US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.

ElevenEs has opened a lithium iron phosphate (LFP) gigafactory in Serbia, which it claimed is the first in Europe.

Tesla has recorded its highest storage deployments to date in the first quarter of 2023, enabled by ramp up of its factory in California.

Enel Green Power will start building 1.6GW of battery storage projects in Italy this quarter, with the country’s utility-scale market expected to soar in the next three years.

Why recent awards of pre-licensing for large-scale projects in Turkey mean a “very promising market” for energy storage is about to open.

The UK’s battery energy storage market will grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations, energy research firm Rystad Energy said.

UK battery storage developer Field Energy has announced plans to expand into Italy, a market where the utility-scale sector is set to grow substantially from a negligible base today.

Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.

Europe reached 4.5GW of battery storage capacity last year and could hit 95GW by 2050, according to figures from LCP Delta and Aurora Energy Research respectively.

CATL has committed to a carbon neutrality plan, identifying five ‘key links’ in its value chain to implement emissions reduction measures.