Getting rid of LCE!
Now it's official. LCE turned out to be a money sink. The partnership with Ansaldo didn't materialize (guess why!), they sold zero batteries in 2022 and zero batteries in 2023. Their plan failed spectacurlary!
In 2021 they said: "We may enter into a number of contracts this year (2021) but deployments will start next year and they ramp up significantly after that. [...]For 2022 we are looking at 40MWh/5MW8hrs ramping to 1.4GWh annually over that 5yr period."
6 MWh 2021,
Zero MWh 2022,
Zero MWh 2023.
Quite a "ramp up" to 1.4GWh *annually*, eh? Prepare for long lines when potential buyers are allowed to place their bids, LMAO.