Hyperstrong, the largest BESS system integrator in China, is targeting the US energy storage market after becoming one of the largest providers globally.
The BESS ‘land grab’ looks set to continue as Tier 2 companies vie for market share before countries potentially curb imports from China, with one developer suggesting the recent CATL-Duke Energy case will “not be unique”.
The COO of one of the few energy-storage focused lithium-ion gigafactory companies in Europe, Morrow Batteries, talked to Energy-Storage.news about the firm’s go-to-market strategy and what the future holds for Europe’s gigafactory space.
System integrator Powin is working on a new grid-scale BESS product to compete with increasingly competitive product from China, senior VP Danny Lu told us, while also discussing its Waratah project in Australia and fire safety.
Energy Vault has connected its first commercial EVx gravity-based energy storage system to the grid in China, while construction has been launched on three others, all-in-all totalling 468MWh of capacity.
Sungrow tells Energy-Storage.news that it does not currently have plans to launch its own lithium-ion battery cell production for battery energy storage system (BESS) products, a route being taken by other China-based system integrators.
Turkey-headquartered lithium-ion and energy storage manufacturer Kontrolmatik Technologies will deploy a 1GWh energy storage project on home soil with financing provided by Chinese energy firm Harbin Electric.
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero.
