Manufacturing
Advertisement
Advertisement
Advertisement
Latest News
Advertisement
Beyond the cell: The evolution of battery costs
For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Yet with rising costs for battery cells, the opposite might be expected. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows
U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
EU to cover only 21.4% of battery demand by 2030 despite global market surge; costs remain up to 50% higher than Asia
A report from the European Commission's Joint Research Centre (JRC) warns of the urgent need to accelerate battery manufacturing in the European Union to achieve a solid competitive position against powers such as China or the United States.
Australia’s PowerPlus secures grant to triple battery production capability
Australian battery designer and manufacturer PowerPlus Energy has secured $2.3 million in federal government funding that will support its plans to triple annual battery module production capacity to 150 MWh over the next two years.
Advertisement
All Manufacturing news
Tesla usurps Sungrow as lead BESS producer globally in 2023
Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023.
Liquid metal battery storage specialist Ambri emerges from restructuring
After filing for Chapter 11 bankruptcy protection, the US-based calcium-antimony liquid metal battery startup incubated at the Massachusetts Institute of Technology (MIT) has now confirmed the closing of the sale of its assets.
Aug 02, 2024
Advertisement
Spain unveils €2.3 billion support for renewables, energy storage manufacturing
The country’s ecological transition ministry has published the regulatory bases of aid to large hydrogen clusters, industrial capacities in solar, wind energy, heat pumps, batteries and electrolysers; innovative renewable energy, storage and heat pump projects; and energy communities.
California state grant advances 2 GWh iron flow battery deployment plans
The Sacramento Municipal Utility District's long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.
Advertisement
Tesla continues scaling up energy storage business in China
The announcement of Tesla's battery factory in Shanghai marked the company's entry into the Chinese market. Amy Zhang, analyst at InfoLink Consulting, looks at what this move could bring for the US battery storage maker and the broader Chinese market.
Budget push for battery manufacturing, new pumped storage in India
The Indian government's support for pumped storage projects is seen as critical for maintaining grid stability and ensuring round-the-clock energy availability. In addition, custom duty exemptions on import of lithium and other related raw materials are expected to encourage local battery storage manufacturing.
Hithium plans its first production facility in North America
As the Inflation Reduction Act (IRA) incentives continue to attract new battery manufacturing announcements in the US and Canada, new tarrifs on batteries from China are set to increse costs for US integrators, creating a perfect storm for the local battery energy storage (BESS) industry.
Advertisement