The US Department of Energy’s Pacific Northwest National Lab (PNNL) has made a third semi-exclusive commercial licence for vanadium redox flow battery technology available.

GridBeyond is to develop behind-the-meter battery storage across the UK and Ireland, with a financing facility from Triodos.

Energy storage can improve power quality and reduce electricity costs for industrial entities in Mexico.

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.

A consortium of developers has achieved financial close for US$1.3bn in debt facilities for the Red Sea project, a huge resort under construction off the coast of Saudi Arabia which plans to have the largest off-grid battery energy storage system at 1,200-1,300MWh.

CellCube has agreed a five-year, three-million litre/year bulk electrolyte supply deal with producer US Vanadium.

Eos Energy Enterprises’ leadership has claimed gross positive margins can be achieved in a year and a half. 

ron flow battery provider ESS Inc has revealed a US$477 million net loss in 2021, in its first full-year results since becoming a publicly-traded company on the New York Stock Exchange (NYSE). 

Stem Inc has offered full-year 2022 revenue guidance of between US$350 million and US$425 million. 

Eos Energy Enterprises has said that equipment and machinery will begin arriving next month as the zinc-based battery storage company expands its manufacturing facility near Pittsburgh.