South Korean battery manufacturer SK On’s US production facilities will supply NeoVolta Power with 9GWh of lithium iron phosphate (LFP) pouch cells under a five-year deal.

Procurement platform Anza Renewables has published its first Q1 storage pricing insights report covering battery cell pricing, AC and DC-integrated systems, list prices and more.

In the rapidly growing but still relatively new battery energy storage sector, equipment procurement and integration for large projects presents numerous risks.

Energy-Storage.news proudly presents our sponsored webinar with Clean Horizon on the falling costs of battery storage and how to take advantage of them through agile and intelligent procurement strategies.

Battery storage project development costs will continue to fall in 2024 as lithium costs decline “significantly,” according to BMI Research.

Europe appears to be slower and less bold than other markets like the US when it comes to financial support for upstream battery material projects like lithium refining, a company looking to invest half a billion euros in an EU project told Energy-Storage.news.

Two years of volatility in the lithium-ion battery storage industry have seen prices tumble and a host of supply-chain complexities come to the fore.

Despite geopolitical unrest, the global energy storage system market doubled in 2023 by gigawatt-hours installed. Dan Shreve of Clean Energy Associates looks at the pricing dynamics helping propel storage to ever greater heights.

As with previous years, our year in review wrap up of 2023 includes interviews with a handful of industry players from around the sector.

After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.