Invinity Energy Systems believes partnering with a Chinese materials and manufacturing company will enable significant cost reduction of its vanadium redox flow battery (VRFB) technology.
June 2025 saw a total of 7.96GW/22.17GWh of grid-scale BESS enter commercial operations across 109 projects, with over half of that being in China, while the overall first half of the year saw substantial growth.
Documents filed with the Hawaiian Public Utilities Commission (PUC) have revealed the impacts of additional import tariffs to a Hawaiian Electric Company (HECO) battery storage project.
Competition from Chinese manufacturers put Powin on a tricky footing, even before industry headwinds dealt the company what appears to have been a lethal blow.