Rising demand for batteries, largely coming from the electric vehicle (EV) sector, means raw materials prices continue to be volatile.

Eos Energy Enterprises added 65MWh of production capacity in the first quarter of this year.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.

Tesla made 846MWh of battery energy storage system deployments in the first quarter of this year.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

President Joe Biden’s recent invocation of the Defense Production Act of 1950 could help solve supply chain issues, but only over the longer term. 

Powin Energy is the latest international company to target rising opportunities in India.

A 214 acre site which will host a battery cell gigafactory in Arizona, US, has been acquired by KORE Power.

EU-supported European Battery Alliance (EBA) will roll out a newly updated action plan to enable 90% of the Union’s demand for batteries to be met with domestically made products by 2030.

Fluence has formed a partnership with TECO Group to pursue energy storage opportunities in Taiwan’s growing market.