LFP batteries from CATL and Narada are among those ranked highest performance for stationary energy storage in DNV’s new ‘Battery Scorecard’.

KORE Power will provide batteries for a 20MWh battery storage project under development between ABB and UK green energy supplier Ecotricity.

President Joe Biden’s recent invocation of the Defense Production Act of 1950 could help solve supply chain issues, but only over the longer term. 

Northvolt intends to build its third gigafactory in Schleswig-Holstein, Germany.

Energy storage system integrators are diversifying their procurement strategies to ease supply chain constraints.

LG Energy Solution, the battery technology arm of South Korea’s LG Group, has completed its acquisition of 100% ownership in battery energy storage system (BESS) integrator NEC ES.

Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.

BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.

Swiss energy storage firm Leclanché has landed a new financing package from a US equity fund to help fuel its expansion.

The new mission focuses on local manufacturing across the whole supply chain for electric vehicles (EV) including battery and cell manufacturing while also supporting clean energy and storage uptake.