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Artistic rendering to promote Form Energy's battery tech. The company has also received DOE demonstration project funding elsewhere. Image: Form Energy.

Form Energy raises US$450 million for 100-hour iron-air ‘rust’ battery technology

October 5, 2022
Form Energy has raised US$450 million from investors including ArcellorMittal, bringing the startup’s total investment to US$800 million.
grid booster

Fluence building 250MW ‘Grid Booster’ battery storage system for German TSO TransnetBW

October 5, 2022
Global system integrator Fluence will deploy a 250MW ‘Grid Booster’ battery energy storage system for transmission system operator (TSO) TransnetBW, one of two such projects planned in Germany.
Elsewhere in Australia, Neoen's 100MW/200MWh Capital Battery project reached financial close in October and construction underway. Image: Neoen via Twitter.

Australia’s CEFC lends AU$35.5 million towards cost of Neoen’s Capital Battery project

October 5, 2022
Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.
latam latin america lithium gigafactory battery carbonate

Barriers to gigafactory projects in LATAM remain as CATL announces plans for first in region

October 4, 2022
Despite having the largest lithium reserves in the world, Latin America (LATAM) has lagged far behind other continents when it comes to setting up lithium-ion gigafactories.
germany utility scale battery storage market

25MW BESS in Germany using second use battery cells completed by JT Energy Systems

October 4, 2022
A 25W battery energy storage facility in Germany with used battery cells from EVs including forklifts has been completed by developer JT Energy Systems.
fotowatio frv tyler hill uk battery storage greece

FRV and Tyler Hill Partners to develop 1GW of energy storage in UK

October 4, 2022
Fotowatio Renewable Ventures (FRV) and Tyler Hill Partners have created a platform to develop, build and operate up to 1GW of battery energy storage system projects in the UK.
The first BESS in Australia to deliver grid-forming capabilities, Hitachi Energy's 30MW/8MWh project in Dalrymple, South Australia. Image: Hitachi Energy.

Hitachi buys out ABB’s remaining stake in energy and power grids business

October 4, 2022
Japanese tech conglomerate Hitachi has bought the remaining 19.9% stake held in Hitachi Energy by its joint venture partner ABB.
alliant energy wisconsin

Utility Alliant Energy plans 700MWh BESS deployments in Wisconsin

October 3, 2022
Wisconsin utility Alliant Energy has announced plans to deploy two projects totalling 175MW/700MWh of battery energy storage in the midwestern state.
second life

Prototype system for sorting battery cells for second life energy storage systems developed in UK

October 3, 2022
A prototype system that can test and sort used battery cells for second life applications has been developed by four companies in the UK in a government-funded initiative.
uk energy storage

UK’s Gresham House Energy Storage Fund reports 53.5% net asset value increase in half-year financials

October 3, 2022
Gresham House Energy Storage Fund has seen its net asset value increase by 53.5% to £785 million (US$879 million).

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Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

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California BESS legislation update: Progress for pragmatic approaches, not for the extreme

California’s battery storage installations grow to almost 16GW

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

Fluence grows US manufacturing footprint with Arizona factory opening

Commissioning begins on South Australia’s second-largest BESS

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