Recently, US BESS companies Energy Vault and Goshe, SMT Energy and Climate Adaptive Infrastructure, and NeoVolta and SK On have made major deals and secured strategic partnerships.
Spain-headquartered Power Electronics has opened a new factory in Houston, Texas, as the US market increasingly looks to build domestic content supply chains.
ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.
Market research firm Wood Mackenzie stated that data centre buildout is uplifting the US battery energy storage system (BESS) outlook across all segments.