Powin has ‘big plans’ in the balance-of-system space and could become ‘the biggest energy storage platform in the world’, president Anthony Carroll says.

LG Energy Solution sees lithium iron phosphate (LFP) battery production to meet demand for stationary energy storage systems (ESS) in the US market as a “new growth engine” for the South Korean manufacturer.

ElevenEs has opened a lithium iron phosphate (LFP) gigafactory in Serbia, which it claimed is the first in Europe.

Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.

Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

LG Energy Solution will build a cell factory with 16GWh of annual production capacity dedicated to the stationary energy storage market.

At World Smart Energy Week in Japan last week CATL, Jinkosolar and Sungrow exhibited battery storage products.

Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.

Groundbreaking has taken place for a manufacturing hub in West Virginia, US, to be powered by a large-scale solar-plus-storage microgrid.

Powin “very close” to announcing first US factory, company working to extend its reach into new markets including the UK.