Lithium-sulfur battery and supermaterials firm Lyten is seeking a US$650 million loan from the US import-export bank EXIM to scale up manufacturing and meet BESS orders from the Caribbean region.
State-owned EPC firm China Power Construction Group (Power China) recently concluded a 16GWh BESS supply tender, which resulted in extremely low prices amidst a squeezing of market share and increased buying power from state-owned companies, an S&P analyst told Energy-Storage.news.
Lightsource bp has selected Hithium as the supplier of battery storage technology for a 222MW/640MWh solar co-located project in Queensland, Australia.
Lithium-ion battery storage system integrator Fluence and iron-air battery startup Form Energy have completed fire safety and explosion testing of energy storage technologies.
Vanadium flow batteries could be a workable alternative to lithium-ion for a growing number of grid-scale energy storage use cases, say Matt Harper and Joe Worthington from Invinity Energy Systems.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.
Clean energy loan and grant activity from the US Department of Energy (DOE) and its Loan Programs Office (LPO) has soared around the election of Donald Trump, analysis by Energy-Storage.news shows, with officials reportedly keen to get deals over the line before the new administration comes in.
