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Andy Colthorpe

Wood Mackenzie's analysis of construction cost changes as a result of tariffs. Image: Wood Mackenzie

US import tariff analysis spells out extent of challenge facing US battery storage industry

June 4, 2025
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
DTEK contracted Fluence as BESS system integrator and technology provider for its 200MW first phase of BESS projects. Image: DTEK.

Ukraine’s state savings bank leads financing for 180MW of battery storage

June 4, 2025
A consortium of lenders, including state-owned bank Oschadbank, has agreed to Ukraine’s biggest financing for battery energy storage system (BESS) projects to date.
Blackhillock BESS Zenobe Scotland UK

Unlocking BESS revenues in Europe’s key markets

June 4, 2025
Rachel Locquet of Clean Horizon explores dynamics shaping Europe’s main markets and how to make the best decisions for maximising revenues.
Powin's senior lender has appointed Jerry Uzzi as independent manager of the company. Image: Powin

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

June 3, 2025
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.
Hithium founder and president Jeff Wu speaks at the Mesquite factory's inauguration. Image: Hithium.

Hithium, LG ES begin US manufacturing of dedicated battery storage products

June 3, 2025
Hithium has opened a 10GWh battery module and system factory in Texas, while LG Energy Solution has begun mass-producing cells in Michigan.
Eleqtis' Battery Park Zeewolde is currently under construction. The company has just ordered BESS equipment and services for a second project in the municipality from technology provider Rolls Royce. Image: Rolls Royce.

Netherlands: Giga Storage begins construction on 1.2GWh standalone BESS

June 3, 2025
Battery energy storage system (BESS) developer Giga Storage has closed financing on a 300MW/1,200MWh project in the Netherlands.
Rendering of Powin's recently launched Pod Max solution, which features 6.26MWh storage capacity in a 20-foot container. Image: Powin

Powin could cease operations by end of July if ‘present business circumstances do not improve’

June 2, 2025
Battery energy storage system (BESS) integrator and technology provider Powin is at risk of shutting down its business within weeks.
Rept Battero's CEO & president said the MoU 'marks a significant breakthrough in market synergy between Chinese and South Korean energy storage enterprises'. Image: PRNewsfoto/REPT BATTERO Energy Co., Ltd.

China’s Rept Battero, Korea’s Hyosung Heavy Industries sign 2.5GWh energy storage supply agreement

June 2, 2025
Rept Battero and Hyosung Heavy Industries have agreed to jointly promote energy storage system (ESS) technologies in global markets.
Sumitomo Electric's 4.5-hour duration flow battery system in Minamikyushu City, Japan. Image: Sumitomo Electric

Sumitomo Electric deploys first vanadium flow battery for a community microgrid in Japan

May 30, 2025
Sumitomo Electric has inaugurated a vanadium redox flow battery (VRFB) system at a community solar microgrid in southern Japan.
Senator John Curtis (R), speaks at a press conference at the Utah factory. To his right is Fluence's Americas president, John Zahurancik. Image: Fluence via YouTube.

Republican Senator praises energy tax credits during visit to Fluence factory in Utah

May 29, 2025
Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.

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Viridi claims its BESS products meet the One Big Beautiful Bill’s FEOC requirements

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