This week's roundup includes energy storage-relevant news from across Solar Media's publishing stable.
Form Energy has closed a US$40 million Series B funding round led by Eni.
Swiss energy storage start-up Energy Vault will use the investment from Soft Bank's Vision Fund to "accelerate global deployment" of its energy storage tower technology.
Start-up Romeo Power has opened a lithium battery pack factory in Los Angeles, aimed at the EV and stationary energy storage markets, aiming to ramp up to 4GWh production capacity by next year.
In the simplest terms, if 2014 was the year of test deployments and proving storage can work, 2015 was a year of getting things done. But what are the big trends likely to drive the space on in 2016? Lux Research closely tracks the energy storage industry, in combination with solar, in terms of its synergy with EVs and in its own right. Andy Colthorpe spoke with Lux analyst Cosmin Laslau to get his views and predictions on what we can expect to see this year.
The US Department of Energy is to fund six projects trialling the combination of solar and energy storage.
24M, a battery company that claims it can achieve 50% cost-savings over existing Li-ion technology and hit US$100 per kWh by 2020, is positioning itself as a ‘disruptor’ of the energy storage space, an industry analyst has said.