Flow battery energy storage manufacturer ESS Inc. could achieve profitability “in the next few years,” if its new product is a success, the company’s CFO has said.
In a contrasting double-header of news for the US energy storage ecosystem, Our Next Energy (ONE) has launched US-made cells, modules and BMS while BESS manufacturer American Energy Storage Innovations (AESI) is winding down its business.
The battery storage arm of Canadian Solar expects to make between 7GWh and 9GWh of shipments this year, with the final figure dependent on trade policy developments.
What does the 90-day reduction in US-China tariffs mean for the BESS industry? We hear from industry analysts while also discussing the topic with CATL and fellow China-based battery OEM Rept Battero.
Uncertainty over trade tariffs has caused Fluence to lower its revenue and EBITDA guidance, although CEO Julian Nebreda said the company is “optimistic about the future of energy storage.”