South Korean Firms Are Powering U.S. Energy Storage

Soaring electricity demand from US data centres is driving significant investment in battery energy storage systems (BESS). US policy, including the Inflation Reduction Act and rules restricting Chinese components, is reshaping the BESS supply chain, creating major opportunities for non-Chinese suppliers like those from South Korea to power the American grid.

This Wire brief sits within Fusion42's coverage of Energy Storage. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.