Huge US market too31 Mar 2025 08:15
Commercial and Global LDES Market Developments
Looking forward, the size and scale of the opportunities which the Company is actively discussing and negotiating are significantly greater in terms of both number and project capacity than it has seen before. These are principally focused on areas where the Company is not competing directly against lithium-ion solutions and where there is support for non-lithium long duration technology to be deployed at scale.
Despite the recent changes in the U.S. policy environment, the Company is still working actively to close the ENDURIUM projects part-funded by the United States Department of Energy and is pleased that such funding remains available to the projects. These projects are expected to support 2026 revenues for the Company in addition to a pipeline of other opportunities which the Company is in advanced negotiations to close.