Natural resources giant Glencore has agreed to back the Canadian battery recycler to the tune of US$200 million.

Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.

Energy storage deployment in the US is growing at a phenomenal pace. But the appetite for storage is much greater than the ability to build, and getting grid interconnection rights is often the biggest hurdle.

‘Smart’ energy storage provider Stem finished the first quarter of 2022 with an order backlog worth in excess of a half-billion dollars.

Saft has completed another project in France for parent company TotalEnergies.

Amazon has signed cross-portfolio power purchase agreement (PPA) deals with AES Corporation for California clean energy resources.

Polarium, a Swedish manufacturer of lithium-ion based battery energy storage systems (BESS) technology, has been valued at over a billion dollars.

Zenobē has begun construction of its 50MW/100MWh battery storage asset in Scotland.

NTPC has launched a battery storage tender, just a few days after the Solar Energy Corporation of India began a similar solicitation process.

Zinc battery storage company Eos Energy Enterprises has secured a US$200 million investment commitment.