On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’
As battery energy storage systems (BESS) and electric vehicle (EV) infrastructure expand in the US and Europe, a clear contrast is becoming evident in their market growth.
Hanjung America, a subsidiary of South Korea-based battery manufacturer Hanjung NCS, will build its first US energy storage system (ESS) manufacturing facility in Huntington, Indiana, US.
Energy-Storage.news Premium speaks with Claire McConnell, VP business development for Redwood Materials’ energy storage business, Redwood Energy, about its recent backing from Google and Nvidia, and what it has planned next.
LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.