In an effort to drive the country to deploying more energy storage, the Israeli Ministry of Energy and Infrastructure has announced four large-scale battery storage projects.
LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.
Two leading developers of energy storage resources in New York explain what the industry can get excited about as the market develops – and what it should be wary of.