A multi-year offtake deal and technology partnership between Kore Power and Nidec were among the flurry of deals announced at RE+ last week.

Flow battery maker Invinity Energy Systems signed a deal for the newest iteration of its product with Everdura at RE+ in Las Vegas last week.

Geothermal and battery storage firm Ormat Technologies and lithium-ion manufacturer Gotion have agreed a multi-year supply deal totalling up to 750MWh.

Fastmarkets analysts Muthu Krishna and Phoebe O’Hara look at the potential of solid-state and sodium-ion batteries to scale up and ease the pressure on lithium-ion NMC and LFP battery chemistries, which currently dominate the EV and ESS markets.

Saft, arguably one of the pioneers of large-scale battery storage in the US, is putting efforts into regaining a presence in that market.

Flow battery companies at the RE+ 2023 show in Las Vegas offered takes on how their technologies can compete in the evolving energy storage market.

System integrator Wärtsilä has signed an MSA with Eve Energy while peer Powin is targeting 5GWh of US-made BESS equipment in its supply chain by 2025.

Verkor, a company building a lithium-ion gigafactory in France, and system integrator Nidec ASI will together produce up to 10GWh of battery energy storage systems (BESS) to 2030.

Advanced lithium iron phosphate (LFP) cell design and localising production are among chief strategies for differentiation in the US for LG Energy Solution, according to the company’s ESS division head.

China-headquartered lithium-ion battery manufacturer Gotion High-Tech has announced a new US$2 billion gigafactory in Illinois, US, targeting the EV and energy storage system (ESS) markets.