China-based, energy storage-focused lithium-ion battery manufacturer Hithium has raised US$621 million from private investors.

The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.

The energy storage arm of PV module giant Canadian Solar will supply 363MWh of its battery energy storage systems (BESS) to developer Aypa Power for a project in Texas.

BESS projects in the US need to be 40% US-made to qualify for the ITC domestic content adder, rising to 55% from 2027 onwards, the IRS has said.

Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.

The inaugural Energy Storage Awards: recognising excellence, hard work and innovation in the European industry.

Green Investment Group (GIG) and Shell Energy have announced a 200MW/400MWh battery storage project in Victoria, Australia.

Wärtsilä’s battery energy storage system (BESS) product Gridsolv Quantum has achieved the “best possible outcome” in UL9540A testing.

The government of Queensland has said keeping energy sector in public ownership will be key to an orderly transition away from fossil fuels.

Developer PowerField’s first large-scale battery storage projects in the Netherlands will be installed at solar PV parks, allowing them to connect to an otherwise congested grid network.