Lithium-ion OEM Hithium has unveiled a new, even larger format 1,300Ah battery cell for 8-hour BESS applications, alongside new related BESS products.

Global average prices for turnkey battery storage systems fell by almost a third year-over-year, with sharp cost declines expected to continue.

A total of around 4.9GW/14GWh of grid-scale BESS entered commercial operations around the world last month, a 29% fall year-on-year owing to an unusually slow month in China.

A new battery energy storage system (BESS) cybersecurity whitepaper from consultancy firm The Brattle Group and cybersecurity solutions provider Dragos claims that a single 100MW/400MWh BESS outage could result in US$1.2 million in monthly losses.

South Korea’s Samsung SDI has signed its first US lithium iron phosphate (LFP) cell deal, while Chinese integrator Trina Storage has expanded an existing supply partnership.

NextEra Energy Resources and Meta have signed 11 power purchase agreements and two energy storage agreements totalling 2.5GW.

Clearway Energy Group has negotiated tolling agreements with SDG&E for one of its solar and storage complexes in Kern County, California.

Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.

In this Energy-Storage.news roundup, Energy Vault enters the Swiss energy storage market, ZincFive raises Series F financing, and Convergent Energy and Power secures a multimillion-dollar facility provided by NY Green Bank.

Supervisors in Maricopa County, Arizona, have approved a 100MW/400MWh battery storage project from National Renewable Solutions (NRS).