Tesla energy storage division saw its highest quarterly gross profits as the company’s automotive business continued to see dampened demand.

Fluence has taken a step forward in its strategy to “fully onshore production, as quickly as possible,” opening a new factory in the US.

In a contrasting double-header of news for the US energy storage ecosystem, Our Next Energy (ONE) has launched US-made cells, modules and BMS while BESS manufacturer American Energy Storage Innovations (AESI) is winding down its business.

US battery gigafactory ‘power play’ will see smaller vendors step back, write Anjali Joshi and Dan Finn-Foley of Clean Energy Associates.

Trump’s dampening effect on US investor sentiment could lead to a flight to quality while tariffs will cause a surge in orders this year, writes Tao Kong, managing partner of developer Luminous Energy.

We hear from two platforms facilitating domestic content investment tax credit (ITC) deals in the US, tax credit deal ecosystem Crux and procurement platform Anza, on how far the incentive has penetrated the energy storage market.

IPP and energy trader Monsson has kicked off the environmental permit process for a 2GWh BESS project in Romania, which an executive said will use its own patented energy storage solution.

Global energy storage players Fluence and Saft on moves to onshore production for the US market.

The Australian federal government’s 2024-2025 budget includes a major investment in clean energy manufacturing and an energy bill rebate for households.

A second life energy storage assembly plant has opened in Germany, amidst a rapid fall in battery prices which could threaten the economics of repurposing EV batteries into stationary units.