Battery manufacturer LG Energy Solution has started construction on its gigafactory in Arizona, US, which will have 17GWh of production dedicated to the energy storage system (ESS) market.
The US government has announced US$4 billion in tax credits for over 100 projects under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.
The BESS ‘land grab’ looks set to continue as Tier 2 companies vie for market share before countries potentially curb imports from China, with one developer suggesting the recent CATL-Duke Energy case will “not be unique”.
Big investments are being made into the battery recycling sector in Europe as the continent looks to increase the domestic supply of critical materials for its lithium-ion gigafactory projects.
Huawei’s flagship Residential Solar ESS product, the LUNA2000-7/14/21-S1(Huawei LUNA S1), represents a significant leap in home energy solutions technology.
The energy storage arm of EV supercar technology firm Rimac has opened its UK innovation and manufacturing facility, where it will build the first units of its SineStack BESS platform.
The “momentum behind energy storage,” leading to its wider adoption across the grid in Europe is becoming increasingly undeniable, Energy-Storage.news Premium has heard.
