Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
Verdant Microgrid, a developer of distributed generation projects ranging from 1MW to 20MW largely for commercial and industrial (C&I) sector customers, has secured a US$150 million financing agreement to further its activities.
A residential virtual power plant (VPP) programme in Maryland has received regulatory approvals, enabling a partnership between technology provider Sunverge and utility Delmarva Power to get started on the project.
Global technology company Honeywell has launched its own battery energy storage system (BESS) Platform, which includes integrated controls, monitoring and forecasting capabilities.
Renewable energy investment group CleanCapital and artificial intelligence-driven energy storage provider Stem Inc have provisionally agreed a financing partnership for US energy storage projects of 30MW or under.
The stationary energy storage system (ESS) industry will be a significant source of lithium-ion batteries that can be recycled and reused, the head of Finnish state-owned energy company Fortum’s battery business line has said.
Concern has been expressed about the lack of attention and funding for energy storage in plans for economic recovery and post-pandemic resilience tabled by European Union Member States.
US Secretary of Energy Jennifer Granholm spoke of the urgent need to create an advanced battery manufacturing value chain at a roundtable event with representatives of industry. Here are some of the key points and takeaways.
The latest episode of the Solar Media Podcast, sponsored by Honeywell, is now available to stream as we discuss the rise of new solar technologies and the drivers behind the n-type revolution.
