Lithium-ion OEM Hithium’s failed Hong Kong listing amidst a lawsuit from larger competitor CATL may point to wider industry trends, with an increasingly competitive and larger battery industry meaning ever higher stakes.
Hithium will supply its latest 6.25MWh DC block products to engineering, procurement and construction (EPC) company Solarpro, for projects in Eastern Europe.
Hithium will supply battery storage and SMA the power conversion systems for a 500MWh grid-forming project in Australia for Fotowatio Renewable Ventures (FRV).
Hithium has announced its lithium-ion and sodium-ion battery energy storage system (BESS) for supporting data centres, while Storion Energy has secured its first vanadium electrolyte customer.
It’s still to early to see the financial impact on energy storage suppliers in the wake of Trump’s tariffs and legislation, writes Solar Media analyst Charlotte Gisbourne, analysing their H1 revenues.