US president Donald Trump has brought in new tariffs on China, Canada and Mexico, which will hit batteries – the kind of move Samsung SDI said could benefit its Korea-based manufacturing.
A few weeks ago, a battery recycling deal was announced for a 640MWh BESS project in Australia, but the project isn’t even built yet and the cells have 25-year warranties – we caught up with the company recycling the batteries to hear more.
Tesla has reported record quarterly and full-year deployment figures for its Megapack and Powerwall battery storage products in its latest financial results.
Utility Rocky Mountain Power (RMP) and technology provider Torus have signed a memorandum of understanding (MOU) outlining a strategic partnership and exploration of 70MW of demand response capacity using Torus’ energy storage solutions.
Developers looking to build new BESS facilities in Canada’s capital will have to adhere to stricter regulations, following the approval of amendments to the city’s planning and zoning laws by Ottawa’s Agriculture and Rural Affairs Committee during a recent meeting (23 January).
The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.
LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.
Energy storage system integrator HyperStrong has concluded an IPO to list its shares on the Shanghai Stock Exchange’s STAR Market for science and technology innovation companies.
Energy storage developer NineDot has announced the closing of a US$65 million equipment financing supporting the purchase of up to 100MW/400MWh of batteries for use in up to 20 battery storage projects across New York City, New York, US.
