Lithium-ion battery and energy storage system (ESS) manufacturer Microvast has announced plans to set up an ESS manufacturing plant in Colorado, US, which will be operational this year.
New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.
Developers Eku Energy and Renera Energy have signed an agreement to deploy 1GW of battery storage projects in Italy, the latest in a flurry of companies entering the market.
The Singapore Energy Market Authority (EMA) is figuring out how energy storage technologies can be widely deployed in the country, overcoming constraints such as limited availability of land.
Canadian energy company TC Energy has announced that its pumped hydro energy storage project in Ontario will soon receive a final evaluation from the Canadian Ministry of Energy.
New transferability and direct pay provisions for clean energy tax credits are a “game changer for renewable energy development” in the US, Shearman & Sterling partner Mona Dajani told Energy-Storage.news.
Investor DIF and renewable energy optimiser Pexapark have announced what they claim is the UK’s ‘first bankable and unsubsidised co-located PPA’, for a solar and storage project.
Many ASEAN countries are advancing their adoption of renewable energy with the support of regulators, but the same can’t yet be said for energy storage technologies.
