Lithium-ion battery OEM CATL’s claim that its latest BESS product has no degradation for the first five years of use has provoked much discussion across the industry, with some sceptical of its merits.

US-based lithium-ion battery and energy storage system (ESS) manufacturing startup KORE Power has launched two new DC Block products.

A multi-year offtake deal and technology partnership between Kore Power and Nidec were among the flurry of deals announced at RE+ last week.

Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.