London Stock Exchange-listed transatlantic flow battery manufacturer Invinity Energy Systems has conditionally raised £25 million (US$33.46 million) gross proceeds through a share placing.
Long-duration energy storage has a crucial role to play in decarbonising the global energy system sufficiently to avoid catastrophic climate change as long as its value can be unlocked.
A new document outlines how Canada can reach its national goal of achieving net zero emissions by 2050, but only if the regulatory and policy landscape is radically altered to enable the massive buildout of wind, solar and energy storage.
SunPower has launched its ConnectedSolutions virtual power plant (VPP), enabling customers in Massachusetts, Rhode Island and Connecticut to earn “hundreds of dollars a year” for allowing utility access to their stored energy during peak demand.
ESS Inc’s recent special purpose acquisition company (SPAC) merger, which listed the iron flow battery manufacturer’s shares and warrants on the New York Stock Exchange, has raised US$246 million cash.
A commercial fish farm in Austria has opted to use CellCube’s vanadium redox flow batteries (VRFBs) with eight hours’ duration, in combination with solar energy, to reduce the carbon footprint of its operations.
Now that the infrastructure deal finally looks to be in the bag, what does it really mean and what does the energy storage industry think about it? Energy-Storage.news gathered some views.
