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China dominates May global deployments with 11.2GWh, including 1GWh flow battery

June 10, 2025
China continues to dominate BESS deployments globally with 4.3GW/11.2GWh of deployments in May, including a 1GWh flow battery system.
Former US president signing the Inflation Reduction Act into law in 2021, introducing, among other things, a tax credit for standalone energy storage projects. Image: Joe Biden via Twitter (now X)

US energy storage installs to ‘plummet’ with a repeal of Inflation Reduction Act tax credits

June 10, 2025
US energy storage markets could see a “last-minute rush” followed by plummeting installation numbers if tax credit incentives are cut.
Wood Mackenzie's analysis of construction cost changes as a result of tariffs. Image: Wood Mackenzie

US import tariff analysis spells out extent of challenge facing US battery storage industry

June 4, 2025
New analysis from Clean Energy Associates (CEA) and Wood Mackenzie highlights the challenges facing the US battery storage market due to trade tariffs.
Powin's senior lender has appointed Jerry Uzzi as independent manager of the company. Image: Powin

Powin’s ‘significant financial challenge reflective of industry headwinds,’ company says

June 3, 2025
A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.
Hithium founder and president Jeff Wu speaks at the Mesquite factory's inauguration. Image: Hithium.

Hithium, LG ES begin US manufacturing of dedicated battery storage products

June 3, 2025
Hithium has opened a 10GWh battery module and system factory in Texas, while LG Energy Solution has begun mass-producing cells in Michigan.
Rept Battero's CEO & president said the MoU 'marks a significant breakthrough in market synergy between Chinese and South Korean energy storage enterprises'. Image: PRNewsfoto/REPT BATTERO Energy Co., Ltd.

China’s Rept Battero, Korea’s Hyosung Heavy Industries sign 2.5GWh energy storage supply agreement

June 2, 2025
Rept Battero and Hyosung Heavy Industries have agreed to jointly promote energy storage system (ESS) technologies in global markets.
Aerial view of the 15-acre battery yard at Longroad Energy's Sun Streams 3 solar-plus-storage project in Maricopa County, Arizona. Image: Longroad Energy
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Energy storage IPPs reveal impacts of tariffs and tax credit uncertainty: Stockpiles, strategy shifts and price increases

May 29, 2025
Matthew Biss looks at how energy storage companies plan and mitigate tariff and tax credit risks within an uncertain policy landscape.
Senator John Curtis (R), speaks at a press conference at the Utah factory. To his right is Fluence's Americas president, John Zahurancik. Image: Fluence via YouTube.

Republican Senator praises energy tax credits during visit to Fluence factory in Utah

May 29, 2025
Energy tax credits “drive innovation, strengthen our economy, and create real opportunity,” according to US Republican Senator John Curtis.
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China’s largest system integrator HyperStrong on how it will meet the needs of the international market

May 27, 2025
We caught up with China’s largest system integrator HyperStrong’s President of Technology Dr. Guang Yang about how the company is positioning itself for international expansion.  
CATL Hong Kong IPO

CATL raises US$4.5 billion in Hong Kong IPO, ‘deepens integration into global capital markets’

May 22, 2025
The world’s largest lithium-ion battery company CATL has completed its secondary listing on the Hong Kong Stock Exchange (HKEX), raising US$4.5 billion.

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