Annual deployments of distributed energy storage connected to virtual power plants (VPP) is expected to reach 3GW by 2030, according to research firm Guidehouse Insights.
Ion Storage Systems (ION), a company that has developed a solid state lithium-ion battery technology, has raised a US$30 million Series A to expand its production facility and accelerate its entry into the stationary storage sector.
Community solar owner-operator Summit Ridge has secured US$15 million in project financing for two battery energy storage system projects in New York City, US.
Italian startup Energy Dome has launched the first demonstrator project of its carbon dioxide-based energy storage solution, a 4MWh system in Sardinia, Italy, while also revealing Series B plans.
Norway-headquartered renewable energy group Statkraft is not taking the same bullish approach to Germany’s standalone utility-scale battery energy storage market as others, the company’s head of wind & solar Germany Clause Urbanke told Energy-Storage.news.
Nickel-hydrogen-based battery storage company EnerVenue has struck a supply MOU of up to 420MWh while liquid metal battery company Ambri is expanding its new facility in Massachusetts, US.
Flow battery companies CMBlue Energy and Redflow, both of whom have developed solutions using alternatives to vanadium, have struck commercial deals in Austria and the US, respectively.
Renewable energy power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects with 1.1GWh of energy storage in South Africa.
Zinc-air battery company e-Zinc has entered into a pilot project collaboration with Toyota Tsusho Canada (TTCI) to trial its energy storage system at a wind farm in Texas.
