Reliance New Energy Limited, part of the massive Indian conglomerate, has acquired LFP battery manufacturer Lithium Werks for US$61 million two months after buying a sodium-ion battery producer.
New guidelines for procurement and utilisation of battery energy storage systems (BESS) as assets for generation, transmission and distribution and ancillary services have been published by India’s Ministry of Power.
Lithium-ion battery producer SVOLT has announced an energy storage system (ESS) solution having until now predominantly focused on batteries for the electric vehicle (EV) market.
China’s share of the lithium-ion battery cell production capacity market is set to fall from 75% in 2020 to 66% in 2030, according to Clean Energy Associates in a new report.
Energy-storage.news caught up with executives from two long-duration flow battery energy storage providers, ESS Inc. and Invinity Energy Systems, at the Energy Storage Summit 2022.