The US-based International Development Corporation (DFC) has provided a US$25 million loan for a solar-plus-storage project in Malawi with a 5MW/10MWh battery energy storage system (BESS).
Metal-hydrogen battery startup EnerVenue has signed a master supply agreement (MSA) with Green Energy Renewable Solutions for 250MWh of its technology over the next three years.
Oil and gas major TotalEnergies, thermal energy storage system company 1414 Degrees and six other companies have joined the Long Duration Energy Storage (LDES) Council.
Power conversion technology provider Ampt has received an order for its String Optimizers to power a large solar-plus-storage plant with an energy capacity of 600MWh in California.
Shanghai-based WeView has raised US$56.5 million in several rounds of financing to commercialise the zinc-iron flow battery energy storage systems technology originally developed by ViZn Energy Systems.
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
