The Biden Administration will more than triple the tariffs paid on batteries and battery parts imported from China, from 7.5% today to 25%, in a huge move for the industry announced today.
The US Department of Energy (DOE) has issued Requests for Information (RFIs) on safety training for energy storage systems, and how to tackle manufacturing design challenges.
Global battery energy storage system (BESS) integrator Fluence saw an 11% revenue drop in revenues in the three months ending 31 March, 2024, while it is also launching a higher energy density product and US module production this year.
Storage developer and operator Lightshift Energy will deploy numerous distributed BESS projects totalling 50MW for various utilities via the Massachusetts Municipal Wholesale Electric Company (MMWEC).
Optimiser Habitat Energy has secured a deal with UBS Asset Management to handle the energy market activity of four BESS projects totalling 730MW in ERCOT, Texas.
Developer energyRe has secured US$240 mllion from Bank of America to fund the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina, US.
Developers Agilitas Energy and On.Energy have raised a total US$125 million in debt financing towards solar, energy storage and hybrid solar-plus-storage projects in the US.
Natron Energy has started commercial-scale operations at its sodium-ion battery manufacturing plant in Michigan, US, and elaborated on how its technology compares to lithium-ion in answers provided to Energy-Storage.news.