Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.

In this Energy-Storage.news roundup, Energy Vault enters the Swiss energy storage market, ZincFive raises Series F financing, and Convergent Energy and Power secures a multimillion-dollar facility provided by NY Green Bank.

The UK’s National Energy System Operator (NESO) will offer grid connection offers up to 2035 to 283GW of projects following a reform of the process.

Vancouver-based helium and natural gas producer Desert Mountain Energy (DME) has signed a non-binding letter of intent (LOI) to form a joint venture (JV) to build and operate a sodium nickel chloride (SNC) battery manufacturing facility in Roswell, New Mexico. 

Project to integrate electric vehicle fast-chargers into ancillary services markets could be widely replicated, according to ADS-TEC Energy.

Solar Media analyst Charlotte Gisbourne assesses the outlook for the major listed non-lithium battery energy storage technology companies.

Shifting dynamics in the US’ BESS industry could mean that Chinese batteries are not even needed within the foreseeable future, a local consultant told Energy-Storage.news.

Estonia-headquartered high-power energy storage startup Skeleton Technologies officially opened two European production plants in November.

Battery storage products from prominent international providers Sungrow, Wärtsilä and Chint Power have undergone recent fire safety tests.

Nostromo Energy’s IceBrick thermal energy storage (TES) technology will participate in the California Independent System Operator (CAISO) wholesale energy market.