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Corporate funding into energy storage companies: the first nine months of this year have already blown away the full-year totals for 2019, 2020 and 2021. Image: Solar Media, data from Mercom Capital reports.

Energy storage corporate funding so far this year already exceeds 2021 total, Mercom says

October 27, 2022
More corporate funding went into energy storage companies in the first nine months of 2022 than in the entirety of last year.
goldman sachs developer gridstor LA california

Goldman Sachs-backed GridStor buys 2GWh of California projects from Upstream Energy

October 27, 2022
New developer GridStor has acquired a portfolio of in-development battery storage projects in LA, California, from Upstream Energy, totalling 500MW/2,000MWh.
colombia italy matrix emeren

Spain’s Matrix Renewables gets construction financing for California solar-storage hybrids

October 27, 2022
Spanish renewables platform Matrix Renewables has closed financing for construction of its Gaskell 2 and 3 solar-plus-storage projects.
Graphite Solar in Utah's Carbon County, one of the other two solar projects the pair have contracted for. The 104MWdc/80MWac project, owned by Greenbacker and developed by rPlus, recently went into commercial operation. Image: Greenbacker.

rPlus Energies, Pacificorp sign PPA for Utah solar-plus-storage plant

October 27, 2022
rPlus Energies has signed a long-term power purchase agreement (PPA) for 400MWac/200MW solar-plus-storage project in Emery County, Utah.
The company's Michigan plant. Image: LG Energy Solution.

LG Energy Solution: US is our most important market

October 27, 2022
LG Energy Solution has said that the US is its most important target market, as the company reported record quarterly revenues for Q3 2022.
toyota

Toyota second life battery storage system using multiple chemistries goes online in Japan

October 27, 2022
Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.
Original design rendering of Energy Vault's gravity storage tech, which was used at one commercial demonstrator in Switzerland. Image: Energy Vault.

Energy Vault working on 500MWh battery project for Australian solar power plant

October 27, 2022
Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.
china compressed air

Construction starts on 1.4GWh compressed air energy storage unit in China

October 26, 2022
Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.
masdar

Masdar acquires UK battery storage developer Arlington Energy

October 26, 2022
Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.
nidec ASI

Nidec ASI wins 5.4GWh battery storage contract in Italy

October 26, 2022
Nidec ASI, the Italy-based industrial solutions division of Japanese conglomerate Nidec Group, has won a contract to deploy 5.4GWh of battery energy storage systems in its home market.

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