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Presentation of the company's targets and plan at Auto Shanghai, 2023. Image: PRNewsfoto/Contemporary Amperex Technology Co., Limited.

World’s biggest battery manufacturer CATL targets carbon neutrality across all operations by 2035

April 20, 2023
CATL has committed to a carbon neutrality plan, identifying five ‘key links’ in its value chain to implement emissions reduction measures.
Tesla megapack shanghai Lin-gang Special Area Administration agreement 40gwh

Tesla chooses Shanghai for next Megapack factory; targets 40GWh production

April 11, 2023
Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.
crimson largest biggest energy storage 2022 recurrent energy canadian solar tolling

Canadian Solar doubles storage shipments in 2022 but expects just c.5% growth in 2023 ‘transition year’

March 23, 2023
Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.
Edison Power and Gotion executives sign the deal. Image: Gotion High-Tech.

Gotion enters Japanese large-scale battery storage market with Edison Power agreement

March 20, 2023
Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.
ENERGY VAULT evrc energy storage

Energy Vault posts US$146 million revenues in 2022, expects 2-3x that in 2023

March 8, 2023
Energy Vault has confirmed its increased guidance for 2022, posting US$146 million in revenue of which two-thirds came in Q4.
GE Hydro Solutions turbines at the Jinzhai project. Image: GE Renewable Energy.

1.2GW pumped hydro plant in China reaches commercial operation

February 2, 2023
GE Hydro Solutions has installed the final of four 300MW turbines at a pumped hydro energy storage plant in Anhui Province, China.
energy vault

Energy Vault says 2022 revenue will be 40-100% higher than previous guidance

January 24, 2023
Energy Vault is expecting full-year revenue for 2022 of US$142-152 million, ahead of previous guidance of US$75-100 million.
crimson largest biggest energy storage 2022 recurrent energy canadian solar tolling

Biggest projects, financing and offtake deals in the energy storage sector in 2022 (so far)

December 27, 2022
A roundup of the biggest projects, financing and offtake deals in the sector that Energy-Storage.news has reported on this year.
A 200MW/400MWh LFP BESS project in China, where lower battery prices continue to be found. Image: Hithium Energy Storage.

Hithium LFP cells used in China’s ‘largest standalone battery storage project’

December 22, 2022
A 200MW/400MWh BESS has gone live in Ningxia, China, equipped with Hithium lithium iron phosphate (LFP) cells.
GE Hydro Solutions turbines at the Jinzhai project. Image: GE Renewable Energy.

GE Renewable Energy installs first turbines at 1.2GW China pumped hydro plant

December 14, 2022
The hydropower subsidiary of General Electric’s renewables business has installed first pair of 300MW turbines at pumped hydro site in China.

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Evyon and Elywhere merge second life BESS and EV charging businesses

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‘It’s clearly for pumped hydro’: UK BESS owner-operators turn against LDES cap and floor

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Ontario BESS developers with IESO contracts face local opposition

New York: Battery storage projects face local opposition in Staten Island, Long Island

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