CATL has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. 

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. 

Lithium-ion will struggle to compete at long durations and its price declines cannot continue forever, said Alan Greenshields, Director EMEA for iron electrolyte flow battery supplier ESS Inc, in a rebuttal to an earlier Energy-storage.news article on the topic.

Facilities aimed at making products for the BESS industry announced by Turkey-headquartered Kontrolmatik and Ireland-headquartered Eaton.

Deadline for commissioning large-scale battery storage for California utility Southern California Edison might be missed, Ameresco has said.

Redwood Materials CEO JB Straubel told a US Senate hearing his company already receives approximately 6GWh of end-of-life lithium-ion batteries for recycling annually. 

Zinc battery energy storage system provider Eos Energy Systems finished 2021 with an order backlog of US$148.7 million and a net loss for the year of US$124.2 million.

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.

The global energy storage market will grow to deploy 58GW/178GWh annually by 2030, according to forecasting by BloombergNEF.