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Fox ESS opens second factory in Wenzhou as global BESS demand grows
Chinese BESS manufacturer reports automation at new plant has markedly reduced time on the line. Located in Wenzhou, a port city in southeastern Zhejiang province, the plant will focus on battery energy storage system (BESS) products according to Fox ESS.
Inlyte Energy plans pilot projects to prove its iron-sodium battery technology for AIDC and ESS applications
The California-based company says its technology is the perfect match for data centers, providing low-degradation long-duration energy storage while serving as a middle layer between the grid and highly volatile power needs of data centers. Now it’s set to prove it.
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BloombergNEF: Stationary storage installations surge to 170 GWh in 2024
With expanding market opportunities and declining costs stationary battery energy storage installations are surging. Battery makers are awake to the opportunity, reports BloombergNEF, as stationary batteries account for an increasing amount of deployed capacity.
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European battery manufacturing to get $3.15bn
Europe’s battery manufacturing industry is set to receive a significant funding boost to stimulate activity and competition thanks to a new partnership between the European Commission and the European Investment Bank (EIB). Their efforts will result in €3 billion ($3.15 billion) of public support.
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