The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
Australia-based flow battery provider Redflow has paused deliveries of new batteries after a number of unexpected product mode failures during remote monitoring at customer sites, according to a filing on the Australian Stock Exchange.
The US Trade and Development Agency (USTDA) is promoting a Request for Proposals (RfP) to US companies to design, build and install hybrid solar PV and energy storage microgrid generation systems in Haiti.
Work has been completed on a 1MW / 2MWh battery energy storage system for a ‘multi-resource microgrid’ in Denver, by Younicos and its project partners, Panasonic and utility Xcel Energy.
UK flow battery provider redT will deliver a 1.08MWh energy storage project to support the distributed energy system in Cornwall, England, and potentially take part in utility Centrica’s developing 'virtual energy marketplace'.
French hybrid energy storage solutions provider Electro Power Systems has secured an equity-linked financing deal to the sum of €30 million (US$31.88 million) with the European Investment Bank (EIB).
California’s Self-Generation Incentive Program (SGIP), the scheme to incentivise the use of distributed energy, opens for applications at the beginning of next month, weighted to favour energy storage.
Leclanché has hailed recent project wins and a potential 450MW pipeline in reporting an improvement on its finances, which the company’s CFO has called “the first stage of our journey towards EBITDA breakeven”.
A Swiss fund aimed at encouraging institutional investors to get on board with energy storage has reached its first closing at €66 million (US$70.4 million).
Axion Power International, focusing on “hybrid battery technology” that combines lead acid with the properties of carbon-based supercapacitors, has warned that it is in financial trouble after failed attempts to commercialise its devices.
Fundamental changes in how battery energy storage technology works come faster than they have done in solar PV or wind historically - and governments and regulators will need to adapt to keep up, one industry insider has told Energy-Storage.News.
A multi-million pound EU funded project is set to provide the Isles of Scilly with a new smart energy system, using new software platforms to manage supply and demand through renewables, energy storage and electric vehicles.
UK regulator Ofgem and the Department for Business, Energy and Industrial Strategy (BEIS) are planning to publish their response to the smart power call for evidence (CFE) in late May or early June.
Electric car maker turned ‘integrated sustainable energy company’ Tesla installed 98MWh of energy storage in the final quarter of 2016, according to its financial results released last week.
From Energy-Storage.News’ publisher comes The Global Energy Storage Opportunity, a special online-only supplement magazine that looks at some of the exciting recent developments in all segments from microgrids and residential to grid-scale and commercial.