Form Energy iron-air battery in Maine granted $147 million
The U.S. Department of Energy is supporting Power Up New England with $389 million of federal funding. As part of the Power Up New England program, Form Energy is to deploy an 85 MW/8500 MWh multi-day battery system in Lincoln, Maine.
Tesla usurps Sungrow as lead BESS producer globally in 2023
Sungrow has lost its crown as the “lead producer” in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ‘Global battery energy storage system integrator ranking 2024’. Tesla claimed a 15% global market share in 2023.
