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Solar and storage drive US grid growth in H1 with record Q1 capacity share
Battery storage deployment and renewable generation reached new milestones across US power markets in the first half of 2026, with solar and storage accounting for 91% of new US grid capacity additions in the first quarter alone.
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Battery storage costs up 27% since 2020, says Lazard
The levelized cost of storage (LCOS) for a 100 MW, four-hour battery energy storage system (BESS) has risen to approximately $210/MWh to $292/MWh, according to a new Lazard report, which also found that storage costs overall have increased by roughly 27% since 2020.
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China could produce more batteries than global demand by 2030, says US think tank
China's battery cell manufacturing capacity could exceed projected global demand by 2030, according to a new Carnegie Endowment report, which recommends selective cooperation with Chinese companies to reduce supply chain risks.
EIM signs 500 MWh battery supply deal with CATL for electric trucks
Indian electric mobility company Energy In Motion (EIM) has signed an agreement with Contemporary Amperex Technology Co. Ltd. (CATL) to source 500 MWh of lithium iron phosphate (LFP) battery cells and battery pack kits for its heavy-duty electric trucks.
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CATL to supply 2.4 GWh Australian BESS, invests $1BN in DeepSeek AI
CATL to provide battery storage for Smoky Creek and Guthrie’s Gap project which reached financial close in May 2026. The world’s biggest battery maker has also increased exposure to the AI market with a major contribution to DeepSeek's first fundraising round.
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