Battery storage capacity in the US more than tripled to 4,631GW in 2021 and increasingly broadened out of ancillary services, according to the Energy Information Administration (EIA).
Volkswagen has started construction of its 40GWh battery cell gigafactory in Salzgitter, Germany, and the company plans to dedicate capacity to grid-scale energy storage in future.
KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).
Mercedes-Benz is supplying second-life batteries for Canadian startup Moment Energy’s energy storage solution (ESS), the automotive player’s second such deal in three months.
German home energy storage and virtual power plant (VPP) company sonnen has deployed 86 of its ecoLinx batteries in a new-build complex in Florida, US.
Whilst growing in popularity for stationary energy storage, one project developer tells Energy-Storage.news that LFP batteries deliver lower returns than NMC ones, a claim we then put to battery intelligence firm ACCURE.
Hydrogen storage company GKN Hydrogen, gas utility SoCalGas and the US Department of Energy’s National Renewable Energy Laboratory are collaborating on a new green hydrogen storage solution.
European gigafactory company Northvolt has signed a US$1.1 billion convertible note to finance the expansion of its lithium-ion battery production, ahead of a potential IPO in the next two years.