Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
An April 2019 fire and subsequent explosion which caused injuries to firefighters and destruction of a grid-scale battery storage system in Arizona likely started with an internal cell defect that caused the “preventable” incident, analysis has found.
Western Australia will invest AU$56.3 million (US$40.11 million) in solar power as part of a new renewable energy plan designed to kickstart the state’s economy following the impacts of the COVID-19 pandemic.
Iberdrola is to develop a landmark solar-storage-hydrogen facility in central Spain, professing it to be the largest industrial green hydrogen facility in Europe once complete.
Australian startup Vast Solar said it has picked a site in Queensland where it could develop a AU$600 million (US$427 million) power plant combining different low emissions technologies to provide baseload power cost-effectively over a 30-year lifetime.
The 20MW / 80MWh Pomona battery energy storage facility, in operation in California since a fast-track process brought it online in partial response to the 2015 Aliso Canyon gas leak, has been bought by Ormat Technologies.
US equipment manufacturer and engineering solutions company Honeywell has signed a contract to supply what is thought to be the Ukraine’s first large-scale battery energy storage system.
Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
Technology infrastructure company Switch and asset management firm Capital Dynamics have announced the groundbreaking of three developments in Nevada, one of which is claimed to be the largest behind-the-meter solar project in the world.
Tesla CEO Elon Musk and fellow executives talked up the potential for Tesla Energy to reach “roughly the same size” as the company’s automotive business in an earnings call with analysts held yesterday.
