The US and China have announced a 90 day ‘pause’ on their huge reciprocal tariffs while they continue negotiations, with the effective tariff on BESS more than halving to around 60%.
More product announcement news from last week’s ees Europe trade show and expo in Munich, Germany, with Sunwoda, Hithium, Rept, Canadian Solar, Sungrow and Aeson Power revealing new BESS solutions.
Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
US non-lithium battery technology companies Eos Energy Enterprises and Unigrid have announced partnerships to deploy their tech abroad, striking deals in the UK and India respectively.
Mining consortium Kamoa Copper and IPP CrossBoundary Energy have agreed a PPA providing baseload renewable energy for one of the largest copper mines globally, in the Democratic Republic of the Congo (DRC).
Donald Trump has announced his sweeping ‘Liberation Day’ global tariffs, with another new China tariff resulting in an effective doubling of the price of batteries and BESS imported from there to the US.