Malta Inc, developer of a grid-scale electro-thermal energy storage technology, has closed a Series B funding round, raising US$50 million from investors that include Facebook co-founder Dustin Moskovitz.
A couple of weeks ago the New York Power Authority (NYPA) began trialling an energy storage system using lithium batteries based around start-up Cadenza Innovation’s ’Supercell’ architecture which aims to eliminate the threat posed by thermal runaway. NYPA’s R&D lead Alan Ettlinger and Cadenza Innovation CEO Christina Lampe-Onnerud spoke with Energy-Storage.news as the trial got underway.
Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.
Pivot Power will collaborate with manufacturer and system integrator redT on what is claimed to be the world’s first grid-scale hybrid battery energy storage project to use a combination of lithium-ion and vanadium technologies.
A key missing piece in the clean energy puzzle is the question of how to provide baseload power in an electricity system dominated by intermittent renewables. Javier Cavada of Highview Power examines cryogenic long-duration storage as a possible solution.
Energy Vault, a Swiss maker of energy storage systems based around gravity, has made its technology commercially available, with India’s Tata Power expected to be the first customer.