There’s a race to develop new technologies – and adapt existing ones – that can either be complementary to lithium batteries, or even compete with them. Representatives from three technology providers offer up some case studies, data, insights and opinions on where they think the market could go.

Germany company Voltstorage, claiming to be the only developer and maker of home solar energy storage systems using vanadium flow batteries, raised €6 million (US$7.1 million) in July.

More electricity storage and longer durations will be needed for the UK to meet net zero, according to electricity system operator National Grid ESO’s latest modelling.

Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.

Iberdrola is to develop a landmark solar-storage-hydrogen facility in central Spain, professing it to be the largest industrial green hydrogen facility in Europe once complete.

While we do acknowledge the challenges faced as a result of COVID-19, we cannot afford to lose sight of the opportunity renewable energy and energy storage solutions, such as the Vanadium Redox Flow Battery (VRFB) present, argues Paul Vollant, Director of Sales and Trading at vanadium supplier Largo Resources.

Based in the United Arab Emirates (UAE), Dr Imran Syed is head of industrial power for Enerwhere, designing and implementing hybrid systems that use energy storage. Dr Syed spoke to Andy Colthorpe about some recent project case studies.

Bringing a proven, flexible, virtual power plant (VPP) platform into North America is a step towards “unleashing the potential” of distributed energy, the chief commercial officer of UK-headquartered solutions provider Kiwi Power says.

Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.

Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.