The world’s largest lithium-ion battery company CATL has completed its secondary listing on the Hong Kong Stock Exchange (HKEX), raising US$4.5 billion.
What does the 90-day reduction in US-China tariffs mean for the BESS industry? We hear from industry analysts while also discussing the topic with CATL and fellow China-based battery OEM Rept Battero.
CATL has launched a 9MWh grid-scale BESS product which comprises two smaller units stacked on top of each other, which it said gets around weight challenges for transportation.
Independent power producer (IPP) RWE has commissioned a 35MW/41MWh BESS in the Netherlands, while commissioning is progressing on a smaller system with grid-forming capabilities.
A growing industry trend towards larger battery cell sizes and higher energy density containers is contributing significantly to falling battery energy storage system (BESS) costs.
