Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.

D.E. Shaw Renewable Investments (DESRI) has started construction at a 150MW solar-plus-storage project in the US state of New Mexico, the BESS for which will be manufactured in the US by LG Energy Solution.

Contemporary Amperex Technology Ltd (CATL) has signed a framework supply agreement for a project to export renewable energy from Indonesia to Singapore.

US energy storage projects that begin construction by the end of 2033 will remain eligible for investment tax credit (ITC) incentives.

A financial advisor has been appointed to manage US energy storage system integrator Powin, with the company “navigating a period of significant financial challenge”.

Matthew Biss looks at how energy storage companies plan and mitigate tariff and tax credit risks within an uncertain policy landscape.

Fluence has taken a step forward in its strategy to “fully onshore production, as quickly as possible,” opening a new factory in the US.

In a contrasting double-header of news for the US energy storage ecosystem, Our Next Energy (ONE) has launched US-made cells, modules and BMS while BESS manufacturer American Energy Storage Innovations (AESI) is winding down its business.

Uncertainty over trade tariffs has caused Fluence to lower its revenue and EBITDA guidance, although CEO Julian Nebreda said the company is “optimistic about the future of energy storage.”

As electrical energy storage Europe (ees Europe) winds down for another year, here are some notable announcements made at and coinciding with the event.