Australia-based battery technology firm Altech Batteries has received a binding conditional funding approval for a sodium-chloride solid-state battery manufacturing facility in Germany.
Thermal energy storage can make steam for chemical industries and manufacturing economically viable, writes Martin Schichtel, CEO and Founder of Kraftblock.
Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.
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.