China-headquartered energy storage firm Gotion and US power electronics manufacturer Richardson Electronics have partnered to manufacture BESS. It comes at a time when Chinese companies are starting to sell down stakes in US assets amid new FEOC rules.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
South Korean-owned company Qcells, part of the Hanwha Group, has introduced its first domestically assembled residential battery energy storage system (BESS) to the US market.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
Leading European BESS owner-operators discuss the roles of subsidy schemes, contract revenues and merchant approaches in helping the continent build out its BESS pipeline.