The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.

Tesla reported company-high energy storage deployments and revenue growth in 2025 but expects “low-cost competition” and policy factors to affect margins this year.

Jeff Zwijack, associate director of energy storage at Clean Energy Associates, writes that BESS projects depend on the reliability of fully integrated systems, not just high-quality battery cells.

Two energy storage topics appeared to come up in conversation more than any other at the first day of RE+: US domestic content and the race for energy density increases.

Perhaps best known outside the US for peaches and its emergence as a rival to Hollywood, Georgia is also thirsty for electric capacity and has become a hub for battery manufacturing, writes Allan Oduor of Enertis Applus+.

Two companies, First Phosphate and LG Energy Solution have recently begun manufacturing lithium iron phosphate (LFP) battery cells in North America.

The question of where the cells in a BESS are from ties in to safety, performance, design and, increasingly, potential tariffs.

Charlotte Gisbourne, market analyst at PV Tech Research discusses trends and movements in the Q1 2025 edition of the EnergyStorageTech Bankability Ratings report.

The CEO and founder of KORE Power has resigned, while the vertically integrated battery storage startup has put its Arizona factory site up for sale.

“This solution is fully bankable and financeable in the States,” says Terry Chen, VP of Trina Solar North America.