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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.
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.
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.
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.
India adds Energy Storage Obligation policy to renewable energy purchase scheme
July 26, 2022
India’s government has added an Energy Storage Obligation alongside its Renewable Purchase Obligation for the first time.
Australian Capital Territory government ‘invests’ in 250MW battery project
July 25, 2022
The state government of the Australian Capital Territory (ACT) will pledge funding towards a BESS rollout.
Ambri gets UL 1973 safety certification for liquid metal battery storage tech
July 22, 2022
Ambri, the US high temperature liquid metal battery startup, has received key UL 1973 certification for safe operation of its systems.
Tesla’s energy storage business remains ‘component-constrained’
July 21, 2022
Tesla deployed more than a gigawatt-hour of battery storage in Q2 2022, but the company has been impacted by component supply issues.
Mercom: Energy storage corporate funding for first half of 2022 nearly equals 2021 total
July 21, 2022
In the first half of this year, energy storage companies raised almost as much corporate funding as in the whole of 2021.
Industrial sensor group completes acquisition of battery PCS manufacturer Dynapower
July 14, 2022
The sale of Dynapower by private equity firm Pfingsten to industrial sensor manufacturer Sensata Technologies has been completed.
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