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In a world of low-cost batteries, performance matters
Oversupply of lithium-ion battery precursor and active materials – and of lithium iron-phosphate (LFP) batteries, especially in China – has driven energy storage system costs down, fueling a record 330 GWh of battery energy storage system (BESS) shipments in 2024. Edward Rackley, head of the energy storage team at Business intelligence specialist CRU, shares his analysis.
Jun 20, 2025
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ZGR battery system kept one Spanish village powered during major Iberian blackout
A 160 kW / 250 kWh standalone battery system installed by Spanish manufacturer ZGR (Zigor Corporación) ensured uninterrupted power for the village of San Vicente del Monte during a major blackout that affected the Iberian Peninsula on 28 April 2025. The system, connected to the low-voltage (400 V) grid, supplied electricity to the entire village for more than five hours.
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Risen Energy and Brazil’s MTR Solar Group sign a 1GW agreement for energy storage solutions
Risen Energy and MTR Solar Group have signed an agreement to jointly develop 1 GW of battery energy storage system (BESS) solutions, building on their collaboration in the Latin American market. Risen Energy made a brief announcement on several of its company’s LinkedIn pages, following earlier reports posted to Tencent QQ in China. Reports also […]
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