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LG Energy Solution announces substantial ESS revenue growth, new products
The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.
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CALB sues CATL over patent infringement in escalating battery rivalry
Until now, CALB had been the defendant in multiple patent infringement cases initiated by CATL, but this time, CALB is the plaintiff. The damage CALB is seeking is significantly higher than the total RMB 700 million (€91 million) CATL previously claimed in six patent infringement cases against CALB.
Spain’s Silbat set to roll out silicon batteries by 2028
The startup is developing long-duration energy storage (LDES) technology that, housed in a 40-foot container, would have an estimated power of 100 kW and a capacity of about 100 hours with a useful life of more than 30 years and a levelized cost of energy (LCOE) of less than $0.05/kWh in its early stages of industrialization.
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Sungrow provides support for Australia’s tough grid connection process
Labelled the “most difficult” in the world, Australia’s regulatory environment and grid connection process for new large-scale renewable energy generation and storage has also been lauded as the standard bearer for the global market.
Record year for UK small-scale battery storage
Surge in battery storage installations shown in installer data from UK accreditation body MCS. While 2024 is comfortably the best year on record, MCS Head of Scheme Alex Hughes tells ESS News she would like to see even more solar installers take on a storage accreditation.
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