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US energy storage thrives amid political, market uncertainty
A recent webinar by Vermont-based nonprofit the Clean Energy States Alliance (CESA) highlighted how the investment tax credit (ITC) for standalone energy storage, granted under the Inflation Reduction Act (IRA), has supercharged growth.
Feb 07, 2025
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S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
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S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.

CATL to supply 19 GWh BESS for Masdar’s round-the-clock Abu Dhabi project
The supply deal with Masdar saw CATL's shares surge by more than 5% on Monday, marking a recovery for the Chinese battery giant which saw its stock suffer earlier in January after the US administration deemed it linked to the Chinese military.
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