Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.
Viridi Parente has acquired the former Moxion Power production facility in Richmond, California, US, and secured a US$9.3 million grant from the California Energy Commission (CEC).
Progress on BESS projects in Saudi Arabia and Chile totalling a combined 16GWh of energy storage capacity using Sungrow and BYD batteries has been revealed by the projects’ owners.
US non-lithium battery technology companies Eos Energy Enterprises and Unigrid have announced partnerships to deploy their tech abroad, striking deals in the UK and India respectively.
