Lithium-ion battery and energy storage system (ESS) manufacturer Microvast has announced plans to set up an ESS manufacturing plant in Colorado, US, which will be operational this year.
Cost disclosure requirements needed in order to qualify for IRA’s investment tax credit (ITC) domestic content adder could prove problematic for ESS providers, sources told Energy-Storage.news.
European lithium-ion gigafactory firm Northvolt has completed construction of its energy storage system (ESS) production facility in Poland and expects to start production by the end of 2023.
Convergent Energy and Power has brought online a battery storage project for New York utility O&R which will reduce the need for more expensive network upgrades.
Powin has ‘big plans’ in the balance-of-system space and could become ‘the biggest energy storage platform in the world’, president Anthony Carroll says.