Vertically integrated energy storage company Kore Power will replace the batteries in a battery energy storage system (BESS) originally turned online with BYD batteries in 2015.

Manufacturers should make bi-directional charging possible to allow batteries to be used as stationary energy storage, according to Senator.

The president of Chile has proposed boosting state control over its lithium reserves, sending the share prices of companies involved in the extraction industry tumbling.

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.

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

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.

DOE has opened a funding opportunity for work to address gaps or weaknesses in manufacturing of solid-state and flow battery technologies.

There has been US$150 billion of announced investments into the US’ upstream and downstream clean energy industry since the Act was passed, according to American Clean Power (ACP).

There is a long way to go before the new standalone storage investment tax credit (ITC) starts to really make a dent in the market, speakers and delegates at the Energy Storage Summit USA last month said.

Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.