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.

Waratah Super Battery developer Akaysha Energy has put the first phase of its Ulinda Park BESS project into operation in Queensland, Australia.

Results of an auction to procure large-scale energy storage to support the electric grid in South Korea will be announced in February.

System integrator Guoxia Technology has obtained approval for its main board listing on the Hong Kong Stock Exchange.

A 100MW/400MWh BESS, the biggest project of its kind by output in Southeast Asia, has been welcomed into operation in Sabah, Malaysia.

Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.

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.

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