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China is home to most of the world's biggest manufacturers, like CATL (pictured) as well as having a controlling hand in much of the global raw materials and processing capacity. Image: CATL

BloombergNEF: China dominates global battery supply chain again with followers in flux

November 15, 2022
China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux.
china compressed air

Construction starts on 1.4GWh compressed air energy storage unit in China

October 26, 2022
Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.
Reported and projected cumulative global installations by region. with 'RoW' representing the 'Rest of the World' and 'Buffer' markets and use cases for which there is low visibility, BloombergNEF noted. Image: BloombergNEF

US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts

October 14, 2022
Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.
Part of the inland Salton Sea in California's prospective 'Lithium Valley'. Image: Imperial County Board.

Bridging the gap between battery supply and energy storage demand

October 6, 2022
The mismatch between supply and demand for lithium batteries presents a challenge to the global transition to sustainable energy.
weview vizn zinc-iron flow battery energy storage system

China zinc-iron flow battery company WeView raises US$57 million

September 22, 2022
Shanghai-based WeView has raised US$56.5 million in several rounds of financing to commercialise the zinc-iron flow battery energy storage systems technology originally developed by ViZn Energy Systems.

Energy Vault gets 2GWh mandate for gravity energy storage solution at industrial parks in China

September 20, 2022
Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.
EVs and ESS use different types of battery but ultimately compete for many of the same raw materials. Image: Sigma Lithium.

Competition for battery cells between EV and energy storage sectors to ease from 2024, CEA says  

August 25, 2022
The construction of battery cell factories catering specifically for stationary energy storage means competition for supply with the EV sector will cool off in the next couple of years.

Energy Vault claims US$680 million revenue over 2022/23

August 8, 2022
Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.
Detail of cell stacks at the completed demonstration system at VRB Energy's project in Hubei Province. Image: VRB Energy.

First phase of 800MWh world biggest flow battery commissioned in China

July 21, 2022
Commissioning has taken place of a 100MW/400MWh vanadium redox flow battery (VRFB) energy storage system in Dalian, China.
china compressed air

China’s compressed air energy storage industry makes progress

June 1, 2022
A 300MWh compressed air energy storage system capacity has been connected to the grid in Jiangsu, China.

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