A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs. 

The IRS has released an amended cost breakdown of BESS to be used for calculating if a product qualifies for domestic content tax credit incentives, with an increase in US suppliers in the coming quarters.

LG Energy Solution is ‘proactively responding to market volatilities’ that have seen the South Korean battery manufacturer’s annual operating profits slide 73.4%.

Speaking with Energy-Storage.news, North American lithium-ion battery recycling specialist Li-Cycle said that battery recycling will help the US become less reliant on foreign imports and “help bolster energy independence and national security.”

Energy-Storage.news proudly presents our sponsored webinar with Trina Storage, ‘From Risk to Resilience: Enhancing Safety in Battery Energy Storage Systems.’

State-owned power producer PGE Group has selected LG Energy Solution to provide the BESS for a 263MW/900MWh project it will build in Poland, for a total of PLN 1.555 billion (US$385 million).

CATL has filed a complaint in a US court against system integrator Powin for alleged non-payment of shipments of battery cells for BESS.

Chinese renewable energy tech company Envision has begun building a factory for wind turbines and energy storage systems (ESS) in Kazakhstan.

Masdar has announced preferred suppliers and contractors for its 5.2GW solar PV and 19GWh battery storage project in Abu Dhabi, United Arab Emirates (UAE).

This edition of news in brief focuses on energy storage technologies that are emerging or on the path to commercialisation.