Australia has installed 380,712 home battery storage systems, representing 10.7GWh of storage capacity, since the introduction of the Cheaper Home Batteries Program last year, Chris Bowen, Australia’s minister for climate change and energy, has disclosed.
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.
LG Energy Solution has entered into a US$4.3 billion supply agreement with Tesla, announced by the US government, while simultaneously upgrading its EV battery plant with GM for ESS cells.
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.
Foreign entity of concern (FEOC) restrictions and the scheduled Section 301 tariff increase to 25% on Chinese-origin battery energy storage systems (BESS) went into effect on 1 January 2026.