Australia-based zinc-bromine flow battery company Redflow, which has a market cap of nearly US$60 million, has halted stock market trading as it prepares a capital raise.
The US government Department of Energy is looking for public input into how US$675 million of funding for R&D into Critical Materials should be best directed.
SPAC Mustang Energy PLC is increasing its effective stake in CellCube to around 25% while a company launching a vanadium mine project in Australia has injected US$3.5 million in a new flow battery maker.
Australian startup MGA Thermal has bagged around US$1 million in government funding for a 5MWh thermal energy storage project while Israel-based Brenmiller Energy has inaugurated a 1MWh unit in Brazil.
When partnered with artificial intelligence (AI), the next generation of battery energy storage systems (BESS) will give rise to radical new opportunities.
Home energy storage system provider NeoVolta has raised US$3.9 million in a Nasdaq uplisting, lower than initially planned amidst ‘tough capital markets’ according the company’s CFO.
Eos Energy Enterprises now has an order backlog worth US$457.3 million following a busy quarter for the US zinc-based battery storage solutions provider.