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.

Anthony Price summarises what took place at this year’s International Flow Batteries Forum Summer Conference in Brussels, Belgium.

ESS Inc has recognised revenues for the first time since publicly listing, while closing in on a 750MWh targeted annual production capacity.

It’s been a rollercoaster couple of weeks for US clean energy, an industry accustomed to ups and downs in policy and market dynamics.

The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.

Global battery energy storage system (BESS) integrator Fluence is setting up a new contract manufacturing facility in Utah to serve the US market.

The Inflation Reduction Act took a significant step forward over the weekend as US vice-president Kamala Harris cast a decisive vote.

Eos Energy Enterprises now has an order backlog worth US$457.3 million following a busy quarter for the US zinc-based battery storage solutions provider.

LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.