Industry
In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.
The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.
In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.
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Latest News
‘After the blackout, we saw a 70% increase in demand for batteries and hybrid kits’
Javier Rodríguez Lizcano, CEO of clean energy wholesaler Solarbox, tells pv magazine Spain about solar equipment trends and highlights growing interest in batteries and hybrid systems for homes and small businesses.
2 hours ago
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Tesla deploys 9.6 GWh of battery storage in Q2, 10 GWh Nevada cell factory ‘nears completion’
The electric vehicle company reported flat energy storage growth, quarter over quarter, but nearly 50% growth year-to-date, compared with 2024. Tesla has deployed 37.9 GWh over the past four quarters and is approaching 100 GWh deployed.
US DOE awards $14m for unique energy storage systems for critical facilities and infrastructure
The US Department of Energy's (DoE) Critical Facility Energy Resilience (CiFER) fund will back an organic quinone flow battery and an iron and sodium long duration energy storage (LDES) system in California, plus a lithium battery with a novel cathode material in New York state.
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A 920% tariff on anode materials from China “would throw the economics of U.S. storage out of whack”
Battery installations in the U.S. are threatened by the imposition of anti-dumping, countervailing duties on active anode materials. The supply chain for Active Anode Materials (AAM) is dominated by Chinese producers, with attempts to establish the full supply chain outside of China years away.
“The addition of BESS can mitigate the risk of long-term PPAs”
With most renewable energy PPAs signed for long terms of 10 years or more, the mitigation of risks, such as negative prices, becomes critical. Pierre Bartholin, head of power hedging at Nuveen Infrastructure, tells ESS News that the addition of battery energy storage systems (BESS) – right from the onset under hybrid PPAs or at a later stage by reopening the negotiation of the existing offtake deals – improves financial prospects for both energy seller and offtaker.
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