Governor Doug Ducey of Arizona expressed delight yesterday as lithium-ion battery and stationary storage system manufacturer KORE Power selected his state for the location of a new gigafactory.
Former Tesla battery guru JB Straubel’s materials recycling company Redwood Materials has attracted more than US$700 million in investment.
News in brief from around the world in energy storage.
Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in Lancashire, a county in northern England.
US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021, but its Energy Resources division reported a fiscal loss of US$315 million.
Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have signed contracts for 778MW of renewable energy generation and 118.75MW of energy storage in California.
Tesla has reported more than 200% year-on-year increases in both solar and energy storage deployments for the second quarter of this year, during which time the company also produced and delivered more than 200,000 vehicles.
New HOrizons Ahead (NHOA), the e-mobility and energy storage company formerly known as Engie EPS, has set itself targets to install 1.7GWh of energy storage by 2025 as part of a new strategic ‘Masterplan’.
Startup Form Energy has finally made public the battery chemistry behind a technology that the company claims could make challenges of integrating renewable energy a thing of the past and outcompete fossil fuels.
The acquisition of a 60.5% stake in ENGIE EPS by Taiwan Cement Corporation (TCC) was finalised and completed earlier this week.
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UK-based energy storage investor-developer Pivot Power is to develop 100MW / 200MWh of battery storage split across two sites in the West Midlands region of England in partnership with energy technology provider Wärtsilä.
Powin Energy has installed battery energy storage systems (BESS) in Israel and Taiwan which, while small by comparison to some of the company’s recent US projects, mark entry into new territories for the Oregon-headquartered system integrator.
Renewable energy company Maoneng has made public its plans for a 240MWp / 480MWh battery energy storage system (BESS) which it has proposed to build in Victoria, Australia.
Companies in the battery storage industry raised US$9.6 billion in corporate funding during H1 2021, with European manufacturing startup Northvolt once again the biggest single recipient of venture capital (VC) investment.
Siemens has signed a letter of intent for the construction of a turnkey 100MW / 200MWh large-scale battery energy storage system (BESS) in Wunsiedel, northern Bavaria, Germany.