Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.
Largo Clean Energy, part of vanadium primary producer Largo Resources, and Ansaldo Green Tech are exploring the potential of a joint venture for deploying vanadium flow batteries.
E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.