As with most industries treated favorably in the Inflation Reduction Act (IRA) of 2022, the domestic energy storage market was awash with new factory announcements. Companies like KORE Power, American Battery Factory and Pomega broke ground on gigawatt-scale production facilities throughout the United States, but nothing was ever built. They quickly realized it was expensive…
The post Almost overnight, the US became an oversupply market for ESS battery cells <br><span style=’color:#404040;font-weight:600;font-size:15px;’>2026 Trends in Solar + Storage</span> appeared first on Solar Power World.
