facilities across Puerto Rico serving low- and moderate-income communities.
The U.S. Department of Energy’s (DOE) new Programa de Comunidades Resilientes will fund solar and battery storage facilities across Puerto Rico serving low- and moderate-income communities.
Three years after acquiring U.S.-based Cuberg, Swedish battery maker Northvolt has decided to shut down the California unit and move future lithium-metal battery R&D to Sweden.
After filing for Chapter 11 bankruptcy protection, the calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
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