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.

A large battery energy storage system (BESS) project in Hubei, China, using sodium-ion technology is set to be completed this year.

Turkey and India’s policies towards battery imports and domestic production, astonishment at China’s 2023 deployment figures and sifting through some ‘bragawatt-hour’ claims in this week’s Friday Briefing.

BloombergNEF has launched its Energy Storage Tier 1 list of providers, noting growth in new players from the China market.

China-headquartered energy storage system integrator and manufacturer CL Energy Storage Corporation (CLOU) has won an order in the US for “approximately” 480MWh of battery storage equipment.  

Analysis firm EnergyTrend has forecast that a “surge” in global large-scale energy storage system deployments is likely in 2024.

The ten most-read news stories on Energy-Storage.news in 2023, another fascinating year of technologies, markets, regulation and policy.

Battery storage equipment manufactured by CATL and recently installed at a US Marine Corps facility has been disconnected after the raising of security concerns about the China-headquartered maker.

China-based lithium-ion battery manufacturer Hithium has agreed to supply 1GWh of products to US energy storage project developer Perfect Power through a memorandum of understanding (MOU).