Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.

The US battery storage market is in a rapid growth phase and becoming increasingly competitive, creating an increasing need for sophisticated technologies and a deeper understanding of markets.

We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.

Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.

A tender for the provision of BESS technology for a ‘decentralised grid booster’ deployment has been launched by Aprion, one of the four major transmission system operators (TSO) in Germany.

HyperStrong, a global leader in providing energy storage solutions, launched its smart, reliable and innovative products into the US market in 2023.

Energy-Storage.news hears from the CEO of American Energy Storage Innovations (AESI), about its BESS technology, battery cell strategy, manufacturing in East Asia and the “shocking” price of manufacturing in the US and buying US-made cells.

SolarEdge interim CEO Ronen Faier has spoken about the closure of the company’s utility-scale battery storage manufacturing business.

SolarEdge has closed its utility-scale battery storage division, resulting in a layoff of roughly 12% of its total workforce.

A resolution aimed at rescinding access to the 45X manufacturing tax credit for companies with links to ‘adversarial foreign governments’, primarily China, has been submitted in the US House of Representatives.