US zinc battery and energy storage system maker Eos Energy Enterprises has reported year-on-year revenue growth of 243% from the first half of 2024.

Energy storage developer and system integrator Energy Vault has successfully closed a US$18 million financing for its Cross Trails battery energy storage system (BESS) project in Scurry County, Texas, US.

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

LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.

US battery storage deployments could fall by 29% in 2026 due to ongoing policy uncertainty, according to Wood Mackenzie.

The Republicans’ budget reconciliation bill is starting to take shape, and US clean energy industry figureheads have sounded the alarm at its initial proposals to roll back the IRA’s measures and restrict foreign technologies.

Tariffs announced on ‘Liberation Day’ have already caused battery storage project deals to fall through in the US, Energy-Storage.news has heard.

UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.

EDP Renewables North America has announced a land purchase agreement for the 75MWac, 300MWh Edgeware energy storage project in St. Thomas, Ontario, CA. Meanwhile, SolarBank has announced its first BESS in the province, with construction expected to commence 10 February.

The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rule for the Clean Electricity Investment and Production Tax Credits – also known as the technology-neutral credits.