Lyten’s deal to acquire and recommence operations of European battery firm Northvolt out of bankruptcy has winners and losers, but some of the challenges that led to its demise have already been solved.
US-based lithium sulfur battery firm Lyten has now acquired nearly all of the assets of failed European lithium-ion battery startup Northvolt, with this deal to buy its gigafactories in Sweden and Germany and all IP.
The annual capacity of battery cell manufacturing for ESS in the US looks set to reach 50GWh by the end of next year, based on recent company announcements.
Sodium-ion battery energy storage system (BESS) startup Peak Energy has launched and shipped its first sodium-ion BESS to be deployed in a shared pilot with nine utility and independent power producers (IPPs).
Energy-Storage.news proudly presents our sponsored webinar with Clean Energy Associates (CEA), on the implications of the US budget reconciliation bill, HR1, for energy storage.
Perhaps best known outside the US for peaches and its emergence as a rival to Hollywood, Georgia is also thirsty for electric capacity and has become a hub for battery manufacturing, writes Allan Oduor of Enertis Applus+.
As the BESS industry matures, the trend towards a closening relationship between OEMs and project owners looks set to continue, but system integrators will continue to have a role to play.
