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VoltStorage raises €24 million to expand product offering beyond vanadium

July 28, 2022
VoltStorage, a developer and maker of energy storage systems using vanadium flow batteries, has raised €24 million (US$24.3 million) in a Series C.
Joe Manchin at an event with Energy Secretary Jennifer Granholm (left). Image: Joe Manchin's office.

Manchin-Schumer-backed Inflation Reduction Act includes ITC for energy storage

July 28, 2022
Hopes have been raised once again that US lawmakers could introduce an investment tax credit for energy storage.
numbat EV charging battery integrated

Energy storage-integrated EV charging comes of age in Germany

July 28, 2022
The German battery storage-integrated EV charging space had a busy July, with startup Numbat raising €10m-plus in capital and Volkswagen and JOLT Energy opening charging parks.
uk energy storage

UK ROUNDUP: Canadian Solar sells portfolio, Cambridge Power, Lynher Energy project news

July 28, 2022
Another edition of our news in brief from the energy storage industry focusing on the bustling UK market.
proteus power

New developer Proteus Power eyes 3GW-plus renewables and energy storage pipeline in North America

July 27, 2022
Recently-formed company Proteus Power plans to develop and build over 3GW of solar, wind and battery energy storage projects in North America.
Illustrative rendering of a solar-plus-storage project with LG ES containerised BESS. Image: LG Energy Solution.

LG Energy Solution: Lockdowns, logistics and materials prices cause dip in profitability

July 27, 2022
LG Energy Solution has seen a drop in its profitability which according to the company’s CFO was largely caused by industry headwinds.
Tesla Megapack BESS units caught fire during testing of the 350MW Victorian Big Battery in Australia. The situation was quickly brought under control and only two Megapacks out of more than 200 on site were consumed by flames. Image: Country Fire Association.

National Fire Protection Association affiliate surveys risks and mitigation for battery storage

July 27, 2022
Stakeholders have a few days left to take part in a survey on lithium-ion based battery storage system safety.
Wärtsilä

Georgia Power gets approval for 765MW energy storage in 2022 Integrated Resource Plan

July 26, 2022
Georgia’s Public Service Commission (PSC) has approved state utility Georgia Power’s 2022 Integrated Resource Plan.
malawi dfc

World Bank guarantees US$24m financing for Malawi solar-plus-storage project

July 26, 2022
The World Bank has provided guarantees for US$24 million of equity and shareholder loan investments into a 20MW solar-plus-storage project in Malawi.
uniper green hydrogen energy storage germany EU

Uniper bags €3m EU grant for large-scale hydrogen storage pilot in Germany

July 26, 2022
E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.

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US DOE funds energy storage tech for critical facilities backup and resiliency demonstrations

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Prevalon Energy’s 320MWh Idaho BESS enters commercial operations

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Powin ‘struggling to compete with Chinese OEMs’ integrated BESS offerings’

Fengate, Alpha Omega Power’s California BESS operational after ‘rigorous’ fire training

500Ah+ cells becoming new BESS industry standard as Chinese firms launch large-cell technology race

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