LG Energy Solution has acquired NEC Energy Solutions (NEC ES), the NEC Corporation subsidiary focused on energy storage which announced its exit from the industry last year. 

News in brief from around the world in energy storage.

US Vanadium has followed up a recent commitment to ramp up its flow battery electrolyte production with a deal to secure vanadium feed material and the acquisition of a processing plant near its existing facilities in Arkansas. 

Canadian Solar’s project development subsidiary Recurrent Energy has sold a majority stake in its 350MW / 1,400MWh Crimson energy storage project currently awaiting the start of construction in California. 

South Korean energy company SK E&S has agreed to acquire Key Capture Energy, a developer, owner and operator of grid-scale battery energy storage systems (BESS) in various regions of the US including Texas and New York.

Work has started at a battery storage site lauded as the largest of its kind under construction in the UK by developers Harmony Energy and Fotowatio Renewable Ventures.

California-headquartered distributed battery energy storage provider SimpliPhi Power has been bought by Briggs & Stratton, a company best known for its gasoline engines and portable generators. 

Preliminary assessment has begun into a battery module overheating incident which occurred over the weekend at the world’s biggest battery energy storage system (BESS) project, Moss Landing Energy Storage Facility.

A new 50MW battery storage site in the UK will be another example of how batteries are benefiting the grid and offering returns for investors, the company behind the project has said. 

Advocating for an investment tax credit for energy storage, a Day of Action will be launched tomorrow (8 September 2021) by the US national Energy Storage Association.