LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.
Intertek CEA’s Daniel Finn-Foley and Paul Wormser dive into the new world US energy storage developers are navigating since the introduction of FEOC restrictions.
According to Lazard’s annual benchmarking report, the levelised cost of storage (LCOS) of utility-scale battery energy storage systems (BESS) in the US has risen, reversing declines reported in the 2025 edition.
Battery storage developer and operator Spearmint Energy has closed a US$450 million financing to support its 300MW/600MWh Red Egret battery energy storage system (BESS) project.
Energy-Storage.news speaks with Moment Energy’s CTO and co-founder Gabriel Soares, and VP of business development, Carl Mansfield, about recent updates from the second life battery company.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
South Korean-owned company Qcells, part of the Hanwha Group, has introduced its first domestically assembled residential battery energy storage system (BESS) to the US market.