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European storage inventories on the rise
In an interview with pv magazine, Ali Arfa, analyst at EUPD Research, said China’s dominance of the global battery supply chain is unlikely to change significantly over the next two years. He expects rising inventories to put pressure on residential and C&I storage prices in Europe, while utility-scale battery prices should remain broadly stable.
INTERVIEW: Hithium’s sodium-ion storage push, where it could win, where it won’t, and path to bankability
In this interview with ESS News, Hithium’s Leb Lan discusses the company's advances, where sodium-ion could compete with LFP, and what still needs proving. Lan says validation of the new generation is planned and safety testing is ongoing, but is light on detail around pricing figures and engagement with insurers.
Hebei Juhang and Kohinoor Energy plan battery manufacturing plant in Pakistan
Chinese battery manufacturer signs memorandum of understanding (MoU) with Kohinoor Energy Limited for assembly and manufacturing plant. The MoU comes as Pakistan’s energy regulator mandates battery energy storage systems (BESS) in its next solar and wind tender.
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Great Power invests in 10 GWh battery storage manufacturing facility in China
The Chinese battery manufacturer says it is aligning its expansion plans with the anticipated market growth. However, its latest financial report reveals available cash of CNY 1.378 billion, significantly below the CNY 8.8 billion required for its announced projects.
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“Expansion of privately-owned Chinese BESS integrators overseas is inevitable”
While the same names appear on this year's top five list of global battery energy storage system (BESS) integrators, the order has changed. Anqi Shi, principal analyst, batteries and energy storage, at S&P Global, tells ESS News that the battle for market share will intensify with Chinese players looking to further expand their global footprint.
Californian lithium sulfur battery maker lightens the load for Northvolt
San Jose-based Lyten has acquired lithium metal battery technology company Cuberg from Swedish manufacturer Northvolt, which is battling to reduce costs. Lyten will spend up to $20 million developing a 200 MWh annual capacity of 'Made in America' batteries.
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