California governor Gavin Newsom has outlined how the state will reach 100% decarbonisation by 2045, in a policy update which put energy storage front-and-centre in enabling 24/7 clean power.
Mobile battery energy storage system (BESS) firm Moxion has announced plans to build a manufacturing plant in California with 7GWh of production capacity, in a launch ceremony attended by the state governor.
Groundbreaking has taken place in West Virginia, US, for the factory where startup Form Energy will be mass producing batteries for long-duration energy storage (LDES) applications.
Some 710MW of battery storage came online in the US in the first three months of the year, of which around 70% was in the ERCOT, Texas market, S&P Global said.
Lithium carbonate prices have started to creep back up again after coming down from 2022’s extreme highs, but the long-term outlook is one of downwards prices, research firm Fastmarkets said.