Since the Inflation Reduction Act, US$270 billion of US clean energy investment has been announced while downstream projects in development have hit 185GW – 80% and 92% higher than four months ago.
Zinc battery firm Eos Energy Enterprises saw reduced activity in Q2 as it transitioned to its Z3 product, while CEO Joe Mastrangelo discussed its backlog, the subject of a recent short-seller note.
Oregon-based Powin Energy, one of the largest battery energy storage system (BESS) integrators, has appointed Jeff Waters as new CEO to replace the outgoing Geoff Brown.
A total of 71GWh of new grid-scale energy storage needs to be deployed in Italy by 2030 for it to decarbonise its energy system in line with the EU targets.
The government of New Caledonia, a French overseas territory in Polynesia, has announced plans for a 150MWh battery energy storage system (BESS) to be deployed by IPP Akuo Energy.
The early numbers on the benefits of the Energy Superhub Oxford’s combination of lithium-ion and vanadium flow batteries are “encouraging”, project owner EDF Renewables told Energy-Storage.news in an interview one year one from its launch.
Second life energy storage firm Stabl has raised €15 million, while its CEO told Energy-Storage.news the second life market will “struggle with the deteriorating performance of their systems in the coming years”.
The Regulatory Authority for Energy (RAE) of Greece has chosen the 12 winning projects of a recently-launched tender, with 411MW of battery storage capacity to receive financial aid over a 10-year period.
Energy Vault and Kore Power have announced a master supply agreement (MSA) which will see Kore supply 1.3GWh of US-made batteries in 2025, potentially rising to 7GWh by 2027.
US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.
