Microsoft, Google and 10 other companies have joined the Long Duration Energy Storage (LDES) Council, a CEO-led organisation launched at COP26 in November to push for the global deployment of technologies that can store and discharge energy for eight hours or longer.
The Indian government’s decision to classify grid-scale energy storage as infrastructure addresses the industry’s “biggest concerns” by making investments easier to facilitate, Energy-Storage.news has heard.
Georgia Power has filed its 2022 integrated resource plan (IRP), highlighting the decreasing economic viability of it coal and seeking to add resources including renewables, gas and battery storage.
LG Energy Solution has signed a five-year supply deal for lithium hydroxide from Germany-headquartered Vulcan Energy Resources, which aims to establish carbon emissions-free extraction facilities.
Battery storage companies raised 159% more corporate funding in 2021 than in 2020, with funding activity reflecting the “significance of battery energy storage in the energy transition,” analysis group Mercom Capital has said.
Power company TransAlta has made an application to regulators seeking approval of a large-scale battery storage system in Alberta, Canada, which will be charged from hydroelectric generation.
Tesla is ambitious to grow its energy storage business in 2022, after it reported a 32% year-on-year increase in battery storage deployments, executives including CEO Elon Musk have said.
Two clean energy projects aimed at replacing a retiring Nevada coal power plant look set to go ahead, with their sale to utility NV Energy been given final approval from regulators.