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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.
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India, China strengthen battery storage ties with new manufacturing partnership, major supply deal
Servotech Renewable has partnered with China-based Zhuhai Piwin New Energy to manufacture advanced battery energy storage systems (BESS) in India, while ACME Solar has placed a 2 GWh BESS order with Chinese battery storage firm Chuzhou Lishen.
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Securing Europe’s battery future: Why China’s LFP export ban must be a catalyst for action
China’s recent decision to restrict exports of lithium iron phosphate (LFP) and lithium manganese iron phosphate (LMFP) battery cathode active material technology is more than just a trade move, or only the latest play in an escalating geopolitical game of tariffs and counter-tariffs. It’s nothing less than a wake-up call to energy, mobility, and defence sectors across the globe. For too long, much of the world has operated under the assumption that access to critical battery materials and know-how would remain open and uninterrupted. That illusion is now being shattered, writes Behnam Hormozi.
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