Storage Japanese manufacturer Sumitomo Electric has launched a 30-year-lifespan vanadium redox flow battery with three versions, one of which has 10 hour storage depth. The new product was revealed at the Energy Storage North America (ESNA) conference in San Diego. CATL’s new battery factory cost $3 billion and too 4 months and 10 days to build (although full output will take until August), with a 25 GWh production capacity of power batteries. China’s Gansu Province has announced its list of major projects for 2025, including 8.6 GWh of BESS projects – almost half the scale of battery energy storage development in the entire US in 2024. A 156 MW / 1,115 MWh long-duration battery energy storage project has begun construction…