The construction of battery cell factories catering specifically for stationary energy storage means competition for supply with the EV sector will cool off in the next couple of years.
German home energy storage and virtual power plant (VPP) company sonnen and solar contractor ES Solar are expanding a Utah and Idaho VPP program to include up to 35MWh of residential batteries by the end of the year.
Duke Energy and Agilitas Energy have completed utility-scale battery energy storage system (BESS) deployments in the US states of Florida and Rhode Island, respectively, totalling 14MW of power.
The Inflation Reduction Act should accelerate current efforts to move battery cell production nearer to the US, the senior director of manufacturing for Fluence told Energy-Storage.news.
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Reduction Act (IRA) which passed today.
On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.