Microvast is receiving more purchase orders from the US energy storage market than it can produce, the battery cell, pack and energy storage system manufacturer has said.
The US now has a larger pipeline of lithium-ion manufacturing projects than Europe, according to Clean Energy Associates (CEA) and Benchmark Mineral Intelligence.
Whilst growing in popularity for stationary energy storage, one project developer tells Energy-Storage.news that LFP batteries deliver lower returns than NMC ones, a claim we then put to battery intelligence firm ACCURE.